21950 SW 124 CT, Palmetto Bay, FL 33170

Parcel: 3069130170310 · Residential - Single Family · 1 Unit · Zoning: 0100

Assessed Value (2025)
$512,911

Property Details

Beds
5
Baths
4
Living Sqft
1,940
Year Built
1986
Lot Sqft
9,207
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$162,500
2021-06-03
LOURDES VILLADAMIGOFREA LLC
2
$220,000+35%
2021-06-03
FREA LLCAPEX RAPID LLC TRS
3
$515,000+134%
2021-09-28
APEX RAPID LLC TRSMARTINS GROUP HOME INC

Tax Assessment History

$512,911
Assessed (2025)
$512,911
Market Value
$512,911
Taxable Value
$10,442
Annual Tax
2024
$495,821
$502,291
2025
$512,911
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $512,911 $512,911 $512,911 $10,442
2024 $495,821 $502,291 $495,821 $10,095

About 21950 SW 124 CT, Palmetto Bay, FL 33170

21950 SW 124 CT, Palmetto Bay, FL 33170 is a 5-bedroom, 4-bathroom residential - single family : 1 unit built in 1986 with 1,940 square feet of living space on a 9,207 square foot lot. The property is currently owned by MARTINS GROUP HOME INC, 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 2021-09-28 for $515,000, when APEX RAPID LLC TRS sold to MARTINS GROUP HOME INC. The property has appreciated $352,500 (217%) since the prior sale of $162,500 on 2021-06-03. There are 3 recorded sales for this property.

The 2025 assessed value is $512,911 with a market value of $512,911. This breaks down to $233,898 for the land and $279,013 for the building. The assessed value increased 3% from $495,821 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. There are active mortgage liens totaling $352,100 recorded against this property. 21950 SW 124 CT, 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 2021 to 2021, with 3 recorded transactions in the public record. The current assessed value represents 100% of the most recent sale price.

There is 1 active building permit on this property with a combined estimated cost of $38,480, indicating ongoing construction or renovation work. Based on the most recent sale, this property traded at $265 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..

Building Permits (2)

Permit #TypeStatusCost
C2025104174 building A $38,480
C1993052531 building expired $3,600

Current Owner

MARTINS GROUP HOME INC
12550 SW 219 ST, MIAMI, FL, 33170
Since: 2026-03-29
View owner profile →

People Behind This Entity

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$5,529 — $10,032
Flood $400 — $800
Property/Wind $5,129 — $9,232

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$80,306
Median Home Value$499,700
Pop. Density1,254/sq mi

Neighborhood 21950

100%
Owner-Occ
0%
Investor
1
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
26
View full risk analysis →

Mortgages

ACTIVE
$352,100
0
E & B HOME INVESTMENTS LLC · 2021-10-20
Est. Total Balance $352,100
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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