Palmetto Bay, FL 33170
Parcel: 3068170000090 · Veg Croplands Mixed/Rotated · Vacant Land · Zoning: 8900
Assessed Value (2025)
$97,000
Sales History
1
$1,200,000
2015-05-27
JESUS VALLADARES &W ARGELIA → REDLAND 60 LLC
2
$100non-market transfer
2016-04-17
ARGELIA VALLADARES → REDLAND 60 LLC
3
$1,800,000
2016-05-20
REDLAND 60 LLC → TX FLORIDA REALTY LLC
Tax Assessment History
$97,000
Assessed (2025)
$2,000,000
Market Value
$97,000
Taxable Value
$1,975
Annual Tax
2024
$97,000
$2,000,000
2025
$97,000
$2,000,000
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $97,000 | $2,000,000 | $97,000 | $1,975 | $2,000,000 | $0 |
| 2024 | $97,000 | $2,000,000 | $97,000 | $1,975 | $2,000,000 | $0 |
About Palmetto Bay, FL 33170
Palmetto Bay, FL 33170 is a property. The property is currently owned by TX FLORIDA REALTY 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 2016-05-20 for $1,800,000, when REDLAND 60 LLC sold to TX FLORIDA REALTY LLC. The property has appreciated $1,799,900 (1799900%) since the prior sale of $100 on 2016-04-17. There are 3 recorded sales for this property.
The 2025 assessed value is $97,000 with a market value of $2,000,000. 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 2015 to 2016, with 3 recorded transactions in the public record.
The current assessed value represents 5% 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
TX FLORIDA REALTY LLC
815 N HOMESTEAD BLVD 515, HOMESTEAD, FL, 33030
Since: 2026-03-29
View owner profile →
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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