Palmetto Bay, FL 33170
Parcel: 3069130020020 · Vacant Land - Commercial · Vacant Land · Zoning: 6061
Assessed Value (2025)
$166,080
Sales History
1
$105,700
2004-07-01
2
$1,500,000+1319%
2023-02-09
RIVERA INVESTMENT LLC → THE SERVICE CLUB LLC
3
$2,500,000+67%
2023-02-09
THE SERVICE CLUB LLC → MA DEVELOPMENTS OF FLORIDA LLC
4
$1,500,000-40%
2023-02-24
5
$2,500,000+67%
2023-02-28
Tax Assessment History
$166,080
Assessed (2025)
$166,080
Market Value
$166,080
Taxable Value
$3,381
Annual Tax
2024
$166,080
2025
$166,080
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $166,080 | $166,080 | $166,080 | $3,381 | $166,080 | $0 |
| 2024 | $166,080 | $166,080 | $166,080 | $3,381 | $166,080 | $0 |
About Palmetto Bay, FL 33170
Palmetto Bay, FL 33170 is a property. The property is currently owned by MA DEVELOPMENTS OF FLORIDA 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 2023-02-28 for $2,500,000. The property has appreciated $1,000,000 (67%) since the prior sale of $1,500,000 on 2023-02-24. There are 5 recorded sales for this property.
The 2025 assessed value is $166,080 with a market value of $166,080. 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 2004 to 2023, with 5 recorded transactions in the public record.
The current assessed value represents 7% 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..
Current Owner
MA DEVELOPMENTS OF FLORIDA LLC
488 NE 18 ST 2315, MIAMI, FL, 33132
Since: 2026-03-29
View owner profile →
Flood Zone
Zone X
Minimal risk
Est. Annual Insurance
$2,060 — $3,800
Flood $400 — $800
Property/Wind $1,660 — $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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