12840 SW 216 TER, Palmetto Bay, FL 33170
Parcel: 3069140050050 · Residential - Single Family · 1 Unit · Zoning: 2100
Assessed Value (2025)
$697,722
Property Details
Beds
5
Baths
3.5
Living Sqft
3,399
Year Built
1990
Lot Sqft
16,062
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT
Sales History
1
$224,900
1990-05-01
2
$10non-market transfer
2008-11-19
ROLAND D ELLIS &W MAYOLA T → ROLAND D ELLIS TRS
Tax Assessment History
$697,722
Assessed (2025)
$697,722
Market Value
$697,722
Taxable Value
$14,205
Annual Tax
2024
$655,922
$700,624
2025
$697,722
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $697,722 | $697,722 | $697,722 | $14,205 | $306,372 | $391,350 |
| 2024 | $655,922 | $700,624 | $655,922 | $13,354 | $306,372 | $394,252 |
About 12840 SW 216 TER, Palmetto Bay, FL 33170
12840 SW 216 TER, Palmetto Bay, FL 33170 is a 5-bedroom, 3.5-bathroom residential - single family : 1 unit built in 1990 with 3,399 square feet of living space on a 16,062 square foot lot. The property is currently owned by ELLIS TRUST ROLAND AND MAYOLA ELLIS, 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 2008-11-19 for $10, when ROLAND D ELLIS &W MAYOLA T sold to ROLAND D ELLIS TRS. The property sold for $224,890 less than the prior sale of $224,900 on 1990-05-01. The 2025 assessed value is $697,722 with a market value of $697,722.
This breaks down to $306,372 for the land and $391,350 for the building. The assessed value increased 6% from $655,922 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.
12840 SW 216 TER, 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 1990 to 2008, with 2 recorded transactions in the public record..
Building Permits (2)
| Permit # | Type | Description | Status | Date | Cost |
|---|---|---|---|---|---|
| S1990071894 | plumbing | expired | — | ||
| C1990067651 | building | expired | $14,500 |
Current Owner
ELLIS TRUST ROLAND AND MAYOLA ELLIS
12840 SW 216 TERR, MIAMI, FL, 33170
Since: 2026-04-19
View owner profile →
People Behind This Entity
Flood Zone
Zone X
Minimal risk
Est. Annual Insurance
$7,377 — $13,358
Flood $400 — $800
Property/Wind $6,977 — $12,558
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 12840
100%
Owner-Occ
0%
Investor
1
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
22
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