21850 SW 118 AVE, Palmetto Bay, FL 33170

Parcel: 3069130020221 · Residential - Single Family · 1 Unit · Zoning: 3150

Assessed Value (2025)
$180,320

Property Details

Beds
2
Baths
1
Living Sqft
1,262
Year Built
1942
Lot Sqft
7,500
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
N/Anon-market transfer
1988-08-01
2
N/Anon-market transfer
2005-04-01

Tax Assessment History

$180,320
Assessed (2025)
$305,107
Market Value
$180,320
Taxable Value
$3,671
Annual Tax
2024
$163,928
$305,274
2025
$180,320
$305,107
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $180,320 $305,107 $180,320 $3,671
2024 $163,928 $305,274 $163,928 $3,337

About 21850 SW 118 AVE, Palmetto Bay, FL 33170

21850 SW 118 AVE, Palmetto Bay, FL 33170 is a 2-bedroom, 1-bathroom residential - single family : 1 unit built in 1942 with 1,262 square feet of living space on a 7,500 square foot lot. The property is currently owned by KELVIN J BURNES &W ELANA L, recorded as of 2026-03-29. The owner appears to be owner-occupied based on the mailing address matching the property address.

The 2025 assessed value is $180,320 with a market value of $305,107. This breaks down to $210,000 for the land and $95,107 for the building. The assessed value increased 10% from $163,928 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. 21850 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 1988 to 2005, with 2 recorded transactions in the public record. There is 1 active building permit on this property with a combined estimated cost of $750, indicating ongoing construction or renovation work..

Building Permits (1)

Permit #TypeStatusCost
C2022180236 building A $750

Current Owner

KELVIN J BURNES &W ELANA L
21850 SW 118 AVE, MIAMI, FL, 33170-2962
Since: 2026-03-29
View owner profile →

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$2,563 — $4,767
Flood $400 — $800
Property/Wind $2,163 — $3,967

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 21850

100%
Owner-Occ
0%
Investor
0
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
26
View full risk analysis →
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