12818 SW 229 ST, Palmetto Bay, FL 33170

Parcel: 3069140170530 · Residential - Single Family · 1 Unit · Zoning: 0100

Assessed Value (2025)
$304,017

Property Details

Beds
3
Baths
3
Living Sqft
1,901
Year Built
2020
Lot Sqft
6,755
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$354,600
2020-02-05
LENNAR HOMES LLCELIO E BETANCOURT VARONA

Tax Assessment History

$304,017
Assessed (2025)
$547,972
Market Value
$253,295
Taxable Value
$5,157
Annual Tax
2024
$295,449
$515,750
2025
$304,017
$547,972
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $304,017 $547,972 $253,295 $5,157
2024 $295,449 $515,750 $245,449 $4,997

About 12818 SW 229 ST, Palmetto Bay, FL 33170

12818 SW 229 ST, Palmetto Bay, FL 33170 is a 3-bedroom, 3-bathroom residential - single family : 1 unit built in 2020 with 1,901 square feet of living space on a 6,755 square foot lot. The property is currently owned by ELIO E BETANCOURT VARONA KRISTIE ROSE BETANCOURT, recorded as of 2026-04-19. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2020-02-05 for $354,600, when LENNAR HOMES LLC sold to ELIO E BETANCOURT VARONA . The 2025 assessed value is $304,017 with a market value of $547,972. This breaks down to $189,140 for the land and $358,832 for the building.

The assessed value increased 3% from $295,449 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 $291,251 recorded against this property. 12818 SW 229 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 current assessed value represents 86% of the most recent sale price. Based on the most recent sale, this property traded at $187 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..

Current Owner

ELIO E BETANCOURT VARONA KRISTIE ROSE BETANCOURT
8910 SW 187TH ST, CUTLER BAY, FL, 33157-7127
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$2,224 — $3,840
Flood $400 — $800
Property/Wind $1,824 — $3,040

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 12818

100%
Owner-Occ
0%
Investor
0
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
20
View full risk analysis →

Mortgages

ACTIVE
$308,900
~$291,251 bal.
SIGN ON THE LINE INC · 2021-08-25
Est. Total Balance $291,251
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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