20880 SW 232 ST, Palmetto Bay, FL 33170

Parcel: 3068210000410 · Residential - Single Family · 1 Unit · Zoning: 8900

Assessed Value (2025)
$375,324

Property Details

Beds
3
Baths
2
Living Sqft
2,580
Year Built
1987
Lot Sqft
57,063
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$27,000
1986-08-01
2
$100non-market transfer
2017-05-10
PORFIRIO SANCHEZ &W CARMEN M CARMEN M SANCHEZ LE
3
$380,000
2017-08-31
CARMEN M SANCHEZ LEYASMIN VELAZQUEZ RAMOS

Tax Assessment History

$375,324
Assessed (2025)
$686,231
Market Value
$324,602
Taxable Value
$6,609
Annual Tax
2024
$364,747
$672,230
2025
$375,324
$686,231
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $375,324 $686,231 $324,602 $6,609
2024 $364,747 $672,230 $314,747 $6,408

About 20880 SW 232 ST, Palmetto Bay, FL 33170

20880 SW 232 ST, Palmetto Bay, FL 33170 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1987 with 2,580 square feet of living space on a 57,063 square foot lot. The property is currently owned by YASMIN VELAZQUEZ RAMOS, recorded as of 2026-03-29. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2017-08-31 for $380,000, when CARMEN M SANCHEZ LE sold to YASMIN VELAZQUEZ RAMOS. The property has appreciated $379,900 (379900%) since the prior sale of $100 on 2017-05-10. There are 3 recorded sales for this property.

The 2025 assessed value is $375,324 with a market value of $686,231. This breaks down to $393,000 for the land and $293,231 for the building. The assessed value increased 3% from $364,747 in 2024.

The property has the following tax exemptions: homestead. This property is located in FEMA Flood Zone AH, indicating shallow flooding areas with ponding potential. Flood insurance is typically required.

The median household income in this area is $107,073, and the median home value is $457,700. The population density is 6 people per square mile. There are active mortgage liens totaling $333,162 recorded against this property.

20880 SW 232 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 1986 to 2017, with 3 recorded transactions in the public record.

The current assessed value represents 99% of the most recent sale price. Based on the most recent sale, this property traded at $147 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..

Building Permits (1)

Permit #TypeStatusCost
C2023115894 building F $15,869

Current Owner

YASMIN VELAZQUEZ RAMOS
20880 SW 232 ST, MIAMI, FL, 33170
Since: 2026-03-29
View owner profile →

Flood Zone

Zone AH
Special Flood Hazard Area

Est. Annual Insurance

$4,153 — $7,555
Flood $400 — $800
Property/Wind $3,753 — $6,755

Estimate based on FEMA flood zone, property value, and year built. Actual premiums vary based on elevation, mitigation features, roof condition, and insurer. Not a quote.

Neighborhood

Median Income$107,073
Median Home Value$457,700
Pop. Density6/sq mi

Neighborhood 20880

100%
Owner-Occ
0%
Investor
1
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
31
View full risk analysis →

Mortgages

ACTIVE
$356,949
~$333,162 bal.
QUICKEN LOANS LLC · 2021-01-15
Est. Total Balance $333,162
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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