12951 SW 229 TER, Palmetto Bay, FL 33170

Parcel: 3069140211150 · Residential - Single Family · 1 Unit · Zoning: 3700

Assessed Value (2025)
$555,673

Property Details

Beds
4
Baths
3.5
Living Sqft
2,598
Year Built
2022
Lot Sqft
5,000
Stories
2
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$2,549,100
2022-12-19
C/O AGWIP ASSET MANAGEMENT LLCLENNAR HOMES LLC
2
$577,800-77%
2023-01-25
LENNAR HOMES LLCJUAN BERNARDINO DIAZ LANDRON
3
$577,800
2023-02-02

Tax Assessment History

$555,673
Assessed (2025)
$555,673
Market Value
$555,673
Taxable Value
$11,313
Annual Tax
2024
$514,573
2025
$555,673
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $555,673 $555,673 $555,673 $11,313
2024 $514,573 $514,573 $514,573 $10,476

About 12951 SW 229 TER, Palmetto Bay, FL 33170

12951 SW 229 TER, Palmetto Bay, FL 33170 is a 4-bedroom, 3.5-bathroom residential - single family : 1 unit built in 2022 with 2,598 square feet of living space on a 5,000 square foot lot. The property is currently owned by JUAN BERNARDINO DIAZ LANDRON YARIFFER ENCARNACION CASTILLO, 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 2023-02-02 for $577,800. There are 3 recorded sales for this property. The 2025 assessed value is $555,673 with a market value of $555,673.

This breaks down to $150,000 for the land and $405,673 for the building. The assessed value increased 8% from $514,573 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.

12951 SW 229 TER, 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 2023, with 3 recorded transactions in the public record.

The current assessed value represents 96% of the most recent sale price. Based on the most recent sale, this property traded at $222 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..

Current Owner

JUAN BERNARDINO DIAZ LANDRON YARIFFER ENCARNACION CASTILLO
12951 SW 229 TER, MIAMI, FL, 33170
Since: 2026-04-19
View owner profile →

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$3,734 — $6,356
Flood $400 — $800
Property/Wind $3,334 — $5,556

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 12951

100%
Owner-Occ
0%
Investor
2
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
31
View full risk analysis →
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