12060 SW 216 ST, Palmetto Bay, FL 33170

Parcel: 3069120081250 · Multifamily 2-9 Units · 2 Living Units · Zoning: 5700

Assessed Value (2025)
$505,039

Property Details

Beds
6
Baths
4
Living Sqft
1,968
Year Built
2022
Lot Sqft
6,119
Stories
1
MULTIFAMILY 2-9 UNITS : 2 LIVING UNITS

Sales History

1
N/Anon-market transfer
2017-06-21
2
$25,000
2018-02-27
JAMES VOSE SR AMARA CONSTRUCTION GRP LLC
3
$680,000+2620%
2022-05-10
AMARA CONSTRUCTION GRP LLCDORAL GARDENS INVESTMENTS LLC

Tax Assessment History

$505,039
Assessed (2025)
$531,691
Market Value
$505,039
Taxable Value
$10,282
Annual Tax
2024
$459,127
2025
$505,039
$531,691
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $505,039 $531,691 $505,039 $10,282
2024 $459,127 $459,127 $459,127 $9,347

About 12060 SW 216 ST, Palmetto Bay, FL 33170

12060 SW 216 ST, Palmetto Bay, FL 33170 is a 6-bedroom, 4-bathroom multifamily 2-9 units : 2 living units built in 2022 with 1,968 square feet of living space on a 6,119 square foot lot. The property is currently owned by DORAL GARDENS INVESTMENTS LLC, 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 2022-05-10 for $680,000, when AMARA CONSTRUCTION GRP LLC sold to DORAL GARDENS INVESTMENTS LLC. The property has appreciated $655,000 (2620%) since the prior sale of $25,000 on 2018-02-27. There are 3 recorded sales for this property.

The 2025 assessed value is $505,039 with a market value of $531,691. This breaks down to $183,570 for the land and $348,121 for the building. The assessed value increased 10% from $459,127 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. 12060 SW 216 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 2017 to 2022, with 3 recorded transactions in the public record. The current assessed value represents 74% of the most recent sale price. Based on the most recent sale, this property traded at $346 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..

Building Permits (1)

Permit #TypeStatusCost
C2021049009 electrical expired

Current Owner

DORAL GARDENS INVESTMENTS LLC
321 KEY BISCAYNE BLVD, KEY BISCAYNE, FL, 33149
Since: 2026-03-29
View owner profile →

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$3,430 — $5,850
Flood $400 — $800
Property/Wind $3,030 — $5,050

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 12060

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