12421 SW 218 ST, Palmetto Bay, FL 33170

Parcel: 3069130280060 · Residential - Single Family · 1 Unit · Zoning: 0100

Assessed Value (2025)
$318,986

Property Details

Beds
4
Baths
2
Living Sqft
1,656
Year Built
2005
Lot Sqft
7,625
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$209,900
2005-12-01

Tax Assessment History

$318,986
Assessed (2025)
$466,426
Market Value
$318,986
Taxable Value
$6,494
Annual Tax
2024
$289,988
$433,064
2025
$318,986
$466,426
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $318,986 $466,426 $318,986 $6,494
2024 $289,988 $433,064 $289,988 $5,904

About 12421 SW 218 ST, Palmetto Bay, FL 33170

12421 SW 218 ST, Palmetto Bay, FL 33170 is a 4-bedroom, 2-bathroom residential - single family : 1 unit built in 2005 with 1,656 square feet of living space on a 7,625 square foot lot. The property is currently owned by JORGE JIMENEZ &W CLARA, 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 2005-12-01 for $209,900. The 2025 assessed value is $318,986 with a market value of $466,426. This breaks down to $211,750 for the land and $254,676 for the building.

The assessed value increased 10% from $289,988 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. 12421 SW 218 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 current assessed value represents 152% 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 $127 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..

Current Owner

JORGE JIMENEZ &W CLARA
478 B CLIFF ST, FAIRVIEW, NJ, 07022
Since: 2026-03-29
View owner profile →

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$2,313 — $3,989
Flood $400 — $800
Property/Wind $1,913 — $3,189

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 12421

100%
Owner-Occ
0%
Investor
1
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
32
View full risk analysis →
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