12986 SW 232 TER, Palmetto Bay, FL 33170

Parcel: 3069230150100 · Residential · Townhouse · Zoning: 3800

Assessed Value (2025)
$384,000

Property Details

Beds
3
Baths
3
Living Sqft
1,368
Year Built
2023
Lot Sqft
1,830
Stories
2
RESIDENTIAL - TOTAL VALUE : TOWNHOUSE

Sales History

1
$991,700
2023-03-15
AG ESSENTIAL HOUSING MULTILENNAR HOMES LLC
2
$419,400-58%
2023-03-28
LENNAR HOMES LLC200 NW 137 AVE LLC
3
$419,400
2023-03-31
4
$100non-market transfer
2023-09-05
200 NW 137 AVE LLC200 NW 137 AVE 12986 LLC

Tax Assessment History

$384,000
Assessed (2025)
$384,000
Market Value
$384,000
Taxable Value
$7,818
Annual Tax
2024
$367,000
2025
$384,000
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $384,000 $384,000 $384,000 $7,818
2024 $367,000 $367,000 $367,000 $7,472

About 12986 SW 232 TER, Palmetto Bay, FL 33170

12986 SW 232 TER, Palmetto Bay, FL 33170 is a 3-bedroom, 3-bathroom residential - total value : townhouse built in 2023 with 1,368 square feet of living space on a 1,830 square foot lot. The property is currently owned by 200 NW 137 AVE 12986 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 2023-09-05 for $100, when 200 NW 137 AVE LLC sold to 200 NW 137 AVE 12986 LLC. The property sold for $419,300 less than the prior sale of $419,400 on 2023-03-31. There are 4 recorded sales for this property.

The 2025 assessed value is $384,000 with a market value of $384,000. The assessed value increased 5% from $367,000 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 $272,610 recorded against this property. 12986 SW 232 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 2023 to 2023, with 4 recorded transactions in the public record..

Current Owner

200 NW 137 AVE 12986 LLC
780 NW 42 AVE STE 10, MIAMI, FL, 33126
Since: 2026-03-29
View owner profile →

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$2,704 — $4,640
Flood $400 — $800
Property/Wind $2,304 — $3,840

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 12986

100%
Owner-Occ
0%
Investor
0
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
24
View full risk analysis →

Mortgages

ACTIVE
$272,610
0
ELS HOLDINGS LLC · 2023-11-20
Est. Total Balance $272,610
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
Zoom in to see property sales