21978 SW 127 AVE, Palmetto Bay, FL 33170

Parcel: 3069140000010 · Residential - Single Family · 1 Unit · Zoning: 2100

Assessed Value (2025)
$299,063

Property Details

Beds
4
Baths
3
Living Sqft
2,064
Year Built
2004
Lot Sqft
16,509
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$246,904
2004-09-01
2
$45,000-82%
2004-09-01
3
$27,500-39%
2013-07-03
WILLIAM D MEJIA &WMARY M MEJIA

Tax Assessment History

$299,063
Assessed (2025)
$590,320
Market Value
$243,341
Taxable Value
$4,954
Annual Tax
2024
$286,353
$588,187
2025
$299,063
$590,320
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $299,063 $590,320 $243,341 $4,954
2024 $286,353 $588,187 $231,353 $4,710

About 21978 SW 127 AVE, Palmetto Bay, FL 33170

21978 SW 127 AVE, Palmetto Bay, FL 33170 is a 4-bedroom, 3-bathroom residential - single family : 1 unit built in 2004 with 2,064 square feet of living space on a 16,509 square foot lot. The property is currently owned by MARY M MEJIA, recorded as of 2026-03-29. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2013-07-03 for $27,500, when WILLIAM D MEJIA &W sold to MARY M MEJIA. The property sold for $219,404 less than the prior sale of $246,904 on 2004-09-01. There are 3 recorded sales for this property.

The 2025 assessed value is $299,063 with a market value of $590,320. This breaks down to $315,090 for the land and $275,230 for the building. The assessed value increased 4% from $286,353 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 $80,306, and the median home value is $499,700. The population density is 1,254 people per square mile. 21978 SW 127 AVE, 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 2004 to 2013, with 3 recorded transactions in the public record. The current assessed value represents 1088% 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 $13 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..

Current Owner

MARY M MEJIA
21978 SW 127 AVE, MIAMI, FL, 33170
Since: 2026-03-29
View owner profile →

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$2,194 — $3,800
Flood $400 — $800
Property/Wind $1,794 — $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$80,306
Median Home Value$499,700
Pop. Density1,254/sq mi

Neighborhood 21978

100%
Owner-Occ
0%
Investor
0
Flips (4yr)
0
New Biz (3yr)
Distress Risk
LOW
6
View full risk analysis →
Zoom in to see property sales