18370 SW 232 ST, Palmetto Bay, FL 33170

18370 SW 232 ST, Palmetto Bay, FL 33170 is a 4-bedroom, 2-bathroom impr agri : residential - single family built in 1959 with 4,177 square feet of living space on a 217,800 square foot lot. The property is currently owned by EDWARD G MORRIS &W MICHELLE, recorded as of 2026-03-29. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 1975-09-01 for $90,000. The property has appreciated $40,000 (80%) since the prior sale of $50,000 on 1973-03-01. The 2025 assessed value is $604,336 with a market value of $1,271,580.

This breaks down to $650,000 for the land and $621,580 for the building. The assessed value increased 10% from $549,665 in 2024. 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 $71,250, and the median home value is $437,500. The population density is 352 people per square mile.

18370 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 1973 to 1975, with 2 recorded transactions in the public record.

The current assessed value represents 671% 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 $22 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..