12642 SW 223 ST, Palmetto Bay, FL 33170

Parcel: 3069130210170 · Residential - Single Family · Residential · Zoning: 0100

Assessed Value (2025)
$418,752

Property Details

Beds
3
Baths
2
Living Sqft
1,424
Year Built
2002
Lot Sqft
6,254
Stories
1
RESIDENTIAL - SINGLE FAMILY : RESIDENTIAL - TOTAL VALUE

Sales History

1
N/Anon-market transfer
2003-10-01
2
$246,000
2015-05-01
YENNIS DURAN HOOKAH PLACE LLC
3
$100,000-59%
2020-05-22
HOOKAH PLACE LLCMIGUEL ANGEL ROMEU

Tax Assessment History

$418,752
Assessed (2025)
$421,550
Market Value
$418,752
Taxable Value
$8,525
Annual Tax
2024
$380,684
$405,375
2025
$418,752
$421,550
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $418,752 $421,550 $418,752 $8,525
2024 $380,684 $405,375 $380,684 $7,750

About 12642 SW 223 ST, Palmetto Bay, FL 33170

12642 SW 223 ST, Palmetto Bay, FL 33170 is a 3-bedroom, 2-bathroom residential - single family : residential - total value built in 2002 with 1,424 square feet of living space on a 6,254 square foot lot. The property is currently owned by MIGUEL ANGEL ROMEU YOLEIMI SILVERIO, 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 2020-05-22 for $100,000, when HOOKAH PLACE LLC sold to MIGUEL ANGEL ROMEU. The property sold for $146,000 less than the prior sale of $246,000 on 2015-05-01. There are 3 recorded sales for this property.

The 2025 assessed value is $418,752 with a market value of $421,550. This breaks down to $183,810 for the land and $237,740 for the building. The assessed value increased 10% from $380,684 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. 12642 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 2003 to 2020, with 3 recorded transactions in the public record. The current assessed value represents 419% 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 $70 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..

Current Owner

MIGUEL ANGEL ROMEU YOLEIMI SILVERIO
12642 SW 223 ST, MIAMI, FL, 33170
Since: 2026-04-19
View owner profile →

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$2,912 — $4,987
Flood $400 — $800
Property/Wind $2,512 — $4,187

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 12642

100%
Owner-Occ
0%
Investor
0
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
29
View full risk analysis →
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