22111 SW 127 CT, Palmetto Bay, FL 33170

Parcel: 3069140090100 · Residential - Single Family · 1 Unit · Zoning: 2100

Assessed Value (2025)
$162,439

Property Details

Beds
3
Baths
2
Living Sqft
1,680
Year Built
2002
Lot Sqft
14,701
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$131,000
2002-10-01
2
$295,000+125%
2005-04-01
3
$355,000+20%
2006-09-01

Tax Assessment History

$162,439
Assessed (2025)
$510,668
Market Value
$111,717
Taxable Value
$2,274
Annual Tax
2024
$157,862
$486,966
2025
$162,439
$510,668
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $162,439 $510,668 $111,717 $2,274
2024 $157,862 $486,966 $107,862 $2,196

About 22111 SW 127 CT, Palmetto Bay, FL 33170

22111 SW 127 CT, Palmetto Bay, FL 33170 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 2002 with 1,680 square feet of living space on a 14,701 square foot lot. The property is currently owned by OSCAR A VELASQUEZ &W JASMINE M, 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 2006-09-01 for $355,000. The property has appreciated $60,000 (20%) since the prior sale of $295,000 on 2005-04-01. There are 3 recorded sales for this property.

The 2025 assessed value is $162,439 with a market value of $510,668. This breaks down to $263,206 for the land and $247,462 for the building. The assessed value increased 3% from $157,862 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. 22111 SW 127 CT, 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 2002 to 2006, with 3 recorded transactions in the public record. The current assessed value represents 46% 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. Based on the most recent sale, this property traded at $211 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..

Current Owner

OSCAR A VELASQUEZ &W JASMINE M
22111 SW 127 CT, MIAMI, FL, 33170-2653
Since: 2026-03-29
View owner profile →

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$1,900 — $3,800
Flood $400 — $800
Property/Wind $1,500 — $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 22111

100%
Owner-Occ
0%
Investor
0
Flips (4yr)
0
New Biz (3yr)
Distress Risk
LOW
20
View full risk analysis →
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