12050 SW 220 ST, Palmetto Bay, FL 33170

Parcel: 3069130060142 · Residential - Single Family · 1 Unit · Zoning: 5700

Assessed Value (2025)
$361,006

Property Details

Beds
4
Baths
2
Living Sqft
1,464
Year Built
2006
Lot Sqft
5,830
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$100non-market transfer
2009-01-26
DEUTSCHE BANK NATL TRUST CO TRSDEUTSCHE BNK NATL TRUST CO TRS
2
$101,650
2009-02-25
DEUTSCHE BNK NATL TRUST CO TRSGIOVANNY NEGRON
3
$500,000+392%
2024-04-18
GIOVANNY NEGRONWILLIAM REYES GARCIA
4
$500,000
2024-04-22

Tax Assessment History

$361,006
Assessed (2025)
$361,006
Market Value
$310,284
Taxable Value
$6,317
Annual Tax
2024
$253,410
$351,610
2025
$361,006
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $361,006 $361,006 $310,284 $6,317
2024 $253,410 $351,610 $253,410 $5,159

About 12050 SW 220 ST, Palmetto Bay, FL 33170

12050 SW 220 ST, Palmetto Bay, FL 33170 is a 4-bedroom, 2-bathroom residential - single family : 1 unit built in 2006 with 1,464 square feet of living space on a 5,830 square foot lot. The property is currently owned by WILLIAM REYES GARCIA, 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 2024-04-22 for $500,000. There are 4 recorded sales for this property. The 2025 assessed value is $361,006 with a market value of $361,006.

This breaks down to $174,900 for the land and $186,106 for the building. The assessed value increased 42% from $253,410 in 2024. The property has the following tax exemptions: homestead.

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. There are active mortgage liens totaling $479,754 recorded against this property. 12050 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 2009 to 2024, with 4 recorded transactions in the public record. The current assessed value represents 72% of the most recent sale price.

Based on the most recent sale, this property traded at $342 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..

Building Permits (1)

Permit #TypeStatusCost
W2025175932 building F

Current Owner

WILLIAM REYES GARCIA
12050 SW 220 ST, MIAMI, FL, 33170
Since: 2026-03-29
View owner profile →

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$2,566 — $4,410
Flood $400 — $800
Property/Wind $2,166 — $3,610

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 12050

100%
Owner-Occ
0%
Investor
0
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
31
View full risk analysis →

Mortgages

ACTIVE
$490,943
~$479,754 bal.
FLAGSTAR BANK NA · 2024-04-22
Est. Total Balance $479,754
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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