11735 SW 221 ST, Palmetto Bay, FL 33170

11735 SW 221 ST, Palmetto Bay, FL 33170 is a 8-bedroom, 6-bathroom multifamily 2-9 units : 2 living units built in 2018 with 3,445 square feet of living space on a 15,000 square foot lot. The property is currently owned by SEGUNDO A RAMIREZ MIRIAM ZEGARRA, recorded as of 2026-04-19. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2019-02-20 for $575,000, when 221 STREET DUPLEX LLC sold to SEGUNDO A RAMIREZ . The property has appreciated $531,000 (1207%) since the prior sale of $44,000 on 2017-07-13. There are 3 recorded sales for this property.

The 2025 assessed value is $716,570 with a market value of $716,570. This breaks down to $337,500 for the land and $379,070 for the building. The assessed value increased 7% from $671,557 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 $42,718, and the median home value is $319,200.

The population density is 5,016 people per square mile. 11735 SW 221 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 2016 to 2019, with 3 recorded transactions in the public record. The current assessed value represents 125% of the most recent sale price. This high ratio could indicate the property was purchased below market value — a potential sign of a distressed sale or off-market deal.

Based on the most recent sale, this property traded at $167 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..