12780 SW 224 ST, Palmetto Bay, FL 33170

Parcel: 3069140120550 · Residential - Single Family · Residential · Zoning: 2100

Assessed Value (2025)
$439,665

Property Details

Beds
5
Baths
3
Living Sqft
2,837
Year Built
2016
Lot Sqft
12,501
Stories
2
RESIDENTIAL - SINGLE FAMILY : RESIDENTIAL - TOTAL VALUE

Sales History

1
$3,600,000
2013-01-24
MERCANTIL COMMERCE BANK N AESTATE MANSIONS LLC
2
$3,115,000-13%
2013-02-25
ESTATE MANSIONS LLCD R HORTON INC
3
$442,200-86%
2016-09-16
D R HORTON INCGIOVANNI GRAS

Tax Assessment History

$439,665
Assessed (2025)
$692,151
Market Value
$388,943
Taxable Value
$7,919
Annual Tax
2024
$427,275
$674,127
2025
$439,665
$692,151
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $439,665 $692,151 $388,943 $7,919
2024 $427,275 $674,127 $377,275 $7,681

About 12780 SW 224 ST, Palmetto Bay, FL 33170

12780 SW 224 ST, Palmetto Bay, FL 33170 is a 5-bedroom, 3-bathroom residential - single family : residential - total value built in 2016 with 2,837 square feet of living space on a 12,501 square foot lot. The property is currently owned by GIOVANNI GRAS MONICA GRAS, 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 2016-09-16 for $442,200, when D R HORTON INC sold to GIOVANNI GRAS. The property sold for $2,672,800 less than the prior sale of $3,115,000 on 2013-02-25. There are 3 recorded sales for this property.

The 2025 assessed value is $439,665 with a market value of $692,151. This breaks down to $250,000 for the land and $442,151 for the building. The assessed value increased 3% from $427,275 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.

12780 SW 224 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 2013 to 2016, with 3 recorded transactions in the public record.

The current assessed value represents 99% of the most recent sale price. Based on the most recent sale, this property traded at $156 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..

Current Owner

GIOVANNI GRAS MONICA GRAS
12780 SW 224 ST, MIAMI, FL, 33170
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$3,037 — $5,196
Flood $400 — $800
Property/Wind $2,637 — $4,396

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 12780

100%
Owner-Occ
0%
Investor
0
Flips (4yr)
0
New Biz (3yr)
Distress Risk
LOW
18
View full risk analysis →
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