21850 SW 118 CT, Palmetto Bay, FL 33170

Parcel: 3069130020430 · Vacant Land - Commercial · Extra Fea Other Than Parking · Zoning: 6061

Assessed Value (2025)
$122,041

Sales History

1
$35,000
1995-03-01
2
$100non-market transfer
2015-03-25
MIGUEL VILLAR &W MERCEDES 21850 SW 118 CT LLC
3
$95,000
2021-08-02
21850 SW 118 CT LLCTESLA ELECTRIC AND APPLIANCE

Tax Assessment History

$122,041
Assessed (2025)
$180,066
Market Value
$122,041
Taxable Value
$2,485
Annual Tax
2024
$110,947
$180,108
2025
$122,041
$180,066
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $122,041 $180,066 $122,041 $2,485
2024 $110,947 $180,108 $110,947 $2,259

About 21850 SW 118 CT, Palmetto Bay, FL 33170

21850 SW 118 CT, Palmetto Bay, FL 33170 is a property. The property is currently owned by TESLA ELECTRIC AND APPLIANCE PARTS SUPPLY LLC, 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 2021-08-02 for $95,000, when 21850 SW 118 CT LLC sold to TESLA ELECTRIC AND APPLIANCE . The property has appreciated $94,900 (94900%) since the prior sale of $100 on 2015-03-25. There are 3 recorded sales for this property.

The 2025 assessed value is $122,041 with a market value of $180,066. This breaks down to $177,000 for the land and $3,066 for the building. The assessed value increased 10% from $110,947 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 CT, 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 1995 to 2021, with 3 recorded transactions in the public record. The current assessed value represents 128% of the most recent sale price. This high ratio could indicate the property was purchased below market value — a potential sign of a distressed sale or off-market deal..

Current Owner

TESLA ELECTRIC AND APPLIANCE PARTS SUPPLY LLC
18304 SW 153 PL, MIAMI, FL, 33187
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 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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