11995 SW 222 ST, Palmetto Bay, FL 33170

Parcel: 3069130060270 · Automotive Or Marine · Automotive Or Marine · Zoning: 6600

Assessed Value (2025)
$2,695,114

Property Details

Baths
3
Living Sqft
29,773
Year Built
1981
Lot Sqft
95,826
Stories
1
AUTOMOTIVE OR MARINE : AUTOMOTIVE OR MARINE

Sales History

1
$1,245,900
2009-11-17
MOTORSPORTS OF MIA LLCMOTORSPORTS OF ORLANDO LLC
2
$1,500,000+20%
2009-12-31
MOTORSPORTS OF ORLANDO LLCRIVA MOTORSPORTS MIAMI INC

Tax Assessment History

$2,695,114
Assessed (2025)
$3,652,617
Market Value
$2,695,114
Taxable Value
$54,870
Annual Tax
2024
$2,450,104
$3,652,617
2025
$2,695,114
$3,652,617
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $2,695,114 $3,652,617 $2,695,114 $54,870
2024 $2,450,104 $3,652,617 $2,450,104 $49,882

About 11995 SW 222 ST, Palmetto Bay, FL 33170

11995 SW 222 ST, Palmetto Bay, FL 33170 is a automotive or marine : automotive or marine built in 1981 with 29,773 square feet of living space on a 95,826 square foot lot. The property is currently owned by RIVA MOTORSPORTS MIAMI INC, 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 2009-12-31 for $1,500,000, when MOTORSPORTS OF ORLANDO LLC sold to RIVA MOTORSPORTS MIAMI INC. The property has appreciated $254,100 (20%) since the prior sale of $1,245,900 on 2009-11-17. The 2025 assessed value is $2,695,114 with a market value of $3,652,617.

This breaks down to $2,395,650 for the land and $1,256,967 for the building. The assessed value increased 10% from $2,450,104 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.

11995 SW 222 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 2009, with 2 recorded transactions in the public record.

The current assessed value represents 180% 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. Based on the most recent sale, this property traded at $50 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..

Building Permits (4)

Permit #TypeStatusCost
N1993009474 building expired $3,000
C1992148227 building expired $30,000
N1992074897 building expired $3,600
S1991141893 mechanical expired

Current Owner

RIVA MOTORSPORTS MIAMI INC
11995 SW 222 ST, MIAMI, FL, 33170
Since: 2026-03-29
View owner profile →

People Behind This Entity

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$27,351 — $49,312
Flood $400 — $800
Property/Wind $26,951 — $48,512

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 11995

100%
Owner-Occ
0%
Investor
0
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
25
View full risk analysis →
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