12981 SW 229 ST, Palmetto Bay, FL 33170

Parcel: 3069140210860 · Residential - Single Family · Residential W/ Additional Quarters · Zoning: 3700

Assessed Value (2025)
$614,437

Property Details

Beds
4
Baths
3.5
Living Sqft
3,139
Year Built
2022
Lot Sqft
5,000
Stories
2
RESIDENTIAL - SINGLE FAMILY : RESIDENTIAL W/ ADDITIONAL QUARTERS

Sales History

1
$3,971,700
2022-10-18
AG ESSENTIAL HOUSING MULTILENNAR HOMES LLC
2
$647,000-84%
2022-11-30
LENNAR HOMES LLCCESAR LUIS LARREA
3
$647,000
2022-12-09

Tax Assessment History

$614,437
Assessed (2025)
$669,420
Market Value
$0
Taxable Value
2024
$597,121
$621,607
2025
$614,437
$669,420
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $614,437 $669,420 $0
2024 $597,121 $621,607 $0

About 12981 SW 229 ST, Palmetto Bay, FL 33170

12981 SW 229 ST, Palmetto Bay, FL 33170 is a 4-bedroom, 3.5-bathroom residential - single family : residential w/ additional quarters built in 2022 with 3,139 square feet of living space on a 5,000 square foot lot. The property is currently owned by CESAR LUIS LARREA FRANCY JANETH ZAPATA GOMEZ, 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 2022-12-09 for $647,000. There are 3 recorded sales for this property. The 2025 assessed value is $614,437 with a market value of $669,420.

This breaks down to $150,000 for the land and $519,420 for the building. The assessed value increased 3% from $597,121 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 $754,046 recorded against this property. 12981 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 complete ownership history of this property spans from 2022 to 2022, with 3 recorded transactions in the public record. The current assessed value represents 95% of the most recent sale price.

Based on the most recent sale, this property traded at $206 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..

Building Permits (3)

Permit #TypeStatusCost
W2023153398 electrical F
C2023140942 building F $20,850
W2023146996 plumbing F

Current Owner

CESAR LUIS LARREA FRANCY JANETH ZAPATA GOMEZ
12981 SW 229 ST, MIAMI, FL, 33170
Since: 2026-04-19
View owner profile →

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$4,086 — $6,944
Flood $400 — $800
Property/Wind $3,686 — $6,144

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 12981

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

Mortgages

ACTIVE
$766,550
~$754,046 bal.
ROCKET MORTGAGE LLC · 2024-11-22
1 satisfied mortgage
SATISFIED 2022-12-09
$646,990
LENNAR MORTGAGE LLC
Est. Total Balance $754,046
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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