11761 SW 226 TER, Palmetto Bay, FL 33170

Parcel: 3069130030620 · Residential - Single Family · 1 Unit · Zoning: 9000

Assessed Value (2025)
$593,598

Property Details

Beds
4
Baths
2
Living Sqft
3,200
Year Built
2012
Lot Sqft
11,200
Stories
2
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$70,000
2010-08-05
INDYMAC VENTURE LLCRAMIRO BOCANEGRA
2
$495,000+607%
2022-07-11
LISSETTE BOCANEGRA DLR FUNDING LLC
3
$495,000
2022-07-14
4
$650,000+31%
2023-03-10
DLR FUNDING LLCLEONARDO CRUZ CARRASCO
5
$650,000
2023-03-15

Tax Assessment History

$593,598
Assessed (2025)
$593,598
Market Value
$593,598
Taxable Value
$12,085
Annual Tax
2024
$598,431
2025
$593,598
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $593,598 $593,598 $593,598 $12,085
2024 $598,431 $598,431 $598,431 $12,184

About 11761 SW 226 TER, Palmetto Bay, FL 33170

11761 SW 226 TER, Palmetto Bay, FL 33170 is a 4-bedroom, 2-bathroom residential - single family : 1 unit built in 2012 with 3,200 square feet of living space on a 11,200 square foot lot. The property is currently owned by LEONARDO CRUZ CARRASCO, recorded as of 2026-03-29. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2023-03-15 for $650,000. There are 5 recorded sales for this property. The 2025 assessed value is $593,598 with a market value of $593,598.

This breaks down to $168,300 for the land and $425,298 for the building. The assessed value decreased 1% from $598,431 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.

There are active mortgage liens totaling $595,551 recorded against this property. This property currently has 1 open code violation on record with miami_dade code enforcement. Open violations can affect property value and may need to be resolved before a sale can close.

11761 SW 226 TER, 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 2010 to 2023, with 5 recorded transactions in the public record.

The current assessed value represents 91% of the most recent sale price. Based on the most recent sale, this property traded at $203 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..

Building Permits (5)

Permit #TypeStatusCost
C2025137255 building F $1,900
C2025137064 building F $14,220
C2025146932 mechanical F
C2025146500 electrical F $1,600
C2005020330 building expired $239,200

Code Violations 1 open

20110142082 open
2011-01-20

Distress Signals

  • 1 open code violation

Current Owner

LEONARDO CRUZ CARRASCO
11761 SW 226 TER, MIAMI, FL, 33170
Since: 2026-03-29
View owner profile →

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$3,961 — $6,735
Flood $400 — $800
Property/Wind $3,561 — $5,935

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 11761

100%
Owner-Occ
0%
Investor
2
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
32
View full risk analysis →

Mortgages

ACTIVE
$617,500
~$595,551 bal.
READY MORTGAGE LENDERS LLC · 2023-03-15
1 satisfied mortgage
SATISFIED 2022-07-14
$390,000
5866 TRAVELERS WAY LLC
Est. Total Balance $595,551
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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