22631 SW 124 CT, Palmetto Bay, FL 33170

Parcel: 3069130120070 · Residential - Single Family · 1 Unit · Zoning: 5700

Assessed Value (2025)
$165,105

Property Details

Beds
3
Baths
1
Living Sqft
1,940
Year Built
1972
Lot Sqft
10,044
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$75,000
2015-01-05
GENERATION MORTGAGE COMPANYBAYSHORE TRUST LLC
2
$91,000+21%
2015-01-08
BAYSHORE TRUST LLCAJBON INVESTMENTS LLC
3
$159,000+75%
2015-06-09
AJBON INVESTMENTS LLCJERRY VIRGIN

Tax Assessment History

$165,105
Assessed (2025)
$446,498
Market Value
$114,383
Taxable Value
$2,329
Annual Tax
2024
$160,452
$465,997
2025
$165,105
$446,498
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $165,105 $446,498 $114,383 $2,329
2024 $160,452 $465,997 $110,452 $2,249

About 22631 SW 124 CT, Palmetto Bay, FL 33170

22631 SW 124 CT, Palmetto Bay, FL 33170 is a 3-bedroom, 1-bathroom residential - single family : 1 unit built in 1972 with 1,940 square feet of living space on a 10,044 square foot lot. The property is currently owned by JERRY VIRGIN, 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 2015-06-09 for $159,000, when AJBON INVESTMENTS LLC sold to JERRY VIRGIN. The property has appreciated $68,000 (75%) since the prior sale of $91,000 on 2015-01-08. There are 3 recorded sales for this property.

The 2025 assessed value is $165,105 with a market value of $446,498. This breaks down to $263,160 for the land and $183,338 for the building. The assessed value increased 3% from $160,452 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 $80,306, and the median home value is $499,700. The population density is 1,254 people per square mile. There are active mortgage liens totaling $43,336 recorded against this property.

22631 SW 124 CT, 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 2015 to 2015, with 3 recorded transactions in the public record.

The current assessed value represents 104% of the most recent sale price. Based on the most recent sale, this property traded at $82 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..

Current Owner

JERRY VIRGIN
22631 SW 124 CT, MIAMI, FL, 33170
Since: 2026-03-29
View owner profile →

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$2,051 — $3,800
Flood $400 — $800
Property/Wind $1,651 — $3,000

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$80,306
Median Home Value$499,700
Pop. Density1,254/sq mi

Neighborhood 22631

100%
Owner-Occ
0%
Investor
0
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
26
View full risk analysis →

Mortgages

ACTIVE
$64,000
~$43,336 bal.
EDUCATIONAL CU · 2022-05-18
Est. Total Balance $43,336
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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