Palmetto Bay, FL 33170

Palmetto Bay, FL 33170 is a property. The property is currently owned by NORIS LEDESMA GILBERTO VELASCO, recorded as of 2026-04-19. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2017-02-03 for $65,000, when DEYSI E CRUZ sold to NORIS LEDESMA. The property has appreciated $12,000 (23%) since the prior sale of $53,000 on 2012-12-28. There are 3 recorded sales for this property.

The 2025 assessed value is $2,750 with a market value of $247,500. This property is located in FEMA Flood Zone AH, indicating shallow flooding areas with ponding potential. Flood insurance is typically required.

The median household income in this area is $71,250, and the median home value is $437,500. The population density is 352 people per square mile. The complete ownership history of this property spans from 2011 to 2017, with 3 recorded transactions in the public record.

The current assessed value represents 4% 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..