12812 SW 229 TER, Palmetto Bay, FL 33170

12812 SW 229 TER, Palmetto Bay, FL 33170 is a 4-bedroom, 3-bathroom residential - single family : residential w/ additional quarters built in 2020 with 2,247 square feet of living space on a 8,100 square foot lot. The property is currently owned by OMAR LAZARO GARCIA ISBETY SUAREZ GARCIA, 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 2020-02-05 for $394,200, when LENNAR HOMES sold to BARBARA SUAREZ. The 2025 assessed value is $599,951 with a market value of $599,951. This breaks down to $218,400 for the land and $381,551 for the building.

The assessed value increased 43% from $419,854 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. 12812 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 152% 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 $175 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..