Palmetto Bay, FL 33170
Parcel: 3069130000720 · Vacant Governmental · Vacant Land - Governmental · Zoning: 9000
Assessed Value (2025)
$163,000
Sales History
1
$27,000
1977-07-01
2
$35,500+31%
1980-06-01
Tax Assessment History
$163,000
Assessed (2025)
$163,000
Market Value
$0
Taxable Value
2024
$163,000
2025
$163,000
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $163,000 | $163,000 | $0 | — | $163,000 | $0 |
| 2024 | $163,000 | $163,000 | $0 | — | $163,000 | $0 |
About Palmetto Bay, FL 33170
Palmetto Bay, FL 33170 is a property. The property is currently owned by TRS II FUND, 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 1980-06-01 for $35,500. The property has appreciated $8,500 (31%) since the prior sale of $27,000 on 1977-07-01. The 2025 assessed value is $163,000 with a market value of $163,000.
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 $42,718, and the median home value is $319,200.
The population density is 5,016 people per square mile. The complete ownership history of this property spans from 1977 to 1980, with 2 recorded transactions in the public record. The current assessed value represents 459% 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
TRS II FUND
3900 COMMONWEALTH BLVD STE 412, TALLAHASSEE, FL, 32303
Since: 2026-03-29
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Flood Zone
Zone X
Minimal risk
Est. Annual Insurance
$2,030 — $3,800
Flood $400 — $800
Property/Wind $1,630 — $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$42,718
Median Home Value$319,200
Pop. Density5,016/sq mi
Neighborhood 33170
61%
Owner-Occ
39%
Investor
24
Flips (4yr)
20
New Biz (3yr)
Distress Risk
ELEVATED
41
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