Palmetto Bay, FL 33170

Parcel: 3068140000155 · Acreage Not Classified Ag · Vacant Land · Zoning: 8900

Assessed Value (2025)
$691,254

Sales History

1
$100non-market transfer
2009-07-24
TNT REAL PROP LLCTNT REAL PROP LLC
2
$100non-market transfer
2017-03-31
TNT REAL PROP LLCTNT REAL PROPERTY LLC
3
$2,750,000
2021-02-08
TNT REAL PROPERTY LLCCIGN REAL ESTATE LLC

Tax Assessment History

$691,254
Assessed (2025)
$916,500
Market Value
$691,254
Taxable Value
$14,073
Annual Tax
2024
$628,413
$916,500
2025
$691,254
$916,500
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $691,254 $916,500 $691,254 $14,073
2024 $628,413 $916,500 $628,413 $12,794

About Palmetto Bay, FL 33170

Palmetto Bay, FL 33170 is a property. The property is currently owned by CIGN REAL ESTATE 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 2021-02-08 for $2,750,000, when TNT REAL PROPERTY LLC sold to CIGN REAL ESTATE LLC. The property has appreciated $2,749,900 (2749900%) since the prior sale of $100 on 2017-03-31. There are 3 recorded sales for this property.

The 2025 assessed value is $691,254 with a market value of $916,500. The assessed value increased 10% from $628,413 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.

There are active mortgage liens totaling $1,650,000 recorded against this property. The complete ownership history of this property spans from 2009 to 2021, with 3 recorded transactions in the public record. The current assessed value represents 25% 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

CIGN REAL ESTATE LLC
23100 SW 192 AVE STE B, MIAMI, FL, 33170
Since: 2026-03-29
View owner profile →

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$7,312 — $13,242
Flood $400 — $800
Property/Wind $6,912 — $12,442

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
View full risk analysis →

Mortgages

ACTIVE
$1,650,000
TNT REAL PROPERTIES LLC · 2021-02-24
Est. Total Balance $1,650,000
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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