11785 SW 223 ST, Palmetto Bay, FL 33170

11785 SW 223 ST, Palmetto Bay, FL 33170 is a 6-bedroom, 4-bathroom multifamily 2-9 units : multifamily 3 or more units built in 1956 with 2,250 square feet of living space on a 7,500 square foot lot. The property is currently owned by VMRF INVESTMENTS CORP, 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 2024-01-25 for $565,000. There are 4 recorded sales for this property. The 2025 assessed value is $505,784 with a market value of $505,784.

This breaks down to $262,500 for the land and $243,284 for the building. The assessed value increased 19% from $425,722 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.

There are active mortgage liens totaling $577,505 recorded against this property. 11785 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 2020 to 2024, with 4 recorded transactions in the public record. The current assessed value represents 90% of the most recent sale price. Based on the most recent sale, this property traded at $251 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..