Palmetto Bay, FL 33170
Parcel: 3060180030290 · Vacant Land - Commercial · Vacant Land · Zoning: 6200
Assessed Value (2025)
$208,635
Sales History
1
$550,000
2003-03-01
2
$1,950,000+255%
2004-04-01
3
$1,550,000-21%
2009-03-05
ORTEGA HOLDINGS INC → 11100 SW 216TH ST LLC
Tax Assessment History
$208,635
Assessed (2025)
$242,650
Market Value
$208,635
Taxable Value
$4,248
Annual Tax
2024
$189,669
$213,532
2025
$208,635
$242,650
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $208,635 | $242,650 | $208,635 | $4,248 | $242,650 | $0 |
| 2024 | $189,669 | $213,532 | $189,669 | $3,862 | $213,532 | $0 |
About Palmetto Bay, FL 33170
Palmetto Bay, FL 33170 is a property. The property is currently owned by 11100 SW 216TH ST 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 2009-03-05 for $1,550,000, when ORTEGA HOLDINGS INC sold to 11100 SW 216TH ST LLC. The property sold for $400,000 less than the prior sale of $1,950,000 on 2004-04-01. There are 3 recorded sales for this property.
The 2025 assessed value is $208,635 with a market value of $242,650. The assessed value increased 10% from $189,669 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 $71,250, and the median home value is $381,900. The population density is 6,352 people per square mile.
The complete ownership history of this property spans from 2003 to 2009, with 3 recorded transactions in the public record. The current assessed value represents 13% 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..
Building Permits (2)
| Permit # | Type | Description | Status | Date | Cost |
|---|---|---|---|---|---|
| C2026020785 | electrical | F | — | ||
| C2025062626 | electrical | F | — |
Current Owner
11100 SW 216TH ST LLC
2955 E 11 AVE, HIALEAH, FL, 33013
Since: 2026-03-29
View owner profile →
People Behind This Entity
Flood Zone
Zone X
Minimal risk
Est. Annual Insurance
$2,486 — $4,555
Flood $400 — $800
Property/Wind $2,086 — $3,755
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$71,250
Median Home Value$381,900
Pop. Density6,352/sq mi
Neighborhood 33170
61%
Owner-Occ
39%
Investor
24
Flips (4yr)
20
New Biz (3yr)
Distress Risk
ELEVATED
41
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