12231 SW 219 ST, Palmetto Bay, FL 33170

Parcel: 3069120070110 · Multifamily 2-9 Units · 2 Living Units · Zoning: 5700

Assessed Value (2025)
$574,489

Property Details

Beds
6
Baths
4
Living Sqft
2,420
Year Built
2021
Lot Sqft
7,000
Stories
2
MULTIFAMILY 2-9 UNITS : 2 LIVING UNITS

Sales History

1
N/Anon-market transfer
2020-01-10
JUDITH E ADAMS IVAN RABINOVICH MANAGEMENT
2
$156,000
2020-01-10
DANIEL LEE ADAMSIVAN RABINOVICH MANAGEMENT
3
$450,000+188%
2021-04-16
IVAN RABINOVICH MANAGEMENT MANUEL CASTILLO

Tax Assessment History

$574,489
Assessed (2025)
$576,669
Market Value
$574,489
Taxable Value
$11,696
Annual Tax
2024
$522,263
$534,431
2025
$574,489
$576,669
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $574,489 $576,669 $574,489 $11,696
2024 $522,263 $534,431 $522,263 $10,633

About 12231 SW 219 ST, Palmetto Bay, FL 33170

12231 SW 219 ST, Palmetto Bay, FL 33170 is a 6-bedroom, 4-bathroom multifamily 2-9 units : 2 living units built in 2021 with 2,420 square feet of living space on a 7,000 square foot lot. The property is currently owned by MANUEL CASTILLO, 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 2021-04-16 for $450,000, when IVAN RABINOVICH MANAGEMENT sold to MANUEL CASTILLO. There are 3 recorded sales for this property. The 2025 assessed value is $574,489 with a market value of $576,669.

This breaks down to $210,000 for the land and $366,669 for the building. The assessed value increased 10% from $522,263 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 $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 $387,086 recorded against this property. 12231 SW 219 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 2020 to 2021, with 3 recorded transactions in the public record. The current assessed value represents 128% 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 $186 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..

Current Owner

MANUEL CASTILLO
12231 SW 219 ST, MIAMI, FL, 33170
Since: 2026-03-29
View owner profile →

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$3,846 — $6,544
Flood $400 — $800
Property/Wind $3,446 — $5,744

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 12231

100%
Owner-Occ
0%
Investor
2
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
30
View full risk analysis →

Mortgages

ACTIVE
$412,087
~$387,086 bal.
HOME POINT FINANCIAL CORPORATION · 2021-06-11
Est. Total Balance $387,086
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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