Palmetto Bay, FL 33170

Parcel: 3069130000262 · Acreage Not Classified Ag · Vacant Land · Zoning: 9000

Assessed Value (2025)
$79,667

Sales History

1
$23,000
1986-01-01
2
$27,000+17%
1986-10-01

Tax Assessment History

$79,667
Assessed (2025)
$418,875
Market Value
$79,667
Taxable Value
$1,622
Annual Tax
2024
$72,425
$194,628
2025
$79,667
$418,875
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $79,667 $418,875 $79,667 $1,622
2024 $72,425 $194,628 $72,425 $1,475

About Palmetto Bay, FL 33170

Palmetto Bay, FL 33170 is a property. The property is currently owned by CYPRESS REDEVELOPMENT HOLDINGS ONE INC TR, recorded as of 2026-04-19. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 1986-10-01 for $27,000. The property has appreciated $4,000 (17%) since the prior sale of $23,000 on 1986-01-01. The 2025 assessed value is $79,667 with a market value of $418,875.

The assessed value increased 10% from $72,425 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 1986 to 1986, with 2 recorded transactions in the public record.

The current assessed value represents 295% 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

CYPRESS REDEVELOPMENT HOLDINGS ONE INC TR
PO BOX 552135, DAVIE, FL, 33355-2135
Since: 2026-04-19
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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
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