12002 SW 220 ST, Palmetto Bay, FL 33170

Parcel: 3069130060135 · Store · Retail Outlet · Zoning: 6100

Assessed Value (2025)
$449,198

Property Details

Living Sqft
3,252
Year Built
1959
Lot Sqft
17,857
Stories
1
STORE : RETAIL OUTLET

Sales History

1
$100non-market transfer
2016-08-22
VASCO PARRISH VASCO PARRISH TRS
2
$375,000
2018-12-10
VASCO PARRISH TRSWILLIE JAMES SMITH TRS

Tax Assessment History

$449,198
Assessed (2025)
$704,378
Market Value
$449,198
Taxable Value
$9,145
Annual Tax
2024
$408,362
$615,093
2025
$449,198
$704,378
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $449,198 $704,378 $449,198 $9,145
2024 $408,362 $615,093 $408,362 $8,314

About 12002 SW 220 ST, Palmetto Bay, FL 33170

12002 SW 220 ST, Palmetto Bay, FL 33170 is a store : retail outlet built in 1959 with 3,252 square feet of living space on a 17,857 square foot lot. The property is currently owned by WILLIE JAMES SMITH TRS WJS FAMILY LAND TRUST, 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 2018-12-10 for $375,000, when VASCO PARRISH TRS sold to WILLIE JAMES SMITH TRS. The property has appreciated $374,900 (374900%) since the prior sale of $100 on 2016-08-22. The 2025 assessed value is $449,198 with a market value of $704,378.

This breaks down to $535,710 for the land and $168,668 for the building. The assessed value increased 10% from $408,362 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 $80,306, and the median home value is $499,700. The population density is 1,254 people per square mile.

12002 SW 220 ST, 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 2016 to 2018, with 2 recorded transactions in the public record.

The current assessed value represents 120% of the most recent sale price. Based on the most recent sale, this property traded at $115 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..

Current Owner

WILLIE JAMES SMITH TRS WJS FAMILY LAND TRUST
11965 SW 213 ST, MIAMI, FL, 33177
Since: 2026-04-19
View owner profile →

People Behind This Entity

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$5,790 — $10,682
Flood $400 — $800
Property/Wind $5,390 — $9,882

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$80,306
Median Home Value$499,700
Pop. Density1,254/sq mi

Neighborhood 12002

100%
Owner-Occ
0%
Investor
2
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
36
View full risk analysis →
Zoom in to see property sales