Palmetto Bay, FL 33170

Palmetto Bay, FL 33170 is a property. The property is currently owned by IV 194 AVENUE 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 2020-09-11 for $3,500,000, when RODGER WILSON sold to IV 194 AVENUE LLC. The property has appreciated $3,499,900 (3499900%) since the prior sale of $100 on 2010-04-19. The 2025 assessed value is $36,953 with a market value of $769,453.

This breaks down to $750,000 for the land and $19,453 for the building. The assessed value decreased 1% from $37,212 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 complete ownership history of this property spans from 2010 to 2020, with 2 recorded transactions in the public record. The current assessed value represents 1% 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..