12861 SW 229 TER, Palmetto Bay, FL 33170

Parcel: 3069140170490 · Residential - Single Family · 1 Unit · Zoning: 0100

Assessed Value (2025)
$380,788

Property Details

Beds
4
Baths
2.5
Living Sqft
2,720
Year Built
2020
Lot Sqft
9,097
Stories
2
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$411,800
2020-02-05
LENNAR HOMES LLCDANNY SANTIAGO HERNANDEZ CARDENAS

Tax Assessment History

$380,788
Assessed (2025)
$640,000
Market Value
$330,066
Taxable Value
$6,720
Annual Tax
2024
$370,057
$599,722
2025
$380,788
$640,000
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $380,788 $640,000 $330,066 $6,720
2024 $370,057 $599,722 $320,057 $6,516

About 12861 SW 229 TER, Palmetto Bay, FL 33170

12861 SW 229 TER, Palmetto Bay, FL 33170 is a 4-bedroom, 2.5-bathroom residential - single family : 1 unit built in 2020 with 2,720 square feet of living space on a 9,097 square foot lot. The property is currently owned by DANNY SANTIAGO HERNANDEZ CARDENAS, 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 2020-02-05 for $411,800, when LENNAR HOMES LLC sold to DANNY SANTIAGO HERNANDEZ CARDENAS. The 2025 assessed value is $380,788 with a market value of $640,000. This breaks down to $232,358 for the land and $407,642 for the building.

The assessed value increased 3% from $370,057 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 $365,265 recorded against this property. 12861 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 92% of the most recent sale price. 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..

Current Owner

DANNY SANTIAGO HERNANDEZ CARDENAS
12861 SW 229 TER, MIAMI, FL, 33170
Since: 2026-03-29
View owner profile →

Est. Annual Insurance

$2,684 — $4,607
Flood $400 — $800
Property/Wind $2,284 — $3,807

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 12861

100%
Owner-Occ
0%
Investor
1
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
30
View full risk analysis →

Mortgages

ACTIVE
$389,000
~$365,265 bal.
PARAMOUNT RESIDENTIAL MORTGAGE GROUP INC · 2021-04-30
Est. Total Balance $365,265
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
Zoom in to see property sales