Palmetto Bay, FL 33170

Palmetto Bay, FL 33170 is a property. The property is currently owned by HORSESHOE CAY 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 2023-07-31 for $1,150,000. There are 4 recorded sales for this property. The 2025 assessed value is $204,875 with a market value of $223,500.

The assessed value increased 10% from $186,250 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. There are active mortgage liens totaling $200,000 recorded against this property.

This property currently has 1 open code violation on record with miami_dade code enforcement. Open violations can affect property value and may need to be resolved before a sale can close. The complete ownership history of this property spans from 2003 to 2023, with 4 recorded transactions in the public record.

The current assessed value represents 18% 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..