11998 SW 232 ST, Palmetto Bay, FL 33170
Parcel: 3069240090010 · Residential - Single Family · 1 Unit · Zoning: 0103
Assessed Value (2025)
$617,443
Property Details
Beds
4
Baths
3
Living Sqft
2,586
Year Built
2023
Lot Sqft
14,908
Stories
2
RESIDENTIAL - SINGLE FAMILY : 1 UNIT
Sales History
1
$713,000
2023-07-05
MOUNTAIN COVE HOMES AT → JIMMY JOSUE TORREALBA
Tax Assessment History
$617,443
Assessed (2025)
$617,443
Market Value
$617,443
Taxable Value
$12,571
Annual Tax
2024
$689,735
2025
$617,443
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $617,443 | $617,443 | $617,443 | $12,571 | $268,758 | $348,685 |
| 2024 | $689,735 | $689,735 | $689,735 | $14,042 | $298,620 | $391,115 |
About 11998 SW 232 ST, Palmetto Bay, FL 33170
11998 SW 232 ST, Palmetto Bay, FL 33170 is a 4-bedroom, 3-bathroom residential - single family : 1 unit built in 2023 with 2,586 square feet of living space on a 14,908 square foot lot. The property is currently owned by JIMMY JOSUE TORREALBA, 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 2023-07-05 for $713,000, when MOUNTAIN COVE HOMES AT sold to JIMMY JOSUE TORREALBA . The 2025 assessed value is $617,443 with a market value of $617,443. This breaks down to $268,758 for the land and $348,685 for the building.
The assessed value decreased 10% from $689,735 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 $93,706, and the median home value is $420,100. The population density is 5,816 people per square mile. There are active mortgage liens totaling $476,846 recorded against this property.
11998 SW 232 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 current assessed value represents 87% of the most recent sale price.
Based on the most recent sale, this property traded at $276 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..
Building Permits (4)
| Permit # | Type | Description | Status | Date | Cost |
|---|---|---|---|---|---|
| C2023116790 | electrical | F | — | ||
| C2023098050 | building | F | — | ||
| C2023097328 | building | F | — | ||
| W2023091933 | mechanical | F | — |
Current Owner
JIMMY JOSUE TORREALBA
16825 SW 109 PL, MIAMI, FL, 33157
Since: 2026-03-29
View owner profile →
Flood Zone
Zone X
Minimal risk
Est. Annual Insurance
$4,104 — $6,974
Flood $400 — $800
Property/Wind $3,704 — $6,174
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$93,706
Median Home Value$420,100
Pop. Density5,816/sq mi
Neighborhood 11998
100%
Owner-Occ
0%
Investor
0
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
26
Mortgages
ACTIVE
$491,963
BANKING MORTGAGE SERVICES · 2023-08-11
Est. Total Balance $476,846
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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