12249 SW 230 ST, Palmetto Bay, FL 33170

12249 SW 230 ST, Palmetto Bay, FL 33170 is a 2-bedroom, 1-bathroom residential - single family : 1 unit built in 1960 with 880 square feet of living space on a 6,250 square foot lot. The property is currently owned by MHR GROUP LLC TRS LAND TRUST TR, 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 2015-08-27 for $68,100, when DAVID THIBODEAU sold to MHR GROUP LLC TRS. The property sold for $131,900 less than the prior sale of $200,000 on 2006-08-01. There are 3 recorded sales for this property.

The 2025 assessed value is $189,962 with a market value of $300,859. This breaks down to $175,000 for the land and $125,859 for the building. The assessed value increased 10% from $172,693 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. 12249 SW 230 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 2002 to 2015, with 3 recorded transactions in the public record. The current assessed value represents 279% 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 $77 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..