Palmetto Bay, FL 33170

Parcel: 3060180000040 · Vacant Residential · Vacant Land · Zoning: 0100

Assessed Value (2025)
$228,478

Sales History

1
$200,000
2008-07-01
2
$100non-market transfer
2012-05-11
HILARIO DIAZ &W MAIDAMAIDA DIAZ TRS
3
$75,000
2017-12-07
MAIDA DIAZ TRSELOY ERNESTO HERNANDEZ

Tax Assessment History

$228,478
Assessed (2025)
$453,750
Market Value
$228,478
Taxable Value
$4,652
Annual Tax
2024
$207,708
$453,750
2025
$228,478
$453,750
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $228,478 $453,750 $228,478 $4,652
2024 $207,708 $453,750 $207,708 $4,229

About Palmetto Bay, FL 33170

Palmetto Bay, FL 33170 is a property. The property is currently owned by ELOY ERNESTO HERNANDEZ, 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 2017-12-07 for $75,000, when MAIDA DIAZ TRS sold to ELOY ERNESTO HERNANDEZ . The property has appreciated $74,900 (74900%) since the prior sale of $100 on 2012-05-11. There are 3 recorded sales for this property.

The 2025 assessed value is $228,478 with a market value of $453,750. The assessed value increased 10% from $207,708 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 $42,718, and the median home value is $319,200. The population density is 5,016 people per square mile.

The complete ownership history of this property spans from 2008 to 2017, with 3 recorded transactions in the public record. The current assessed value represents 305% of the most recent sale price. This high ratio could indicate the property was purchased below market value — a potential sign of a distressed sale or off-market deal.

There are 2 active building permits on this property with a combined estimated cost of $108,000, indicating ongoing construction or renovation work..

Building Permits (8)

Permit #TypeStatusCost
C2026108507 building A
C2025102328 building expired
W2025054608 mechanical expired
C2024181275 building F
C2024078245 plumbing expired
C2024051111 electrical expired
C2024049976 electrical F
C2022165022 building A $108,000

Current Owner

ELOY ERNESTO HERNANDEZ
19315 SW 121 CT, MIAMI, FL, 33177
Since: 2026-03-29
View owner profile →

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$2,684 — $4,912
Flood $400 — $800
Property/Wind $2,284 — $4,112

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$42,718
Median Home Value$319,200
Pop. Density5,016/sq mi

Neighborhood 33170

61%
Owner-Occ
39%
Investor
24
Flips (4yr)
20
New Biz (3yr)
Distress Risk
ELEVATED
41
View full risk analysis →
Zoom in to see property sales