18850 SW 232 ST, Palmetto Bay, FL 33170

18850 SW 232 ST, Palmetto Bay, FL 33170 is a 3-bedroom, 2-bathroom impr agri : residential - single family built in 1953 with 5,786 square feet of living space on a 204,732 square foot lot. The property is currently owned by CAROLINA FALCO GIOVANNI FALCO, 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 2019-09-13 for $215,000, when VITUCCIO LLC sold to CAROLINA FALCO. The property sold for $260,000 less than the prior sale of $475,000 on 2018-11-26. There are 3 recorded sales for this property.

The 2025 assessed value is $364,337 with a market value of $762,807. This breaks down to $564,000 for the land and $198,807 for the building. The assessed value decreased 10% from $406,483 in 2024.

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. This property currently has 1 open code violation on record with miami_dade code enforcement. Open violations can affect property value and may need to be resolved before a sale can close.

18850 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 2018 to 2019, with 3 recorded transactions in the public record.

The current assessed value represents 169% of the most recent sale price. This high ratio could indicate the property was purchased below market value — a potential sign of a distressed sale or off-market deal. Based on the most recent sale, this property traded at $37 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..