21938 SW 124 PL, Palmetto Bay, FL 33170

21938 SW 124 PL, Palmetto Bay, FL 33170 is a 4-bedroom, 2-bathroom residential - single family : 1 unit built in 1985 with 1,820 square feet of living space on a 10,607 square foot lot. The property is currently owned by RK HELICOPTEROS 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 2019-07-12 for $147,100, when THE BANK OF NEW YORK MELLON sold to BLACK STONE INVESTMENT TRUST. The property has appreciated $147,000 (147000%) since the prior sale of $100 on 2019-02-19. There are 3 recorded sales for this property.

The 2025 assessed value is $395,198 with a market value of $473,559. This breaks down to $253,498 for the land and $220,061 for the building. The assessed value increased 10% from $359,271 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. This property currently has 1 open code violation on record with miami_dade code enforcement. Open violations can affect property value and may need to be resolved before a sale can close.

21938 SW 124 PL, 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 2013 to 2019, with 3 recorded transactions in the public record.

The current assessed value represents 269% of the most recent sale price. This high ratio could indicate the property was purchased below market value — a potential sign of a distressed sale or off-market deal. Based on the most recent sale, this property traded at $81 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..