12051 SW 218 ST, Palmetto Bay, FL 33170
Parcel: 3069120081040 · Residential - Single Family · 1 Unit · Zoning: 5700
Assessed Value (2025)
$241,326
Property Details
Beds
3
Baths
2
Living Sqft
1,230
Year Built
2020
Lot Sqft
7,100
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT
Sales History
1
N/Anon-market transfer
2022-08-09
TIMOTHY J JONES EST OF → TIMOTHY J JONES, DAVON J FOSTER-JONES
2
N/A
2022-08-09
3
$170,000
2022-08-28
SHATOYA COLLINS → HABITAT FOR HUMANITY OF GREATER MIAMI INC
4
$170,000
2022-10-04
5
$210,000+24%
2022-11-17
HABITAT FOR HUMANITY OF GREATER MIAMI INC → TIA RISHAY BURROWS
6
$210,000
2022-11-23
Tax Assessment History
$241,326
Assessed (2025)
$241,326
Market Value
$241,326
Taxable Value
$4,913
Annual Tax
2024
$189,000
2025
$241,326
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $241,326 | $241,326 | $241,326 | $4,913 | $26,113 | $215,213 |
| 2024 | $189,000 | $189,000 | $139,000 | $2,830 | $100 | $188,900 |
About 12051 SW 218 ST, Palmetto Bay, FL 33170
12051 SW 218 ST, Palmetto Bay, FL 33170 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 2020 with 1,230 square feet of living space on a 7,100 square foot lot. The property is currently owned by TIA RISHAY BURROWS, 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 2022-11-23 for $210,000. There are 6 recorded sales for this property. The 2025 assessed value is $241,326 with a market value of $241,326.
This breaks down to $26,113 for the land and $215,213 for the building. The assessed value increased 28% from $189,000 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 $201,670 recorded against this property. 12051 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 2022 to 2022, with 6 recorded transactions in the public record. The current assessed value represents 115% of the most recent sale price. Based on the most recent sale, this property traded at $171 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..
Building Permits (1)
| Permit # | Type | Description | Status | Date | Cost |
|---|---|---|---|---|---|
| C2024012304 | building | F | $2,200 |
Current Owner
TIA RISHAY BURROWS
10251 SW 218 ST, MIAMI, FL, 33170
Since: 2026-03-29
View owner profile →
Flood Zone
Zone X
Minimal risk
Est. Annual Insurance
$1,900 — $3,800
Flood $400 — $800
Property/Wind $1,500 — $3,000
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 12051
100%
Owner-Occ
0%
Investor
2
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
30
Mortgages
ACTIVE
$210,000
AMERANT MORTGAGE LLC · 2022-11-23
Est. Total Balance $201,670
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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