12800 SW 229 TER, Palmetto Bay, FL 33170

12800 SW 229 TER, Palmetto Bay, FL 33170 is a 5-bedroom, 3.5-bathroom residential - single family : residential w/ additional quarters built in 2020 with 3,191 square feet of living space on a 16,272 square foot lot. The property is currently owned by JORGE IVAN URIBE LONDONO DIANA MARIA HERNANDEZ BUILES, 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 2020-05-14 for $482,200, when LENNAR HOMES LLC sold to JORGE IVAN URIBE LONDONO . The 2025 assessed value is $619,998 with a market value of $799,573. This breaks down to $283,685 for the land and $515,888 for the building.

The assessed value increased 10% from $563,635 in 2024. 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.

12800 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 current assessed value represents 129% 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 $151 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..