Palmetto Bay, FL 33170

Palmetto Bay, FL 33170 is a property. The property is currently owned by I V TRUST & 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 2021-05-14 for $2,195,000, when GOOD TIMES FARM CORP sold to I V TRUST & INVESTMENT LLC. The property has appreciated $815,000 (59%) since the prior sale of $1,380,000 on 2004-01-01. There are 3 recorded sales for this property.

The 2025 assessed value is $67,130 with a market value of $1,534,400. 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 1999 to 2021, with 3 recorded transactions in the public record.

The current assessed value represents 3% 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..