11720 SW 221 ST, Palmetto Bay, FL 33170
Parcel: 3069130010360 · Multifamily 2-9 Units · 2 Living Units · Zoning: 0100
Assessed Value (2025)
$334,104
Property Details
Beds
4
Baths
2
Living Sqft
864
Year Built
1956
Lot Sqft
10,500
Stories
1
MULTIFAMILY 2-9 UNITS : 2 LIVING UNITS
Sales History
1
N/A
2022-12-22
2
$100non-market transfer
2023-04-27
WILLIAM C MITCHELL EST OF → ARA C MITCHELL TRS
3
$115,000
2023-06-16
ARA C MITCHELL TRS → YOUR DREAM HOME INVESTMENTS LLC
4
$115,000
2023-06-26
5
$280,000+143%
2023-06-30
YOUR DREAM HOME INVESTMENTS → 11720 LLC
6
$280,000
2023-07-12
Tax Assessment History
$334,104
Assessed (2025)
$334,104
Market Value
$334,104
Taxable Value
$6,802
Annual Tax
2024
$329,939
2025
$334,104
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $334,104 | $334,104 | $334,104 | $6,802 | $252,000 | $82,104 |
| 2024 | $329,939 | $329,939 | $329,939 | $6,717 | $252,000 | $77,939 |
About 11720 SW 221 ST, Palmetto Bay, FL 33170
11720 SW 221 ST, Palmetto Bay, FL 33170 is a 4-bedroom, 2-bathroom multifamily 2-9 units : 2 living units built in 1956 with 864 square feet of living space on a 10,500 square foot lot. The property is currently owned by 11720 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 2023-07-12 for $280,000. There are 6 recorded sales for this property. The 2025 assessed value is $334,104 with a market value of $334,104.
This breaks down to $252,000 for the land and $82,104 for the building. The assessed value increased 1% from $329,939 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 $280,000 recorded against this property. This property currently has 1 open code violation on record with miami_dade code enforcement. Open violations can affect property value and may need to be resolved before a sale can close.
11720 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 2022 to 2023, with 6 recorded transactions in the public record.
The current assessed value represents 119% of the most recent sale price. Based on the most recent sale, this property traded at $324 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..
Building Permits (4)
| Permit # | Type | Description | Status | Date | Cost |
|---|---|---|---|---|---|
| C2021022408 | building | expired | — | ||
| C2019098154 | plumbing | expired | — | ||
| C2019072852 | electrical | expired | — | ||
| C2018122818 | building | expired | $20,000 |
Code Violations 1 open
20180189177 open
2017-11-01
Distress Signals
- 1 open code violation
Flood Zone
Zone X
Minimal risk
Est. Annual Insurance
$4,409 — $8,150
Flood $400 — $800
Property/Wind $4,009 — $7,350
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 11720
100%
Owner-Occ
0%
Investor
636
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
33
Mortgages
ACTIVE
$280,000
0 BLACKPLATE LLC · 2023-07-12
Est. Total Balance $280,000
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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