21987 SW 131 PL, Palmetto Bay, FL 33170

Parcel: 3069140111000 · Residential - Single Family · Residential · Zoning: 2100

Assessed Value (2025)
$306,031

Property Details

Beds
4
Baths
2
Living Sqft
2,095
Year Built
2007
Lot Sqft
17,080
Stories
1
RESIDENTIAL - SINGLE FAMILY : RESIDENTIAL - TOTAL VALUE

Sales History

1
$1,020,000
2010-06-09
ESTATE HOMES INCLAND BARON II LLC
2
$257,000-75%
2010-10-08
LAND BARON II LLCLUKE L LOVE

Tax Assessment History

$306,031
Assessed (2025)
$719,296
Market Value
$255,309
Taxable Value
$5,198
Annual Tax
2024
$297,407
$688,165
2025
$306,031
$719,296
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $306,031 $719,296 $255,309 $5,198
2024 $297,407 $688,165 $247,407 $5,037

About 21987 SW 131 PL, Palmetto Bay, FL 33170

21987 SW 131 PL, Palmetto Bay, FL 33170 is a 4-bedroom, 2-bathroom residential - single family : residential - total value built in 2007 with 2,095 square feet of living space on a 17,080 square foot lot. The property is currently owned by LUKE L LOVE, 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 2010-10-08 for $257,000, when LAND BARON II LLC sold to LUKE L LOVE. The property sold for $763,000 less than the prior sale of $1,020,000 on 2010-06-09. The 2025 assessed value is $306,031 with a market value of $719,296.

This breaks down to $320,800 for the land and $398,496 for the building. The assessed value increased 3% from $297,407 in 2024. The property has the following tax exemptions: homestead.

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. 21987 SW 131 PL, 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 2010 to 2010, with 2 recorded transactions in the public record. The current assessed value represents 119% of the most recent sale price.

Based on the most recent sale, this property traded at $123 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..

Current Owner

LUKE L LOVE
21987 SW 131 PL, MIAMI, FL, 33170
Since: 2026-03-29
View owner profile →

Est. Annual Insurance

$2,236 — $3,860
Flood $400 — $800
Property/Wind $1,836 — $3,060

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 21987

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