Palmetto Bay, FL 33170
Parcel: 3069130030250 · Acreage Not Classified Ag · Vacant Land · Zoning: 9000
Assessed Value (2025)
$136,892
Sales History
1
$42,500
2017-03-24
HOSHMAND VAZIRI → JOSE SAGARRIBAY
2
$100non-market transfer
2019-05-10
JOSE SAGARRIBAY → GIDEON POINT II LLC
3
$65,000
2020-05-08
GIDEON POINT II LLC → HOMESTEAD LOT 1 LLC
Tax Assessment History
$136,892
Assessed (2025)
$168,300
Market Value
$136,892
Taxable Value
$2,787
Annual Tax
2024
$124,448
$168,300
2025
$136,892
$168,300
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $136,892 | $168,300 | $136,892 | $2,787 | $168,300 | $0 |
| 2024 | $124,448 | $168,300 | $124,448 | $2,534 | $168,300 | $0 |
About Palmetto Bay, FL 33170
Palmetto Bay, FL 33170 is a property. The property is currently owned by HOMESTEAD LOT 1 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 2020-05-08 for $65,000, when GIDEON POINT II LLC sold to HOMESTEAD LOT 1 LLC. The property has appreciated $64,900 (64900%) since the prior sale of $100 on 2019-05-10. There are 3 recorded sales for this property.
The 2025 assessed value is $136,892 with a market value of $168,300. The assessed value increased 10% from $124,448 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 2017 to 2020, with 3 recorded transactions in the public record. The current assessed value represents 211% 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
HOMESTEAD LOT 1 LLC
2780 SW 87 AVE 100, MIAMI, FL, 33165
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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