Palmetto Bay, FL 33170
Parcel: 3068150000142 · Container Nursery Above-Gr · Vacant Land · Zoning: 9000
Assessed Value (2025)
$30,348
Sales History
1
$192,500
2003-07-01
2
$680,000+253%
2021-09-09
SOL-AIR LLC → FAGUNDO FARMS NURSERY INC
Tax Assessment History
$30,348
Assessed (2025)
$712,848
Market Value
$30,348
Taxable Value
$618
Annual Tax
2024
$30,503
$713,003
2025
$30,348
$712,848
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $30,348 | $712,848 | $30,348 | $618 | $700,000 | $12,848 |
| 2024 | $30,503 | $713,003 | $30,503 | $621 | $700,000 | $13,003 |
About Palmetto Bay, FL 33170
Palmetto Bay, FL 33170 is a property. The property is currently owned by FAGUNDO FARMS NURSERY INC, 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 2021-09-09 for $680,000, when SOL-AIR LLC sold to FAGUNDO FARMS NURSERY INC. The property has appreciated $487,500 (253%) since the prior sale of $192,500 on 2003-07-01. The 2025 assessed value is $30,348 with a market value of $712,848.
This breaks down to $700,000 for the land and $12,848 for the building. The assessed value decreased 1% from $30,503 in 2024. This property is located in FEMA Flood Zone AH, indicating shallow flooding areas with ponding potential.
Flood insurance is typically required. 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 2003 to 2021, with 2 recorded transactions in the public record. The current assessed value represents 4% 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
FAGUNDO FARMS NURSERY INC
23601 SW 207 AVE, HOMESTEAD, FL, 33031
Since: 2026-03-29
View owner profile →
People Behind This Entity
Flood Zone
Zone AH
Special Flood Hazard Area
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