12216 SW 220 ST, Palmetto Bay, FL 33170
Parcel: 3069130320040 · Vacant Residential · Vacant Land · Zoning: 5700
Assessed Value (2025)
$83,187
Sales History
1
$20,100
2022-12-12
2
$56,000+179%
2025-05-08
NAJEEB IQBAL TRS → URBAN REAL ESTATE MANAGEMENT LLC
3
$56,000
2025-05-15
4
$103,500+85%
2025-12-03
URBAN REAL ESTATE MANAGEMENT LLC → BASLEQ INVESTMENT GROUP LLC
5
$103,500
2025-12-31
6
$41,600-60%
2026-01-15
BASLEQ INVESTMENT GROUP LLC → BASLEQ INVESTMENT GROUP LLC
7
$31,200-25%
2026-01-20
Tax Assessment History
$83,187
Assessed (2025)
$91,000
Market Value
$83,187
Taxable Value
$1,694
Annual Tax
2024
$75,625
$87,500
2025
$83,187
$91,000
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $83,187 | $91,000 | $83,187 | $1,694 | $91,000 | $0 |
| 2024 | $75,625 | $87,500 | $75,625 | $1,540 | $87,500 | $0 |
About 12216 SW 220 ST, Palmetto Bay, FL 33170
12216 SW 220 ST, Palmetto Bay, FL 33170 is a property. The property is currently owned by BASLEQ INVESTMENT GROUP LLC RETIS INVESTMENTS LLC, 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 2026-01-20 for $31,200. The property sold for $10,400 less than the prior sale of $41,600 on 2026-01-15. There are 7 recorded sales for this property.
The 2025 assessed value is $83,187 with a market value of $91,000. The assessed value increased 10% from $75,625 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 $60,000 recorded against this property. There are 2 total code violations on record for this property, including 2 that have been resolved. 12216 SW 220 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 2022 to 2026, with 7 recorded transactions in the public record. The current assessed value represents 267% 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..
Code Violations
202102003555 lien
Junk/Trash/Overgrowth on Unimproved/Improved Prop
201702005399 lien
Junk/Trash/Overgrowth on Unimproved/Improved Prop
Current Owner
BASLEQ INVESTMENT GROUP LLC RETIS INVESTMENTS LLC
1001 BRICKELL BAY DR 2077 B-6, MIAMI, FL, 33131
Since: 2026-04-19
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Flood Zone
Zone X
Minimal risk
Est. Annual Insurance
$1,900 — $3,800
Flood $400 — $800
Property/Wind $1,500 — $3,000
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 12216
100%
Owner-Occ
0%
Investor
2
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
33
Mortgages
ACTIVE
$60,000
LEALIE P VASQUEZ · 2025-05-15
Est. Total Balance $60,000
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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