Palmetto Bay, FL 33170
Parcel: 3068140000121 · Container Nursery Above-Gr · Vacant Land · Zoning: 8900
Assessed Value (2025)
$25,515
Sales History
1
$95,000
1993-03-01
2
$1,125,000+1084%
2021-09-10
JOSEPH ROBERT FALIN → ISAEL VELIZ
3
$100non-market transfer
2025-05-13
BLANCA VELIZ → IV 194 AVE II LLC
Tax Assessment History
$25,515
Assessed (2025)
$1,093,500
Market Value
$25,515
Taxable Value
$519
Annual Tax
2024
$25,515
$1,093,500
2025
$25,515
$1,093,500
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $25,515 | $1,093,500 | $25,515 | $519 | $1,093,500 | $0 |
| 2024 | $25,515 | $1,093,500 | $25,515 | $519 | $1,093,500 | $0 |
About Palmetto Bay, FL 33170
Palmetto Bay, FL 33170 is a property. The property is currently owned by IV 194 AVE II 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 2025-05-13 for $100, when BLANCA VELIZ sold to IV 194 AVE II LLC. The property sold for $1,124,900 less than the prior sale of $1,125,000 on 2021-09-10. There are 3 recorded sales for this property.
The 2025 assessed value is $25,515 with a market value of $1,093,500. 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 $107,073, and the median home value is $457,700. The population density is 6 people per square mile. The complete ownership history of this property spans from 1993 to 2025, with 3 recorded transactions in the public record..
Current Owner
IV 194 AVE II LLC
22600 SW 194 AVE, MIAMI, FL, 33170
Since: 2026-03-29
View owner profile →
People Behind This Entity
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$107,073
Median Home Value$457,700
Pop. Density6/sq mi
Neighborhood 33170
61%
Owner-Occ
39%
Investor
24
Flips (4yr)
20
New Biz (3yr)
Distress Risk
ELEVATED
41
Zoom in to see property sales