22720 SW 124 CT, Palmetto Bay, FL 33170

Parcel: 3069130120140 · Multifamily 2-9 Units · 2 Living Units · Zoning: 5700

Assessed Value (2025)
$436,195

Property Details

Beds
4
Baths
2
Living Sqft
1,512
Year Built
1971
Lot Sqft
10,044
Stories
1
MULTIFAMILY 2-9 UNITS : 2 LIVING UNITS

Sales History

1
$137,500
2004-01-01
2
$280,000+104%
2019-10-31
STEVEN VAN RYNFRANK SILVA
3
$100non-market transfer
2023-02-02
FRANK SILVAPROPERTY DUPLEX 22720 SW LLC
4
N/A
2023-02-06

Tax Assessment History

$436,195
Assessed (2025)
$459,011
Market Value
$436,195
Taxable Value
$8,881
Annual Tax
2024
$396,541
2025
$436,195
$459,011
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $436,195 $459,011 $436,195 $8,881
2024 $396,541 $396,541 $396,541 $8,073

About 22720 SW 124 CT, Palmetto Bay, FL 33170

22720 SW 124 CT, Palmetto Bay, FL 33170 is a 4-bedroom, 2-bathroom multifamily 2-9 units : 2 living units built in 1971 with 1,512 square feet of living space on a 10,044 square foot lot. The property is currently owned by PROPERTY DUPLEX 22720 SW LLC, recorded as of 2026-03-29. The mailing address differs from the property address, suggesting this may be an investment property or rental.

There are 4 recorded sales for this property. The 2025 assessed value is $436,195 with a market value of $459,011. This breaks down to $263,160 for the land and $195,851 for the building.

The assessed value increased 10% from $396,541 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 $80,306, and the median home value is $499,700. The population density is 1,254 people per square mile. 22720 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 2004 to 2023, with 4 recorded transactions in the public record..

Current Owner

PROPERTY DUPLEX 22720 SW LLC
131 NW 30 AVE, MIAMI, FL, 33125
Since: 2026-03-29
View owner profile →

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$4,761 — $8,651
Flood $400 — $800
Property/Wind $4,361 — $7,851

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 22720

100%
Owner-Occ
0%
Investor
0
Flips (4yr)
0
New Biz (3yr)
Distress Risk
LOW
19
View full risk analysis →
Zoom in to see property sales