22800 SW 117 PATH, Palmetto Bay, FL 33170

Parcel: 3069130370010 · Residential - Single Family · 1 Unit · Zoning: 0102

Assessed Value (2025)
$257,885

Property Details

Beds
4
Baths
3
Living Sqft
2,145
Year Built
2019
Lot Sqft
5,053
Stories
2
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$341,000
2019-03-07
MOUNTAIN COVE HOMES ATINFINITY SOUTHLAND LLC
2
$500,000+47%
2022-04-28
INFINITY SOUTHLAND LLC JORGE GIOVANY VELASQUEZ

Tax Assessment History

$257,885
Assessed (2025)
$433,039
Market Value
$207,163
Taxable Value
$4,218
Annual Tax
2024
$250,618
$436,114
2025
$257,885
$433,039
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $257,885 $433,039 $207,163 $4,218
2024 $250,618 $436,114 $200,618 $4,084

About 22800 SW 117 PATH, Palmetto Bay, FL 33170

22800 SW 117 PATH, Palmetto Bay, FL 33170 is a 4-bedroom, 3-bathroom residential - single family : 1 unit built in 2019 with 2,145 square feet of living space on a 5,053 square foot lot. The property is currently owned by JORGE GIOVANY VELASQUEZ LORENA Y VELASQUEZ, 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 2022-04-28 for $500,000, when INFINITY SOUTHLAND LLC sold to JORGE GIOVANY VELASQUEZ. The property has appreciated $159,000 (47%) since the prior sale of $341,000 on 2019-03-07. The 2025 assessed value is $257,885 with a market value of $433,039.

This breaks down to $140,742 for the land and $292,297 for the building. The assessed value increased 3% from $250,618 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 $410,265 recorded against this property. 22800 SW 117 PATH, 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 2019 to 2022, with 2 recorded transactions in the public record. The current assessed value represents 52% of the most recent sale price.

This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase. Based on the most recent sale, this property traded at $233 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..

Current Owner

JORGE GIOVANY VELASQUEZ LORENA Y VELASQUEZ
22800 SW 117 PATH, MIAMI, FL, 33170
Since: 2026-04-19
View owner profile →

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$1,947 — $3,800
Flood $400 — $800
Property/Wind $1,547 — $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$42,718
Median Home Value$319,200
Pop. Density5,016/sq mi

Neighborhood 22800

100%
Owner-Occ
0%
Investor
0
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
31
View full risk analysis →

Mortgages

ACTIVE
$430,200
~$410,265 bal.
PARAMOUNT RESIDENTIAL MORTGAGE GROUP INC · 2022-05-12
Est. Total Balance $410,265
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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