18850 SW 218 ST, Palmetto Bay, FL 33170

18850 SW 218 ST, Palmetto Bay, FL 33170 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1979 with 2,346 square feet of living space on a 40,510 square foot lot. The property is currently owned by VICTOR R AVILA JR SINDIA MARTINEZ, recorded as of 2026-04-19. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2018-09-17 for $460,000, when JUAN F COLAO &W DEIA F sold to VICTOR R AVILA JR. The property has appreciated $255,000 (124%) since the prior sale of $205,000 on 1997-09-01. There are 3 recorded sales for this property.

The 2025 assessed value is $243,162 with a market value of $565,089. This breaks down to $279,000 for the land and $286,089 for the building. The assessed value increased 2% from $238,964 in 2024.

The property has the following tax exemptions: homestead. This property is located in FEMA Flood Zone X, which indicates minimal flood risk. Flood insurance is typically not required for properties in Zone X.

The median household income in this area is $71,250, and the median home value is $437,500. The population density is 352 people per square mile. There are active mortgage liens totaling $105,551 recorded against this property.

18850 SW 218 ST, Palmetto Bay, FL 33170 is located in Palmetto Bay, Florida. Property records, tax assessments, sales history, and ownership information for this Palmetto Bay property are sourced from miami_dade County public records. The complete ownership history of this property spans from 1976 to 2018, with 3 recorded transactions in the public record.

The current assessed value represents 53% of the most recent sale price. This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase. Based on the most recent sale, this property traded at $196 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..