12949 SW 227 ST, Palmetto Bay, FL 33170

12949 SW 227 ST, Palmetto Bay, FL 33170 is a 4-bedroom, 3-bathroom residential - single family : 1 unit built in 2023 with 2,066 square feet of living space on a 8,438 square foot lot. The property is currently owned by REINALDO RAUL ESPINOSA YURIEN ESPINOSA, 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 2023-06-21 for $629,900. The 2025 assessed value is $269,969 with a market value of $530,628. This breaks down to $202,132 for the land and $328,496 for the building.

The assessed value increased 3% from $262,361 in 2024. The property has the following tax exemptions: homestead. This property is located in FEMA Flood Zone X, which indicates minimal flood risk.

Flood insurance is typically not required for properties in Zone X. 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 $144,155 recorded against this property. 12949 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 2023 to 2023, with 2 recorded transactions in the public record. The current assessed value represents 43% 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 $305 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..