11820 SW 223 ST, Palmetto Bay, FL 33170

11820 SW 223 ST, Palmetto Bay, FL 33170 is a 2-bedroom, 1-bathroom residential - single family : 1 unit built in 1960 with 920 square feet of living space on a 9,130 square foot lot. The property is currently owned by 5420 OCEAN DR INVESTMENTS LLC, recorded as of 2026-03-29. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2025-12-30 for $300,000. There are 4 recorded sales for this property. The 2025 assessed value is $100,630 with a market value of $321,519.

This breaks down to $232,820 for the land and $88,699 for the building. The assessed value increased 3% from $97,794 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. 11820 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 complete ownership history of this property spans from 2002 to 2025, with 4 recorded transactions in the public record. The current assessed value represents 34% of the most recent sale price. This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase.

Based on the most recent sale, this property traded at $326 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..