575 PALM DR, Florida City, FL 33034

575 PALM DR, Florida City, FL 33034 is a 8-bedroom, 8-bathroom multifamily 2-9 units : multifamily 3 or more units built in 1954 with 4,052 square feet of living space on a 16,875 square foot lot. The property is currently owned by FLORIDA CITY RENTAL 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 2016-06-22 for $900,000, when WEST PALM DRIVE LLC sold to FLORIDA CITY RENTAL LLC. The property has appreciated $899,900 (899900%) since the prior sale of $100 on 2013-03-15. There are 3 recorded sales for this property.

The 2025 assessed value is $496,006 with a market value of $892,670. This breaks down to $421,875 for the land and $470,795 for the building. The assessed value increased 10% from $450,915 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 $53,054, and the median home value is $338,800.

The population density is 3,481 people per square mile. 575 PALM DR, Florida City, FL 33034 is located in Florida City, Florida. Property records, tax assessments, sales history, and ownership information for this Florida City property are sourced from miami_dade County public records.

The complete ownership history of this property spans from 2012 to 2016, with 3 recorded transactions in the public record. The current assessed value represents 55% 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 $222 per square foot — a key metric for comparing value across Florida City's real estate market..