12490 SW 224 ST, Palmetto Bay, FL 33170

12490 SW 224 ST, Palmetto Bay, FL 33170 is a 2-bedroom, 1-bathroom residential - single family : 1 unit built in 1921 with 1,184 square feet of living space on a 8,057 square foot lot. The property is currently owned by LISBETH D INFANTE TORRES ISDEL M INFANTE MARRERO, 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 2024-12-18 for $465,000. The 2025 assessed value is $322,302 with a market value of $322,302. This breaks down to $217,798 for the land and $104,504 for the building.

The assessed value increased 4% from $310,766 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 $449,495 recorded against this property.

12490 SW 224 ST, 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 2024 to 2024, with 2 recorded transactions in the public record.

The current assessed value represents 69% 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. There is 1 active building permit on this property with a combined estimated cost of $4,500, indicating ongoing construction or renovation work.

Based on the most recent sale, this property traded at $393 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..