11860 SW 221 ST, Palmetto Bay, FL 33170

Parcel: 3069130010160 · Residential - Single Family · 1 Unit · Zoning: 0100

Assessed Value (2025)
$205,565

Property Details

Beds
3
Baths
1
Living Sqft
1,523
Year Built
1946
Lot Sqft
10,500
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$104,900
2015-04-29
ROYAL CROWN DEV LLCSAIRA OTERO
2
$230,000+119%
2019-07-12
SAIRA OTEROALFREDO MEDEROS
3
$100,000-57%
2022-02-19
ALFREDO MEDEROS ALFREDO MEDEROS

Tax Assessment History

$205,565
Assessed (2025)
$424,901
Market Value
$154,843
Taxable Value
$3,152
Annual Tax
2024
$199,772
$416,471
2025
$205,565
$424,901
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $205,565 $424,901 $154,843 $3,152
2024 $199,772 $416,471 $149,772 $3,049

About 11860 SW 221 ST, Palmetto Bay, FL 33170

11860 SW 221 ST, Palmetto Bay, FL 33170 is a 3-bedroom, 1-bathroom residential - single family : 1 unit built in 1946 with 1,523 square feet of living space on a 10,500 square foot lot. The property is currently owned by ALFREDO MEDEROS JESSICA RODRIGUEZ MELENDEZ, recorded as of 2026-04-19. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2022-02-19 for $100,000, when ALFREDO MEDEROS sold to ALFREDO MEDEROS . The property sold for $130,000 less than the prior sale of $230,000 on 2019-07-12. There are 3 recorded sales for this property.

The 2025 assessed value is $205,565 with a market value of $424,901. This breaks down to $252,000 for the land and $172,901 for the building. The assessed value increased 3% from $199,772 in 2024.

The property has the following tax exemptions: homestead. 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. 11860 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 2015 to 2022, with 3 recorded transactions in the public record. The current assessed value represents 206% 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 $66 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..

Building Permits (1)

Permit #TypeStatusCost
W2025123634 building F

Current Owner

ALFREDO MEDEROS JESSICA RODRIGUEZ MELENDEZ
11860 SW 221 ST, MIAMI, FL, 33170
Since: 2026-04-19
View owner profile →

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$2,866 — $5,322
Flood $400 — $800
Property/Wind $2,466 — $4,522

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$42,718
Median Home Value$319,200
Pop. Density5,016/sq mi

Neighborhood 11860

100%
Owner-Occ
0%
Investor
0
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
32
View full risk analysis →
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