Palmetto Bay, FL 33170
Parcel: 3069130000840 · Vacant Residential · Vacant Land · Zoning: 0100
Assessed Value (2025)
$113,867
Sales History
1
$300,000
2006-06-01
2
$8,300-97%
2011-08-16
BALDOMERO FUENTES &W ISAURA D → GGH 8 LLC
3
$79,000+852%
2019-12-17
GGH 8 LLC → DURANGO CONCRETE FORMWORK LLC
Tax Assessment History
$113,867
Assessed (2025)
$337,344
Market Value
$113,867
Taxable Value
$2,318
Annual Tax
2024
$103,516
$329,952
2025
$113,867
$337,344
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $113,867 | $337,344 | $113,867 | $2,318 | $337,344 | $0 |
| 2024 | $103,516 | $329,952 | $103,516 | $2,108 | $329,952 | $0 |
About Palmetto Bay, FL 33170
Palmetto Bay, FL 33170 is a property. The property is currently owned by DURANGO CONCRETE FORMWORK 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 2019-12-17 for $79,000, when GGH 8 LLC sold to DURANGO CONCRETE FORMWORK LLC. The property has appreciated $70,700 (852%) since the prior sale of $8,300 on 2011-08-16. There are 3 recorded sales for this property.
The 2025 assessed value is $113,867 with a market value of $337,344. The assessed value increased 10% from $103,516 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 $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 2006 to 2019, with 3 recorded transactions in the public record. The current assessed value represents 144% 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
DURANGO CONCRETE FORMWORK LLC
11390 SW 231 LN, MIAMI, FL, 33170
Since: 2026-03-29
View owner profile →
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$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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