11840 SW 221 ST, Palmetto Bay, FL 33170

Parcel: 3069130010180 · Residential - Single Family · 1 Unit · Zoning: 0100

Assessed Value (2025)
$162,630

Property Details

Beds
4
Baths
2
Living Sqft
1,283
Year Built
1949
Lot Sqft
10,500
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$100non-market transfer
2016-08-22
VASCO PARRISHVASCO PARRISH TRS
2
$490,000
2025-08-01
VASCO PARRISH TRSLEONARDO ESCALONA
3
$490,000
2025-11-10

Tax Assessment History

$162,630
Assessed (2025)
$375,452
Market Value
$162,630
Taxable Value
$3,311
Annual Tax
2024
$147,846
$368,852
2025
$162,630
$375,452
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $162,630 $375,452 $162,630 $3,311
2024 $147,846 $368,852 $147,846 $3,010

About 11840 SW 221 ST, Palmetto Bay, FL 33170

11840 SW 221 ST, Palmetto Bay, FL 33170 is a 4-bedroom, 2-bathroom residential - single family : 1 unit built in 1949 with 1,283 square feet of living space on a 10,500 square foot lot. The property is currently owned by LEONARDO ECHEVARRIA ESCALONA DANAY D L C RODRIGUEZ MEJIAS, 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 2025-11-10 for $490,000. There are 3 recorded sales for this property. The 2025 assessed value is $162,630 with a market value of $375,452.

This breaks down to $252,000 for the land and $123,452 for the building. The assessed value increased 10% from $147,846 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.

There are active mortgage liens totaling $478,295 recorded against this property. 11840 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 2025, with 3 recorded transactions in the public record. The current assessed value represents 33% 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 $382 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..

Building Permits (1)

Permit #TypeStatusCost
C1993018177 building expired $15,000

Current Owner

LEONARDO ECHEVARRIA ESCALONA DANAY D L C RODRIGUEZ MEJIAS
11800 SW 224 ST, MIAMI, FL, 33170
Since: 2026-04-19
View owner profile →

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$2,351 — $4,377
Flood $400 — $800
Property/Wind $1,951 — $3,577

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 11840

100%
Owner-Occ
0%
Investor
1
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
34
View full risk analysis →

Mortgages

ACTIVE
$481,124
~$478,295 bal.
PARAMOUNT RESIDENTIAL MORTGAGE GROUP INC · 2025-11-10
Est. Total Balance $478,295
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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