22875 SW 123 AVE, Palmetto Bay, FL 33170

22875 SW 123 AVE, Palmetto Bay, FL 33170 is a 4-bedroom, 2-bathroom residential - single family : 1 unit built in 2007 with 1,684 square feet of living space on a 6,250 square foot lot. The property is currently owned by JORGE CERVANTES ALFONSO CARLOS EDUARDO ZAMORA FIGUERA, recorded as of 2026-04-19. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2019-05-09 for $312,500, when HERMAN E & GEORGETTE L KOCH & sold to JORGE CERVANTES ALFONSO. The property has appreciated $200,500 (179%) since the prior sale of $112,000 on 2007-01-01. There are 3 recorded sales for this property.

The 2025 assessed value is $288,534 with a market value of $455,881. This breaks down to $175,000 for the land and $280,881 for the building. The assessed value increased 3% from $280,403 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 $42,718, and the median home value is $319,200. The population density is 5,016 people per square mile. 22875 SW 123 AVE, 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 2006 to 2019, with 3 recorded transactions in the public record. The current assessed value represents 92% of the most recent sale price.

Based on the most recent sale, this property traded at $186 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..