Palmetto Bay, FL 33170
Parcel: 3069120080410 · Vacant Land - Commercial · Extra Fea Other Than Parking · Zoning: 9061
Assessed Value (2025)
$115,634
Sales History
1
N/Anon-market transfer
1990-03-26
JESSIE HADLEY & PHYLLIS WILLIAMS → BROOKS BROWN
2
$74,200
2017-12-21
BROOKS BROWN → SUMMIT PINES LLC
Tax Assessment History
$115,634
Assessed (2025)
$258,822
Market Value
$115,634
Taxable Value
$2,354
Annual Tax
2024
$105,122
$258,864
2025
$115,634
$258,822
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $115,634 | $258,822 | $115,634 | $2,354 | $255,000 | $3,822 |
| 2024 | $105,122 | $258,864 | $105,122 | $2,140 | $255,000 | $3,864 |
About Palmetto Bay, FL 33170
Palmetto Bay, FL 33170 is a property. The property is currently owned by SUMMIT PINES 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 2017-12-21 for $74,200, when BROOKS BROWN sold to SUMMIT PINES LLC. The 2025 assessed value is $115,634 with a market value of $258,822. This breaks down to $255,000 for the land and $3,822 for the building.
The assessed value increased 10% from $105,122 in 2024. This property is located in FEMA Flood Zone X, which indicates minimal flood risk. Flood insurance is typically not required for properties in Zone X.
The median household income in this area is $80,306, and the median home value is $499,700. The population density is 1,254 people per square mile. The complete ownership history of this property spans from 1990 to 2017, with 2 recorded transactions in the public record.
The current assessed value represents 156% 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
SUMMIT PINES LLC
8306 MILLS DR 500, MIAMI, FL, 33183
Since: 2026-03-29
View owner profile →
People Behind This Entity
Flood Zone
Zone X
Minimal risk
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$80,306
Median Home Value$499,700
Pop. Density1,254/sq mi
Neighborhood 33170
61%
Owner-Occ
39%
Investor
24
Flips (4yr)
20
New Biz (3yr)
Distress Risk
ELEVATED
41
Zoom in to see property sales