12700 SW 216 ST, Palmetto Bay, FL 33170
Parcel: 3069140000021 · Educational/Scientific - Ex · Educational - Private · Zoning: 2100
Assessed Value (2025)
$3,710,990
Property Details
Living Sqft
23,987
Year Built
2024
Lot Sqft
87,120
Stories
1
EDUCATIONAL/SCIENTIFIC - EX : EDUCATIONAL - PRIVATE
Sales History
1
N/Anon-market transfer
2000-07-01
2
N/Anon-market transfer
2000-08-01
3
$600,000
2021-01-15
ASSOC FOR DEV OF THE EXPTL INC → MY ACADEMY PRESCHOOL AND
Tax Assessment History
$3,710,990
Assessed (2025)
$3,710,990
Market Value
$0
Taxable Value
2024
$550,000
$650,000
2025
$3,710,990
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $3,710,990 | $3,710,990 | $0 | — | $650,000 | $3,060,990 |
| 2024 | $550,000 | $650,000 | $550,000 | $11,198 | $650,000 | $0 |
About 12700 SW 216 ST, Palmetto Bay, FL 33170
12700 SW 216 ST, Palmetto Bay, FL 33170 is a educational/scientific - ex : educational - private built in 2024 with 23,987 square feet of living space on a 87,120 square foot lot. The property is currently owned by MY ACADEMY PRESCHOOL AND LEARNING CENTER II LLC, recorded as of 2026-04-19. The mailing address differs from the property address, suggesting this may be an investment property or rental.
The most recent sale was on 2021-01-15 for $600,000, when ASSOC FOR DEV OF THE EXPTL INC sold to MY ACADEMY PRESCHOOL AND. There are 3 recorded sales for this property. The 2025 assessed value is $3,710,990 with a market value of $3,710,990.
This breaks down to $650,000 for the land and $3,060,990 for the building. The assessed value increased 575% from $550,000 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 $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 $3,500,000 recorded against this property. 12700 SW 216 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 2000 to 2021, with 3 recorded transactions in the public record. The current assessed value represents 618% 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.
There are 2 active building permits on this property with a combined estimated cost of $915, indicating ongoing construction or renovation work. Based on the most recent sale, this property traded at $25 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..
Building Permits (23)
| Permit # | Type | Description | Status | Date | Cost |
|---|---|---|---|---|---|
| C2026039109 | electrical | A | $315 | ||
| C2026039082 | electrical | A | $600 | ||
| C2024105625 | electrical | F | — | ||
| C2024066130 | plumbing | F | $4,300 | ||
| W2024059609 | plumbing | F | — | ||
| C2024058790 | electrical | F | — | ||
| C2024048589 | building | F | $4,000 | ||
| C2024042882 | building | F | — | ||
| W2024047579 | plumbing | F | — | ||
| C2024036707 | fire | F | — | ||
| C2024033799 | electrical | F | — | ||
| C2024035687 | building | F | — | ||
| W2024032181 | mechanical | F | — | ||
| C2023179121 | electrical | F | — | ||
| C2023042235 | building | F | $3,000 |
Showing 15 of 23 permits
Current Owner
MY ACADEMY PRESCHOOL AND LEARNING CENTER II LLC
14850 SW 26 ST STE 210, MIAMI, FL, 33185
Since: 2026-04-19
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Flood Zone
Zone X
Minimal risk
Est. Annual Insurance
$22,665 — $37,909
Flood $400 — $800
Property/Wind $22,265 — $37,109
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 12700
100%
Owner-Occ
0%
Investor
1
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
30
Mortgages
ACTIVE
$3,500,000
EB 5 CHARTER SCHOOL REDEPLOYMENT FUND LLC · 2022-12-06
Est. Total Balance $3,500,000
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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