21960 SW 118 AVE, Palmetto Bay, FL 33170

Parcel: 3069130020170 · Residential - Single Family · 1 Unit · Zoning: 3150

Assessed Value (2025)
$257,910

Property Details

Beds
4
Baths
2
Living Sqft
1,664
Year Built
1972
Lot Sqft
7,500
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$23,700
1973-05-01
2
$435,000+1735%
2023-12-06
DORIS JACKSONJOHNATHAN DAVID HERNANDEZ
3
$435,000
2023-12-26

Tax Assessment History

$257,910
Assessed (2025)
$355,477
Market Value
$207,188
Taxable Value
$4,218
Annual Tax
2024
$250,642
$356,540
2025
$257,910
$355,477
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $257,910 $355,477 $207,188 $4,218
2024 $250,642 $356,540 $200,642 $4,085

About 21960 SW 118 AVE, Palmetto Bay, FL 33170

21960 SW 118 AVE, Palmetto Bay, FL 33170 is a 4-bedroom, 2-bathroom residential - single family : 1 unit built in 1972 with 1,664 square feet of living space on a 7,500 square foot lot. The property is currently owned by JOHNATHAN DAVID HERNANDEZ ZULEIDA AGULLO, 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 2023-12-26 for $435,000. There are 3 recorded sales for this property. The 2025 assessed value is $257,910 with a market value of $355,477.

This breaks down to $210,000 for the land and $145,477 for the building. The assessed value increased 3% from $250,642 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. There are active mortgage liens totaling $336,375 recorded against this property. 21960 SW 118 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 complete ownership history of this property spans from 1973 to 2023, with 3 recorded transactions in the public record. The current assessed value represents 59% 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 $261 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..

Building Permits (2)

Permit #TypeStatusCost
C2024047625 building F $13,725
W2023173065 building F

Current Owner

JOHNATHAN DAVID HERNANDEZ ZULEIDA AGULLO
11852 SW 185 TER, MIAMI, FL, 33177
Since: 2026-04-19
View owner profile →

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$2,979 — $5,442
Flood $400 — $800
Property/Wind $2,579 — $4,642

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 21960

100%
Owner-Occ
0%
Investor
0
Flips (4yr)
0
New Biz (3yr)
Distress Risk
LOW
19
View full risk analysis →

Mortgages

ACTIVE 5.75% rate
$348,000
~$336,375 bal.
EDUCATIONAL FEDERAL CREDIT UNION · 2023-12-26
Est. Total Balance $336,375
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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