11960 SW 217 ST, Palmetto Bay, FL 33170

Parcel: 3069120041080 · Residential - Single Family · 1 Unit · Zoning: 3161

Assessed Value (2025)
$550,269

Property Details

Beds
4
Baths
2
Living Sqft
2,335
Year Built
2007
Lot Sqft
7,350
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$465,100
2021-12-08
ARMANDO BARRIONUEVOOPENDOOR PROPERTY TRUST I
2
$466,000+0%
2022-09-12
OPENDOOR PROPERTY TRUST IOSCAR FERNANDEZ
3
$466,000
2022-09-14
4
$630,000+35%
2024-04-30
OSCAR FERNANDEZLARITZA TIMOR SANCHEZ
5
$630,000
2024-05-03

Tax Assessment History

$550,269
Assessed (2025)
$550,269
Market Value
$499,547
Taxable Value
$10,170
Annual Tax
2024
$492,871
$509,895
2025
$550,269
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $550,269 $550,269 $499,547 $10,170
2024 $492,871 $509,895 $492,871 $10,034

About 11960 SW 217 ST, Palmetto Bay, FL 33170

11960 SW 217 ST, Palmetto Bay, FL 33170 is a 4-bedroom, 2-bathroom residential - single family : 1 unit built in 2007 with 2,335 square feet of living space on a 7,350 square foot lot. The property is currently owned by LARITZA TIMOR SANCHEZ, 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 2024-05-03 for $630,000. There are 5 recorded sales for this property. The 2025 assessed value is $550,269 with a market value of $550,269.

This breaks down to $218,250 for the land and $332,019 for the building. The assessed value increased 12% from $492,871 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 $80,306, and the median home value is $499,700.

The population density is 1,254 people per square mile. There are active mortgage liens totaling $597,660 recorded against this property. 11960 SW 217 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 2021 to 2024, with 5 recorded transactions in the public record. The current assessed value represents 87% of the most recent sale price.

There is 1 active building permit on this property with a combined estimated cost of $44,000, indicating ongoing construction or renovation work. Based on the most recent sale, this property traded at $270 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..

Building Permits (1)

Permit #TypeStatusCost
C2026084325 building A $44,000

Current Owner

LARITZA TIMOR SANCHEZ
11960 SW 217 ST, MIAMI, FL, 33170
Since: 2026-03-29
View owner profile →

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$3,701 — $6,302
Flood $400 — $800
Property/Wind $3,301 — $5,502

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$80,306
Median Home Value$499,700
Pop. Density1,254/sq mi

Neighborhood 11960

100%
Owner-Occ
0%
Investor
7
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
34
View full risk analysis →

Mortgages

ACTIVE
$611,100
~$597,660 bal.
OBSIDIAN FINANCIAL SERVICES INC · 2024-05-03
1 satisfied mortgage
SATISFIED 2022-09-14
$442,700
UNITED WHOLESALE MORTGAGE LLC
Est. Total Balance $597,660
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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