22417 SW 124 AVE, Palmetto Bay, FL 33170

22417 SW 124 AVE, Palmetto Bay, FL 33170 is a 1-bedroom, 1-bathroom residential - single family : 1 unit built in 1945 with 825 square feet of living space on a 71,874 square foot lot. The property is currently owned by FMV FAMILY LIMITED PARTNERSHIP, 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 2001-12-01 for $1,000,000. The 2025 assessed value is $363,349 with a market value of $704,974. This breaks down to $618,750 for the land and $86,224 for the building.

The assessed value increased 12% from $325,316 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. 22417 SW 124 AVE, 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 current assessed value represents 36% of the most recent sale price. This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase.

Based on the most recent sale, this property traded at $1212 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..