11960 SW 223 ST, Palmetto Bay, FL 33170

11960 SW 223 ST, Palmetto Bay, FL 33170 is a 6-bedroom, 2-bathroom municipal : municipal built in 2002 with 1,971 square feet of living space on a 15,000 square foot lot. The property is currently owned by HOUSING AUTHORITY OF CITY OF HOMESTEAD INC, 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 2000-04-01 for $240,000. The 2025 assessed value is $375,898 with a market value of $672,920. This breaks down to $450,000 for the land and $222,920 for the building.

The assessed value increased 10% from $341,726 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. 11960 SW 223 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 current assessed value represents 157% 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 $122 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..