12135 SW 218 ST, Palmetto Bay, FL 33170

Parcel: 3069120080930 · Residential - Single Family · 1 Unit · Zoning: 5700

Assessed Value (2025)
$255,987

Property Details

Beds
2
Baths
1
Living Sqft
1,368
Year Built
1952
Lot Sqft
7,100
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$37,750
2010-04-05
4205 HL LLCEDRIS HERNANDEZ
2
$195,200+417%
2018-06-02
EDRIS HERNANDEZJOSE M GARCIAS NIEBLA
3
$291,000+49%
2020-11-12
JOSE M GARCIAS NIEBLAGILBERTO MENCHACA

Tax Assessment History

$255,987
Assessed (2025)
$432,277
Market Value
$205,265
Taxable Value
$4,179
Annual Tax
2024
$248,773
$401,149
2025
$255,987
$432,277
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $255,987 $432,277 $205,265 $4,179
2024 $248,773 $401,149 $198,773 $4,047

About 12135 SW 218 ST, Palmetto Bay, FL 33170

12135 SW 218 ST, Palmetto Bay, FL 33170 is a 2-bedroom, 1-bathroom residential - single family : 1 unit built in 1952 with 1,368 square feet of living space on a 7,100 square foot lot. The property is currently owned by GILBERTO MENCHACA NERELYS GONZALEZ, 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 2020-11-12 for $291,000, when JOSE M GARCIAS NIEBLA sold to GILBERTO MENCHACA. The property has appreciated $95,800 (49%) since the prior sale of $195,200 on 2018-06-02. There are 3 recorded sales for this property.

The 2025 assessed value is $255,987 with a market value of $432,277. This breaks down to $213,000 for the land and $219,277 for the building. The assessed value increased 3% from $248,773 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. 12135 SW 218 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 2010 to 2020, with 3 recorded transactions in the public record. The current assessed value represents 88% of the most recent sale price.

Based on the most recent sale, this property traded at $213 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..

Current Owner

GILBERTO MENCHACA NERELYS GONZALEZ
12135 SW 218 ST, MIAMI, FL, 33170
Since: 2026-04-19
View owner profile →

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$3,471 — $6,431
Flood $400 — $800
Property/Wind $3,071 — $5,631

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 12135

100%
Owner-Occ
0%
Investor
2
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
34
View full risk analysis →
Zoom in to see property sales