12500 SW 216 ST, Palmetto Bay, FL 33170
Parcel: 3069130000251 · Vacant Residential · Vacant Land · Zoning: 0100
Assessed Value (2025)
$764,691
Sales History
1
$50,000
1985-08-01
2
N/Anon-market transfer
1995-06-01
3
$950,000
2022-03-02
OSWALDO G ESPINOZA → VIRTUOUS EQUITY FUND I LLC
Tax Assessment History
$764,691
Assessed (2025)
$1,012,818
Market Value
$764,691
Taxable Value
$15,568
Annual Tax
2024
$695,174
$1,014,984
2025
$764,691
$1,012,818
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $764,691 | $1,012,818 | $764,691 | $15,568 | $825,000 | $187,818 |
| 2024 | $695,174 | $1,014,984 | $695,174 | $14,153 | $825,000 | $189,984 |
About 12500 SW 216 ST, Palmetto Bay, FL 33170
12500 SW 216 ST, Palmetto Bay, FL 33170 is a property. The property is currently owned by VIRTUOUS EQUITY FUND I 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 2022-03-02 for $950,000, when OSWALDO G ESPINOZA sold to VIRTUOUS EQUITY FUND I LLC. There are 3 recorded sales for this property. The 2025 assessed value is $764,691 with a market value of $1,012,818.
This breaks down to $825,000 for the land and $187,818 for the building. The assessed value increased 10% from $695,174 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.
12500 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 1985 to 2022, with 3 recorded transactions in the public record.
The current assessed value represents 80% of the most recent sale price..
Building Permits (4)
| Permit # | Type | Description | Status | Date | Cost |
|---|---|---|---|---|---|
| C2026000263 | plumbing | F | — | ||
| C2025177015 | electrical | F | — | ||
| C2025099211 | building | F | $1 | ||
| S1992145086 | building | expired | $12,000 |
Current Owner
VIRTUOUS EQUITY FUND I LLC
5540 NW 113 PL, DORAL, FL, 33178
Since: 2026-03-29
View owner profile →
People Behind This Entity
Flood Zone
Zone X
Minimal risk
Est. Annual Insurance
$8,046 — $14,564
Flood $400 — $800
Property/Wind $7,646 — $13,764
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 12500
100%
Owner-Occ
0%
Investor
2
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
35
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