8221 SW 183 ST, Palmetto Bay, FL 33157

Parcel: 3350340150090 · Residential - Single Family · 1 Unit · Zoning: 2100

Assessed Value (2025)
$1,326,820

Property Details

Beds
4
Baths
3
Living Sqft
3,072
Year Built
1988
Lot Sqft
17,835
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$703,800
2021-08-19
CONSTANCE RINCONES EST OFKURZIM GROUP 2 LLC TRS
2
$805,000+14%
2022-02-28
KURZIM GROUP 2 LLC TRS OTNIEL GRANDA
3
$1,500,000+86%
2022-08-26
OTNIEL GRANDADEMIAN MARTIN BELLUMIO
4
$1,500,000
2022-09-07

Tax Assessment History

$1,326,820
Assessed (2025)
$1,359,110
Market Value
$1,276,098
Taxable Value
$25,980
Annual Tax
2024
$1,289,427
$1,341,661
2025
$1,326,820
$1,359,110
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $1,326,820 $1,359,110 $1,276,098 $25,980
2024 $1,289,427 $1,341,661 $1,239,427 $25,234

About 8221 SW 183 ST, Palmetto Bay, FL 33157

8221 SW 183 ST, Palmetto Bay, FL 33157 is a 4-bedroom, 3-bathroom residential - single family : 1 unit built in 1988 with 3,072 square feet of living space on a 17,835 square foot lot. The property is currently owned by DEMIAN MARTIN BELLUMIO, 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 2022-09-07 for $1,500,000. There are 4 recorded sales for this property. The 2025 assessed value is $1,326,820 with a market value of $1,359,110.

This breaks down to $535,050 for the land and $824,060 for the building. The assessed value increased 3% from $1,289,427 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 $164,073, and the median home value is $735,500.

The population density is 2,464 people per square mile. There are active mortgage liens totaling $925,612 recorded against this property. 8221 SW 183 ST, Palmetto Bay, FL 33157 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 2021 to 2022, with 4 recorded transactions in the public record. The current assessed value represents 88% of the most recent sale price.

Based on the most recent sale, this property traded at $488 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..

Current Owner

DEMIAN MARTIN BELLUMIO
8221 SW 183 ST, PALMETTO BAY, FL, 33157
Since: 2026-04-19
View owner profile →

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$13,668 — $24,682
Flood $400 — $800
Property/Wind $13,268 — $23,882

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$164,073
Median Home Value$735,500
Pop. Density2,464/sq mi

Neighborhood 33157

46.3%
Owner-Occ
53.7%
Investor
161
Flips (4yr)
2,488
New Biz (3yr)
Distress Risk
MODERATE
36
View full risk analysis →

Mortgages

ACTIVE 3.6% rate
$1,000,000
~$925,612 bal.
FIRST REPUBLIC BANK · 2022-09-07
1 satisfied mortgage
SATISFIED 2022-03-16
$624,000
PARAMOUNT RESIDENTIAL MORTGAGE GROUP INC
Est. Total Balance $925,612
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
Zoom in to see property sales