11848 SW 220 ST B, Palmetto Bay, FL 33170

Parcel: 3069130410020 · Residential · Condominium - Residential · Zoning: 0100

Assessed Value (2025)
$289,750

Property Details

Beds
3
Baths
2
Living Sqft
957
Year Built
2023
Stories
1
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$100non-market transfer
2023-01-09
2
$364,000
2023-12-20
BLUENEST HOMES 1 LLCRIGOBERTO LAINEZ MEJIA
3
$364,000
2024-01-09

Tax Assessment History

$289,750
Assessed (2025)
$289,750
Market Value
$289,750
Taxable Value
$5,899
Annual Tax
2024
$305,000
2025
$289,750
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $289,750 $289,750 $289,750 $5,899
2024 $305,000 $305,000 $305,000 $6,210

About 11848 SW 220 ST B, Palmetto Bay, FL 33170

11848 SW 220 ST B, Palmetto Bay, FL 33170 is a 3-bedroom, 2-bathroom residential - total value : condominium - residential built in 2023 with 957 square feet of living space. The property is currently owned by RIGOBERTO LAINEZ MEJIA IRIS YAMILETH PAZ, 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 2024-01-09 for $364,000. There are 3 recorded sales for this property. The 2025 assessed value is $289,750 with a market value of $289,750.

The assessed value decreased 5% from $305,000 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. There are active mortgage liens totaling $237,213 recorded against this property.

11848 SW 220 ST B, 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 2023 to 2024, with 3 recorded transactions in the public record.

The current assessed value represents 80% of the most recent sale price. Based on the most recent sale, this property traded at $380 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..

Current Owner

RIGOBERTO LAINEZ MEJIA IRIS YAMILETH PAZ
11848 SW 220 ST, MIAMI, FL, 33170
Since: 2026-04-19
View owner profile →

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$2,138 — $3,800
Flood $400 — $800
Property/Wind $1,738 — $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 11848

100%
Owner-Occ
0%
Investor
0
Flips (4yr)
0
New Biz (3yr)
Distress Risk
LOW
20
View full risk analysis →

Mortgages

ACTIVE
$243,500
~$237,213 bal.
BANKING MORTGAGE SERVICES · 2024-01-09
Est. Total Balance $237,213
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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