21720 SW 118 AVE, Palmetto Bay, FL 33170

Parcel: 3069130020280 · Vacant Land - Commercial · Vacant Land · Zoning: 6061

Assessed Value (2025)
$189,750

Sales History

1
$147,875
2004-07-01
2
$1,500,000+914%
2023-02-09
RIVERA INVESTMENT LLCTHE SERVICE CLUB LLC
3
$2,500,000+67%
2023-02-09
THE SERVICE CLUB LLCMA DEVELOPMENTS OF FLORIDA LLC

Tax Assessment History

$189,750
Assessed (2025)
$207,000
Market Value
$189,750
Taxable Value
$3,863
Annual Tax
2024
$172,500
2025
$189,750
$207,000
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $189,750 $207,000 $189,750 $3,863
2024 $172,500 $172,500 $172,500 $3,512

About 21720 SW 118 AVE, Palmetto Bay, FL 33170

21720 SW 118 AVE, Palmetto Bay, FL 33170 is a property. The property is currently owned by MA DEVELOPMENTS OF FLORIDA 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 2023-02-09 for $1,500,000, when RIVERA INVESTMENT LLC sold to THE SERVICE CLUB LLC. The property sold for $1,000,000 less than the prior sale of $2,500,000 on 2023-02-09. There are 3 recorded sales for this property.

The 2025 assessed value is $189,750 with a market value of $207,000. The assessed value increased 10% from $172,500 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.

21720 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 2004 to 2023, with 3 recorded transactions in the public record.

The current assessed value represents 13% 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..

Current Owner

MA DEVELOPMENTS OF FLORIDA LLC
488 NE 18 ST APT 2315, MIAMI, FL, 33132
Since: 2026-03-29
View owner profile →

People Behind This Entity

Registered Agent: LANIADO ILLINGWORTH MARIA LUISA
View on Sunbiz →

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$2,297 — $4,215
Flood $400 — $800
Property/Wind $1,897 — $3,415

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 21720

100%
Owner-Occ
0%
Investor
0
Flips (4yr)
0
New Biz (3yr)
Distress Risk
LOW
15
View full risk analysis →
Zoom in to see property sales