22062 SW 123 DR, Palmetto Bay, FL 33170

Parcel: 3069130290050 · Residential - Single Family · 1 Unit · Zoning: 0100

Assessed Value (2025)
$540,846

Property Details

Beds
4
Baths
2
Living Sqft
1,856
Year Built
2006
Lot Sqft
13,249
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$237,900
2006-08-01

Tax Assessment History

$540,846
Assessed (2025)
$656,207
Market Value
$490,124
Taxable Value
$9,979
Annual Tax
2024
$508,620
$615,804
2025
$540,846
$656,207
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $540,846 $656,207 $490,124 $9,979
2024 $508,620 $615,804 $508,620 $10,355

About 22062 SW 123 DR, Palmetto Bay, FL 33170

22062 SW 123 DR, Palmetto Bay, FL 33170 is a 4-bedroom, 2-bathroom residential - single family : 1 unit built in 2006 with 1,856 square feet of living space on a 13,249 square foot lot. The property is currently owned by LUIS F SOTO &W KATIUSKA, recorded as of 2026-03-29. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2006-08-01 for $237,900. The 2025 assessed value is $540,846 with a market value of $656,207. This breaks down to $290,486 for the land and $365,721 for the building.

The assessed value increased 6% from $508,620 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.

22062 SW 123 DR, 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 227% 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 $128 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..

Current Owner

LUIS F SOTO &W KATIUSKA
22062 SW 123 DR, MIAMI, FL, 33170-4406
Since: 2026-03-29
View owner profile →

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$3,645 — $6,208
Flood $400 — $800
Property/Wind $3,245 — $5,408

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 22062

100%
Owner-Occ
0%
Investor
0
Flips (4yr)
0
New Biz (3yr)
Distress Risk
LOW
8
View full risk analysis →
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