11731 SW 223 ST, Palmetto Bay, FL 33170
Parcel: 3069130130470 · Multifamily 2-9 Units · Multifamily 3 Or More Units · Zoning: 3700
Assessed Value (2025)
$475,422
Property Details
Beds
6
Baths
4
Living Sqft
2,250
Year Built
1961
Lot Sqft
9,975
Stories
1
MULTIFAMILY 2-9 UNITS : MULTIFAMILY 3 OR MORE UNITS
Sales History
1
$270,000
2019-05-08
CONCESSION MANAGEMENT LLC → CORE INTERNATIONAL REALTY INC
2
$410,000+52%
2019-08-07
CORE INTERNATIONAL REALTY INC → PALMAT INVESTMENT LLC
3
$595,000+45%
2023-10-30
PALMAT INVESTMENT LLC → ROBERT EARL HILL II
4
$595,000
2023-11-27
Tax Assessment History
$475,422
Assessed (2025)
$475,422
Market Value
$475,422
Taxable Value
$9,679
Annual Tax
2024
$475,422
2025
$475,422
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $475,422 | $475,422 | $475,422 | $9,679 | $349,125 | $126,297 |
| 2024 | $475,422 | $475,422 | $475,422 | $9,679 | $279,300 | $196,122 |
About 11731 SW 223 ST, Palmetto Bay, FL 33170
11731 SW 223 ST, Palmetto Bay, FL 33170 is a 6-bedroom, 4-bathroom multifamily 2-9 units : multifamily 3 or more units built in 1961 with 2,250 square feet of living space on a 9,975 square foot lot. The property is currently owned by ROBERT EARL HILL II JONATHAN PARTRIDGE JR, recorded as of 2026-04-19. The owner appears to be owner-occupied based on the mailing address matching the property address.
The most recent sale was on 2023-11-27 for $595,000. There are 4 recorded sales for this property. The 2025 assessed value is $475,422 with a market value of $475,422.
This breaks down to $349,125 for the land and $126,297 for the building. 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 $433,860 recorded against this property.
11731 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 2019 to 2023, with 4 recorded transactions in the public record.
The current assessed value represents 80% of the most recent sale price. Based on the most recent sale, this property traded at $264 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..
Building Permits (1)
| Permit # | Type | Description | Status | Date | Cost |
|---|---|---|---|---|---|
| C2023087025 | electrical | F | $1,000 |
Current Owner
ROBERT EARL HILL II JONATHAN PARTRIDGE JR
11731 SW 223 ST, MIAMI, FL, 33170
Since: 2026-04-19
View owner profile →
Flood Zone
Zone X
Minimal risk
Est. Annual Insurance
$6,105 — $11,259
Flood $400 — $800
Property/Wind $5,705 — $10,459
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$42,718
Median Home Value$319,200
Pop. Density5,016/sq mi
Neighborhood 11731
100%
Owner-Occ
0%
Investor
103
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
32
Mortgages
ACTIVE
$446,250
PARAMOUNT RESIDENTIAL MORTGAGE GROUP INC · 2023-11-27
Est. Total Balance $433,860
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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