Palmetto Bay, FL 33170
Parcel: 3068150000220 · Container Nursery Above-Gr · Vacant Land · Zoning: 9000
Assessed Value (2025)
$140,000
Sales History
1
N/Anon-market transfer
1991-02-01
2
$550,000
2000-05-01
3
$3,600,000+555%
2024-06-17
WALTER BESSER AVILA EST OF → I V TRUST AND INVESTMENT LLC
4
$3,600,000
2024-06-24
Tax Assessment History
$140,000
Assessed (2025)
$2,000,000
Market Value
$140,000
Taxable Value
$2,850
Annual Tax
2024
$88,000
$2,000,000
2025
$140,000
$2,000,000
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $140,000 | $2,000,000 | $140,000 | $2,850 | $2,000,000 | $0 |
| 2024 | $88,000 | $2,000,000 | $88,000 | $1,792 | $2,000,000 | $0 |
About Palmetto Bay, FL 33170
Palmetto Bay, FL 33170 is a property. The property is currently owned by I V TRUST AND INVESTMENT 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 2024-06-24 for $3,600,000. There are 4 recorded sales for this property. The 2025 assessed value is $140,000 with a market value of $2,000,000.
The assessed value increased 59% from $88,000 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 1991 to 2024, with 4 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
I V TRUST AND INVESTMENT LLC
20451 SW 216 ST, MIAMI, FL, 33170
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
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