11720 SW 229 LN, Palmetto Bay, FL 33170

11720 SW 229 LN, Palmetto Bay, FL 33170 is a 4-bedroom, 2-bathroom residential - single family : 1 unit built in 2016 with 1,614 square feet of living space on a 6,367 square foot lot. The property is currently owned by DUVIEL HERNANDEZ LIBYSBERT PONCE, 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 2022-04-22 for $136,500, when DUVIEL HERNANDEZ CONCEPCION sold to DUVIEL HERNANDEZ. The property sold for $148,400 less than the prior sale of $284,900 on 2017-01-31. The 2025 assessed value is $263,278 with a market value of $456,612.

This breaks down to $178,276 for the land and $278,336 for the building. The assessed value increased 3% from $255,859 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 $42,718, and the median home value is $319,200.

The population density is 5,016 people per square mile. There are active mortgage liens totaling $309,940 recorded against this property. 11720 SW 229 LN, 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 2017 to 2022, with 2 recorded transactions in the public record. The current assessed value represents 193% 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 $85 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..