Palmetto Bay, FL 33170
Parcel: 3068160001610 · Impr Agri - Not Homesites · Extra Fea Other Than Parking · Zoning: 8900
Assessed Value (2025)
$33,922
Sales History
1
$200
2011-11-01
ZOES TROPICALS INC → 1ST UNITED BANK
2
$225,000+112400%
2013-04-29
1ST UNITED BANK → PRABHAKAR MARNADI
3
$300,000+33%
2017-01-20
PRABHAKAR MARNADI → O AND B NURSERY BROKERS INC
Tax Assessment History
$33,922
Assessed (2025)
$566,422
Market Value
$33,922
Taxable Value
$691
Annual Tax
2024
$34,115
$616,615
2025
$33,922
$566,422
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $33,922 | $566,422 | $33,922 | $691 | $550,000 | $16,422 |
| 2024 | $34,115 | $616,615 | $34,115 | $695 | $600,000 | $16,615 |
About Palmetto Bay, FL 33170
Palmetto Bay, FL 33170 is a property. The property is currently owned by O AND B NURSERY BROKERS 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 2017-01-20 for $300,000, when PRABHAKAR MARNADI sold to O AND B NURSERY BROKERS INC. The property has appreciated $75,000 (33%) since the prior sale of $225,000 on 2013-04-29. There are 3 recorded sales for this property.
The 2025 assessed value is $33,922 with a market value of $566,422. This breaks down to $550,000 for the land and $16,422 for the building. The assessed value decreased 1% from $34,115 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 2011 to 2017, with 3 recorded transactions in the public record. The current assessed value represents 11% 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..
Building Permits (1)
| Permit # | Type | Description | Status | Date | Cost |
|---|---|---|---|---|---|
| C2026032263 | electrical | F | $2,000 |
Current Owner
O AND B NURSERY BROKERS INC
21400 SW 228 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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