12183 SW 220 ST 1, Palmetto Bay, FL 33170

Parcel: 3069130430010 · Residential · Condominium - Residential · Zoning: 5700

Assessed Value (2025)
$310,000

Property Details

Beds
3
Baths
2.5
Living Sqft
1,272
Year Built
2024
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$394,000
2025-03-14
BLUENEST HOMES INCJIMY ROLLON FERRERA
2
$394,000
2025-03-21

Tax Assessment History

$310,000
Assessed (2025)
$310,000
Market Value
$310,000
Taxable Value
$6,311
Annual Tax
2024
$66,975
2025
$310,000
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $310,000 $310,000 $310,000 $6,311
2024 $66,975 $66,975 $66,975 $1,364

About 12183 SW 220 ST 1, Palmetto Bay, FL 33170

12183 SW 220 ST 1, Palmetto Bay, FL 33170 is a 3-bedroom, 2.5-bathroom residential - total value : condominium - residential built in 2024 with 1,272 square feet of living space. The property is currently owned by JIMY ROLLON FERRERA, 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 2025-03-21 for $394,000. The 2025 assessed value is $310,000 with a market value of $310,000. The assessed value increased 363% from $66,975 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 $369,536 recorded against this property. 12183 SW 220 ST 1, 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 2025 to 2025, with 2 recorded transactions in the public record. The current assessed value represents 79% of the most recent sale price.

Based on the most recent sale, this property traded at $310 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..

Current Owner

JIMY ROLLON FERRERA
12183 SW 220 ST UNIT 1, MIAMI, FL, 33170
Since: 2026-03-29
View owner profile →

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$2,260 — $3,900
Flood $400 — $800
Property/Wind $1,860 — $3,100

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 12183

100%
Owner-Occ
0%
Investor
0
Flips (4yr)
0
New Biz (3yr)
Distress Risk
LOW
17
View full risk analysis →

Mortgages

ACTIVE
$374,300
~$369,536 bal.
STANDARD MORTGAGE CAPITAL LLC · 2025-03-21
Est. Total Balance $369,536
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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