11950 SW 222 ST, Palmetto Bay, FL 33170

Parcel: 3069130060520 · Open Storage · Warehouse Or Storage · Zoning: 7100

Assessed Value (2025)
$2,231,879

Property Details

Living Sqft
43,681
Year Built
1950
Lot Sqft
157,500
Stories
1
OPEN STORAGE : WAREHOUSE OR STORAGE

Sales History

1
$265,000
1977-02-01
2
$689,200+160%
1993-03-01
3
$500,000-27%
1998-08-01

Tax Assessment History

$2,231,879
Assessed (2025)
$2,826,457
Market Value
$2,231,879
Taxable Value
$45,439
Annual Tax
2024
$2,028,981
$2,511,732
2025
$2,231,879
$2,826,457
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $2,231,879 $2,826,457 $2,231,879 $45,439
2024 $2,028,981 $2,511,732 $2,028,981 $41,308

About 11950 SW 222 ST, Palmetto Bay, FL 33170

11950 SW 222 ST, Palmetto Bay, FL 33170 is a open storage : warehouse or storage built in 1950 with 43,681 square feet of living space on a 157,500 square foot lot. The property is currently owned by CUTLER RIDGE HOLDING CORP, recorded as of 2026-03-29. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 1998-08-01 for $500,000. The property sold for $189,200 less than the prior sale of $689,200 on 1993-03-01. There are 3 recorded sales for this property.

The 2025 assessed value is $2,231,879 with a market value of $2,826,457. This breaks down to $2,205,000 for the land and $621,457 for the building. The assessed value increased 10% from $2,028,981 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. 11950 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 1977 to 1998, with 3 recorded transactions in the public record. The current assessed value represents 446% 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 $11 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..

Building Permits (4)

Permit #TypeStatusCost
N1993040657 electrical expired $1,200
N1993025942 electrical expired
C1993023565 building expired
N1992146107 electrical expired $800

Current Owner

CUTLER RIDGE HOLDING CORP
ABDOLSAMAD YADKOURI, MIAMI, FL, 33197
Since: 2026-03-29
View owner profile →

People Behind This Entity

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$27,182 — $49,901
Flood $400 — $800
Property/Wind $26,782 — $49,101

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 11950

100%
Owner-Occ
0%
Investor
4
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
30
View full risk analysis →
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