12756 SW 220 TER, Palmetto Bay, FL 33170

12756 SW 220 TER, Palmetto Bay, FL 33170 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 2002 with 1,603 square feet of living space on a 13,850 square foot lot. The property is currently owned by COLFIN AI FL 3 LLC, recorded as of 2026-03-29. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2014-02-11 for $182,200, when BRENDA A MENDEZ &H JULIO CABRERA sold to COLFIN AI FL 3 LLC. The property has appreciated $54,400 (43%) since the prior sale of $127,800 on 2002-07-01. The 2025 assessed value is $387,317 with a market value of $498,956.

This breaks down to $258,100 for the land and $240,856 for the building. The assessed value increased 11% from $350,468 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.

12756 SW 220 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 2002 to 2014, with 2 recorded transactions in the public record.

The current assessed value represents 213% 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 $114 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..