12856 SW 227 ST, Palmetto Bay, FL 33170

12856 SW 227 ST, Palmetto Bay, FL 33170 is a 4-bedroom, 3.5-bathroom residential - single family : 1 unit built in 2020 with 2,620 square feet of living space on a 6,365 square foot lot. The property is currently owned by MICHEL GARATE ACOSTA, 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 2026-03-06 for $762,000, when OPENDOOR PROPERTY TRUST I sold to MICHEL GARATE ACOSTA. The property has appreciated $67,500 (10%) since the prior sale of $694,500 on 2025-12-16. There are 4 recorded sales for this property.

The 2025 assessed value is $400,180 with a market value of $620,890. This breaks down to $178,220 for the land and $442,670 for the building. The assessed value increased 3% from $388,902 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 $15,132 recorded against this property. 12856 SW 227 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 complete ownership history of this property spans from 2020 to 2026, with 4 recorded transactions in the public record. The current assessed value represents 53% of the most recent sale price. This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase.

Based on the most recent sale, this property traded at $291 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..