22161 SW 123 DR, Palmetto Bay, FL 33170

22161 SW 123 DR, Palmetto Bay, FL 33170 is a 4-bedroom, 2-bathroom residential - single family : 1 unit built in 2006 with 1,665 square feet of living space on a 7,553 square foot lot. The property is currently owned by JOHN WEBB JR DOMINIQUE LEE, recorded as of 2026-04-19. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2018-02-28 for $275,500, when LUISA RAMOS sold to JOHN WEBB JR. The property has appreciated $275,400 (275400%) since the prior sale of $100 on 2010-12-08. There are 3 recorded sales for this property.

The 2025 assessed value is $388,864 with a market value of $472,299. This breaks down to $210,742 for the land and $261,557 for the building. The assessed value increased 3% from $377,905 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. There are active mortgage liens totaling $20,594 recorded against this property.

22161 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 complete ownership history of this property spans from 2006 to 2018, with 3 recorded transactions in the public record.

The current assessed value represents 141% 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 $165 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..