12245 SW 220 ST, Palmetto Bay, FL 33170
Parcel: 3069120080110 · Residential - Single Family · 1 Unit · Zoning: 5700
Assessed Value (2025)
$151,965
Property Details
Beds
2
Baths
1
Living Sqft
1,008
Year Built
1940
Lot Sqft
14,100
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT
Sales History
1
N/Anon-market transfer
2015-09-30
STEPHEN K LOFFREDO → REYNALDO A CARRAZANA
2
$85,000
2015-09-30
STEPHEN K LOFFREDO → REYNALDO A CARRANZA
3
$100non-market transfer
2019-12-10
REYNALDO A CARRAZANA → RUBEN CARRAZANA
Tax Assessment History
$151,965
Assessed (2025)
$429,839
Market Value
$51,243
Taxable Value
$1,043
Annual Tax
2024
$147,683
$399,145
2025
$151,965
$429,839
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $151,965 | $429,839 | $51,243 | $1,043 | $324,000 | $105,839 |
| 2024 | $147,683 | $399,145 | $47,683 | $971 | $302,400 | $96,745 |
About 12245 SW 220 ST, Palmetto Bay, FL 33170
12245 SW 220 ST, Palmetto Bay, FL 33170 is a 2-bedroom, 1-bathroom residential - single family : 1 unit built in 1940 with 1,008 square feet of living space on a 14,100 square foot lot. The property is currently owned by RUBEN CARRAZANA MERCEDES VELAZCO, 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 2019-12-10 for $100, when REYNALDO A CARRAZANA sold to RUBEN CARRAZANA. There are 3 recorded sales for this property. The 2025 assessed value is $151,965 with a market value of $429,839.
This breaks down to $324,000 for the land and $105,839 for the building. The assessed value increased 3% from $147,683 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. 12245 SW 220 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 2015 to 2019, with 3 recorded transactions in the public record..
Current Owner
RUBEN CARRAZANA MERCEDES VELAZCO
12245 SW 220 ST, MIAMI, FL, 33170
Since: 2026-04-19
View owner profile →
Flood Zone
Zone X
Minimal risk
Est. Annual Insurance
$2,223 — $4,143
Flood $400 — $800
Property/Wind $1,823 — $3,343
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 12245
100%
Owner-Occ
0%
Investor
1
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
30
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