12966 SW 229 TER, Palmetto Bay, FL 33170
Parcel: 3069140211240 · Residential - Single Family · 1 Unit · Zoning: 3700
Assessed Value (2025)
$629,775
Property Details
Beds
5
Baths
3
Living Sqft
3,252
Year Built
2022
Lot Sqft
5,000
Stories
2
RESIDENTIAL - SINGLE FAMILY : 1 UNIT
Sales History
1
$3,971,700
2022-10-18
AG ESSENTIAL HOUSING MULTI → LENNAR HOMES LLC
2
$619,500-84%
2022-12-05
LENNAR HOMES LLC → GURUDUTT G SHARMA
3
$619,500
2023-01-03
4
$100non-market transfer
2024-09-27
GURUDUTT G SHARMA → GURUDUTT G SHARMA LE
5
N/A
2024-10-16
Tax Assessment History
$629,775
Assessed (2025)
$629,775
Market Value
$629,775
Taxable Value
$12,822
Annual Tax
2024
$581,168
2025
$629,775
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $629,775 | $629,775 | $629,775 | $12,822 | $150,000 | $479,775 |
| 2024 | $581,168 | $581,168 | $581,168 | $11,832 | $150,000 | $431,168 |
About 12966 SW 229 TER, Palmetto Bay, FL 33170
12966 SW 229 TER, Palmetto Bay, FL 33170 is a 5-bedroom, 3-bathroom residential - single family : 1 unit built in 2022 with 3,252 square feet of living space on a 5,000 square foot lot. The property is currently owned by GURUDUTT G SHARMA LE AMITA DAYAL LE, recorded as of 2026-04-19. The mailing address differs from the property address, suggesting this may be an investment property or rental.
There are 5 recorded sales for this property. The 2025 assessed value is $629,775 with a market value of $629,775. This breaks down to $150,000 for the land and $479,775 for the building.
The assessed value increased 8% from $581,168 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 $527,988 recorded against this property.
12966 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 2024, with 5 recorded transactions in the public record..
Current Owner
GURUDUTT G SHARMA LE AMITA DAYAL LE
PO BOX 306990, ST THOMAS, VI, 00803
Since: 2026-04-19
View owner profile →
Flood Zone
Zone X
Minimal risk
Est. Annual Insurance
$4,178 — $7,097
Flood $400 — $800
Property/Wind $3,778 — $6,297
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 12966
100%
Owner-Occ
0%
Investor
0
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
23
Mortgages
ACTIVE
$536,250
NQM FUNDING LLC · 2024-12-23
Est. Total Balance $527,988
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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