Palmetto Bay, FL 33170
Parcel: 3068160001320 · Container Nursery Above-Gr · Vacant Land · Zoning: 8900
Assessed Value (2025)
$17,962
Sales History
1
$85,000
2002-09-01
2
$275,000+224%
2019-09-10
ROLANDO ANDRADE &W MARIA F → NICOLAS VEGA
Tax Assessment History
$17,962
Assessed (2025)
$564,520
Market Value
$17,962
Taxable Value
$366
Annual Tax
2024
$17,962
$615,840
2025
$17,962
$564,520
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $17,962 | $564,520 | $17,962 | $366 | $564,520 | $0 |
| 2024 | $17,962 | $615,840 | $17,962 | $366 | $615,840 | $0 |
About Palmetto Bay, FL 33170
Palmetto Bay, FL 33170 is a property. The property is currently owned by NICOLAS VEGA, 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 2019-09-10 for $275,000, when ROLANDO ANDRADE &W MARIA F sold to NICOLAS VEGA. The property has appreciated $190,000 (224%) since the prior sale of $85,000 on 2002-09-01. The 2025 assessed value is $17,962 with a market value of $564,520.
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 2002 to 2019, with 2 recorded transactions in the public record. The current assessed value represents 7% 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..
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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