Palmetto Bay, FL 33170
Parcel: 3068160000040 · Vacant Residential · Vacant Land · Zoning: 8900
Assessed Value (2025)
$328,191
Sales History
1
$430,000
2005-07-01
2
$1,100-100%
2013-03-12
LAZARO GAZO &W ILEANA GAZO → DEUTSCHE BANK NATL TR COMPANY TRS
3
$130,900+11800%
2013-11-14
DEUTSCHE BANK NATL TR COMPANY TRS → FRANCISCO BRACERAS TRS
Tax Assessment History
$328,191
Assessed (2025)
$525,500
Market Value
$328,191
Taxable Value
$6,682
Annual Tax
2024
$298,356
$494,016
2025
$328,191
$525,500
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $328,191 | $525,500 | $328,191 | $6,682 | $525,500 | $0 |
| 2024 | $298,356 | $494,016 | $298,356 | $6,074 | $494,016 | $0 |
About Palmetto Bay, FL 33170
Palmetto Bay, FL 33170 is a property. The property is currently owned by FRANCISCO BRACERAS TRS FRANC/OLGA BRACERAS REVOC LIV TR, recorded as of 2026-04-19. The mailing address differs from the property address, suggesting this may be an investment property or rental.
The most recent sale was on 2013-11-14 for $130,900, when DEUTSCHE BANK NATL TR COMPANY TRS sold to FRANCISCO BRACERAS TRS. The property has appreciated $129,800 (11800%) since the prior sale of $1,100 on 2013-03-12. There are 3 recorded sales for this property.
The 2025 assessed value is $328,191 with a market value of $525,500. The assessed value increased 10% from $298,356 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 2005 to 2013, with 3 recorded transactions in the public record. The current assessed value represents 251% of the most recent sale price. This high ratio could indicate the property was purchased below market value — a potential sign of a distressed sale or off-market deal..
Current Owner
FRANCISCO BRACERAS TRS FRANC/OLGA BRACERAS REVOC LIV TR
421 SW 127 AVE, MIAMI, FL, 33184
Since: 2026-04-19
View owner profile →
Flood Zone
Zone AH
Special Flood Hazard Area
Est. Annual Insurance
$3,681 — $6,707
Flood $400 — $800
Property/Wind $3,281 — $5,907
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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