11986 SW 232 ST, Palmetto Bay, FL 33170

Parcel: 3069240090020 · Residential - Single Family · Residential W/ Additional Quarters · Zoning: 0103

Assessed Value (2025)
$532,776

Property Details

Beds
5
Baths
3.5
Living Sqft
3,020
Year Built
2023
Lot Sqft
6,302
Stories
2
RESIDENTIAL - SINGLE FAMILY : RESIDENTIAL W/ ADDITIONAL QUARTERS

Sales History

1
$781,000
2023-09-26
MOUNTAIN COVE HOMES ATJORGE PARADA

Tax Assessment History

$532,776
Assessed (2025)
$532,776
Market Value
$482,054
Taxable Value
$9,814
Annual Tax
2024
$601,195
2025
$532,776
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $532,776 $532,776 $482,054 $9,814
2024 $601,195 $601,195 $601,195 $12,240

About 11986 SW 232 ST, Palmetto Bay, FL 33170

11986 SW 232 ST, Palmetto Bay, FL 33170 is a 5-bedroom, 3.5-bathroom residential - single family : residential w/ additional quarters built in 2023 with 3,020 square feet of living space on a 6,302 square foot lot. The property is currently owned by JORGE PARADA BARBARA J HERNANDEZ 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 2023-09-26 for $781,000, when MOUNTAIN COVE HOMES AT sold to JORGE PARADA. The 2025 assessed value is $532,776 with a market value of $532,776. This breaks down to $169,530 for the land and $363,246 for the building.

The assessed value decreased 11% from $601,195 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 $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 $705,130 recorded against this property. 11986 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 68% of the most recent sale price. This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase. Based on the most recent sale, this property traded at $259 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..

Building Permits (7)

Permit #TypeStatusCost
C2025075007 building F $20,850
C2025083109 plumbing F
C2025083368 electrical F
C2023116884 electrical F
C2023110600 building F
C2023097326 building F
W2023090537 mechanical F

Current Owner

JORGE PARADA BARBARA J HERNANDEZ GOMEZ
11986 SW 232 ST, HOMESTEAD, FL, 33032
Since: 2026-04-19
View owner profile →

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$3,596 — $6,127
Flood $400 — $800
Property/Wind $3,196 — $5,327

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 11986

100%
Owner-Occ
0%
Investor
0
Flips (4yr)
0
New Biz (3yr)
Distress Risk
LOW
16
View full risk analysis →

Mortgages

ACTIVE
$726,000
~$705,130 bal.
BANKING MORTGAGE SERVICES · 2023-10-03
Est. Total Balance $705,130
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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