Palmetto Bay, FL 33170
Parcel: 3068130000222 · Veg Croplands Mixed/Rotated · Vacant Land · Zoning: 2300
Assessed Value (2025)
$11,616
Sales History
1
$6,000
1977-10-01
Tax Assessment History
$11,616
Assessed (2025)
$261,000
Market Value
$11,616
Taxable Value
$236
Annual Tax
2024
$10,798
$261,000
2025
$11,616
$261,000
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $11,616 | $261,000 | $11,616 | $236 | $261,000 | $0 |
| 2024 | $10,798 | $261,000 | $10,798 | $220 | $261,000 | $0 |
About Palmetto Bay, FL 33170
Palmetto Bay, FL 33170 is a property. The property is currently owned by MARGARITO V MARTINEZ &W MARIA O, 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 1977-10-01 for $6,000. The 2025 assessed value is $11,616 with a market value of $261,000. The assessed value increased 8% from $10,798 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 $437,500.
The population density is 352 people per square mile. The current assessed value represents 194% 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..
Current Owner
MARGARITO V MARTINEZ &W MARIA O
22251 SW 187 AVE, MIAMI, FL, 33170-3506
Since: 2026-03-29
View owner profile →
Flood Zone
Zone X
Minimal risk
Est. Annual Insurance
$1,900 — $3,800
Flood $400 — $800
Property/Wind $1,500 — $3,000
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$437,500
Pop. Density352/sq mi
Neighborhood 33170
61%
Owner-Occ
39%
Investor
24
Flips (4yr)
20
New Biz (3yr)
Distress Risk
ELEVATED
41
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