Palmetto Bay, FL 33170
Parcel: 3068140000046 · Container Nursery Above-Gr · Vacant Land · Zoning: 8900
Assessed Value (2025)
$35,000
Sales History
1
N/Anon-market transfer
1993-09-01
2
$10non-market transfer
2008-10-10
MARIE PIRRELLO TR OF → LISA FARMER TRS
3
$375,000
2014-12-11
LISA FARMER TRS → GUILLERMO VALENZUELA
Tax Assessment History
$35,000
Assessed (2025)
$1,000,000
Market Value
$35,000
Taxable Value
$713
Annual Tax
2024
$35,000
$1,000,000
2025
$35,000
$1,000,000
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $35,000 | $1,000,000 | $35,000 | $713 | $1,000,000 | $0 |
| 2024 | $35,000 | $1,000,000 | $35,000 | $713 | $1,000,000 | $0 |
About Palmetto Bay, FL 33170
Palmetto Bay, FL 33170 is a property. The property is currently owned by GUILLERMO VALENZUELA, 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 2014-12-11 for $375,000, when LISA FARMER TRS sold to GUILLERMO VALENZUELA. The property has appreciated $374,990 (3749900%) since the prior sale of $10 on 2008-10-10. There are 3 recorded sales for this property.
The 2025 assessed value is $35,000 with a market value of $1,000,000. 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 complete ownership history of this property spans from 1993 to 2014, with 3 recorded transactions in the public record.
The current assessed value represents 9% 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..
Current Owner
GUILLERMO VALENZUELA
27601 SW 187 AVE, HOMESTEAD, FL, 33031
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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