21920 SW 118 AVE, Palmetto Bay, FL 33170

Parcel: 3069130020180 · Residential - Single Family · 1 Unit · Zoning: 3150

Assessed Value (2025)
$180,941

Property Details

Beds
5
Baths
3
Living Sqft
2,256
Year Built
2015
Lot Sqft
7,000
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$3,000
2013-11-13
LPP MORTGAGE LTDMARIO ZALDIVAR
2
$2,000-33%
2014-05-22
CRAVEN FERGUSONMARIO ZALDIVAR
3
$189,900+9395%
2015-12-18
MARIO ZALDIVARMIGUEL LEDESMA PEREZ

Tax Assessment History

$180,941
Assessed (2025)
$298,671
Market Value
$130,219
Taxable Value
$2,651
Annual Tax
2024
$175,842
$271,955
2025
$180,941
$298,671
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $180,941 $298,671 $130,219 $2,651
2024 $175,842 $271,955 $125,842 $2,562

About 21920 SW 118 AVE, Palmetto Bay, FL 33170

21920 SW 118 AVE, Palmetto Bay, FL 33170 is a 5-bedroom, 3-bathroom residential - single family : 1 unit built in 2015 with 2,256 square feet of living space on a 7,000 square foot lot. The property is currently owned by MIGUEL LEDESMA PEREZ MIRTA PEREZ PALACIOS, 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 2015-12-18 for $189,900, when MARIO ZALDIVAR sold to MIGUEL LEDESMA PEREZ. The property has appreciated $187,900 (9395%) since the prior sale of $2,000 on 2014-05-22. There are 3 recorded sales for this property.

The 2025 assessed value is $180,941 with a market value of $298,671. This breaks down to $100 for the land and $298,571 for the building. The assessed value increased 3% from $175,842 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. 21920 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 2013 to 2015, with 3 recorded transactions in the public record. The current assessed value represents 95% of the most recent sale price.

Based on the most recent sale, this property traded at $84 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..

Current Owner

MIGUEL LEDESMA PEREZ MIRTA PEREZ PALACIOS
21920 SW 118 AVE, MIAMI, FL, 33170
Since: 2026-04-19
View owner profile →

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$1,900 — $3,800
Flood $400 — $800
Property/Wind $1,500 — $3,000

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 21920

100%
Owner-Occ
0%
Investor
0
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
21
View full risk analysis →
Zoom in to see property sales