12968 SW 227 ST, Palmetto Bay, FL 33170
Parcel: 3069140190250 · Residential - Single Family · 1 Unit · Zoning: 0100
Assessed Value (2025)
$529,735
Property Details
Beds
4
Baths
3
Living Sqft
2,066
Year Built
2023
Lot Sqft
8,233
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT
Sales History
1
$641,500
2023-07-07
SOUTHERN ESTATE HOMES LLC → TO PAO LLC
2
$641,500
2023-08-09
Tax Assessment History
$529,735
Assessed (2025)
$529,735
Market Value
$529,735
Taxable Value
$10,785
Annual Tax
2024
$533,035
2025
$529,735
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $529,735 | $529,735 | $529,735 | $10,785 | $199,262 | $330,473 |
| 2024 | $533,035 | $533,035 | $533,035 | $10,852 | $199,262 | $333,773 |
About 12968 SW 227 ST, Palmetto Bay, FL 33170
12968 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 8,233 square foot lot. The property is currently owned by TO PAO LLC, recorded as of 2026-03-29. The mailing address differs from the property address, suggesting this may be an investment property or rental.
The most recent sale was on 2023-08-09 for $641,500. The 2025 assessed value is $529,735 with a market value of $529,735. This breaks down to $199,262 for the land and $330,473 for the building.
The assessed value decreased 1% from $533,035 in 2024. 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 $498,220 recorded against this property.
12968 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 83% of the most recent sale price. Based on the most recent sale, this property traded at $311 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..
Building Permits (1)
| Permit # | Type | Description | Status | Date | Cost |
|---|---|---|---|---|---|
| C2023080580 | building | F | — |
Current Owner
TO PAO LLC
5761 NW 115 CT 109, DORAL, FL, 33178
Since: 2026-03-29
View owner profile →
Flood Zone
Zone X
Minimal risk
Est. Annual Insurance
$3,578 — $6,097
Flood $400 — $800
Property/Wind $3,178 — $5,297
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 12968
100%
Owner-Occ
0%
Investor
0
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
22
Mortgages
ACTIVE 6% rate
$506,000
CITY NATIONAL BANK OF FLORIDA · 2025-03-18
1 satisfied mortgage
SATISFIED 2023-08-09
$481,087
BB AMERICAS BANK
Est. Total Balance $498,220
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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