21948 SW 124 PL, Palmetto Bay, FL 33170

21948 SW 124 PL, Palmetto Bay, FL 33170 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1986 with 1,429 square feet of living space on a 10,585 square foot lot. The property is currently owned by NATALIE A LOACES DANIEL LOACES, 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 2012-08-07 for $137,000, when LUCASER HOLDINGS LLC sold to NATALIE A LOACES. The property has appreciated $66,500 (94%) since the prior sale of $70,500 on 2012-02-29. There are 3 recorded sales for this property.

The 2025 assessed value is $173,502 with a market value of $462,460. This breaks down to $253,190 for the land and $209,270 for the building. The assessed value increased 3% from $168,613 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 $80,306, and the median home value is $499,700. The population density is 1,254 people per square mile. 21948 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 2011 to 2012, with 3 recorded transactions in the public record. The current assessed value represents 127% 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 $96 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..