12852 SW 229 TER, Palmetto Bay, FL 33170

Parcel: 3069140170020 · Residential - Single Family · 1 Unit · Zoning: 0100

Assessed Value (2025)
$505,718

Property Details

Beds
4
Baths
2.5
Living Sqft
2,130
Year Built
2020
Lot Sqft
6,600
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$387,700
2020-07-30
LENNAR HOMES LLCVANESSA C GARCIA
2
$450,000+16%
2021-12-08
VANESSA C GARCIAIBELISSE D GARCIA

Tax Assessment History

$505,718
Assessed (2025)
$591,145
Market Value
$454,996
Taxable Value
$9,263
Annual Tax
2024
$491,466
$555,380
2025
$505,718
$591,145
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $505,718 $591,145 $454,996 $9,263
2024 $491,466 $555,380 $441,466 $8,988

About 12852 SW 229 TER, Palmetto Bay, FL 33170

12852 SW 229 TER, Palmetto Bay, FL 33170 is a 4-bedroom, 2.5-bathroom residential - single family : 1 unit built in 2020 with 2,130 square feet of living space on a 6,600 square foot lot. The property is currently owned by IBELISSE D GARCIA OSMAN JOSE TOVAR SALAZAR, 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 2021-12-08 for $450,000, when VANESSA C GARCIA sold to IBELISSE D GARCIA. The property has appreciated $62,300 (16%) since the prior sale of $387,700 on 2020-07-30. The 2025 assessed value is $505,718 with a market value of $591,145.

This breaks down to $184,800 for the land and $406,345 for the building. The assessed value increased 3% from $491,466 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. There are active mortgage liens totaling $11,010 recorded against this property.

12852 SW 229 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 2020 to 2021, with 2 recorded transactions in the public record.

The current assessed value represents 112% of the most recent sale price. 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..

Building Permits (1)

Permit #TypeStatusCost
C2024004687 building F $25,695

Current Owner

IBELISSE D GARCIA OSMAN JOSE TOVAR SALAZAR
12852 SW 229 TER, MIAMI, FL, 33170
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$3,434 — $5,857
Flood $400 — $800
Property/Wind $3,034 — $5,057

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 12852

100%
Owner-Occ
0%
Investor
0
Flips (4yr)
0
New Biz (3yr)
Distress Risk
LOW
15
View full risk analysis →

Mortgages

ACTIVE
$11,266
~$11,010 bal.
SECRETARY HOUSING URBAN DEVELOPMENT · 2024-09-17
1 satisfied mortgage
SATISFIED 2021-12-16
$398,000
PANORAMA MORTGAGE GROUP LLC
Est. Total Balance $11,010
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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