11831 SW 228 LN, Palmetto Bay, FL 33170

Parcel: 3069130360100 · Residential - Single Family · 1 Unit · Zoning: 0102

Assessed Value (2025)
$423,125

Property Details

Beds
4
Baths
3
Living Sqft
1,831
Year Built
2017
Lot Sqft
5,005
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$100non-market transfer
2017-10-24
KARINA LILY FAMADAJACINTO S SARDINAS
2
N/Anon-market transfer
2022-05-12
3
$232,500
2022-07-01
LILIA MORRAZLILIA C MORRAZ

Tax Assessment History

$423,125
Assessed (2025)
$423,125
Market Value
$423,125
Taxable Value
$8,614
Annual Tax
2024
$426,169
2025
$423,125
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $423,125 $423,125 $423,125 $8,614
2024 $426,169 $426,169 $426,169 $8,676

About 11831 SW 228 LN, Palmetto Bay, FL 33170

11831 SW 228 LN, Palmetto Bay, FL 33170 is a 4-bedroom, 3-bathroom residential - single family : 1 unit built in 2017 with 1,831 square feet of living space on a 5,005 square foot lot. The property is currently owned by LILIA C MORRAZ, 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 2022-07-01 for $232,500, when LILIA MORRAZ sold to LILIA C MORRAZ. There are 3 recorded sales for this property. The 2025 assessed value is $423,125 with a market value of $423,125.

This breaks down to $140,070 for the land and $283,055 for the building. The assessed value decreased 1% from $426,169 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 $42,718, and the median home value is $319,200. The population density is 5,016 people per square mile.

11831 SW 228 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 3 recorded transactions in the public record.

The current assessed value represents 182% 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

LILIA C MORRAZ
23101 SW 120 AVE, MIAMI, FL, 33170
Since: 2026-03-29
View owner profile →

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$2,938 — $5,031
Flood $400 — $800
Property/Wind $2,538 — $4,231

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$42,718
Median Home Value$319,200
Pop. Density5,016/sq mi

Neighborhood 11831

100%
Owner-Occ
0%
Investor
2
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
33
View full risk analysis →
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