Palmetto Bay, FL 33170
Parcel: 3069130060490 · Vacant Land - Industrial · Vacant Land · Zoning: 7100
Assessed Value (2025)
$69,877
Sales History
1
$265,000
1977-02-01
2
$689,200+160%
1993-03-01
3
$500,000-27%
1998-08-01
Tax Assessment History
$69,877
Assessed (2025)
$187,500
Market Value
$69,877
Taxable Value
$1,423
Annual Tax
2024
$63,525
$150,000
2025
$69,877
$187,500
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $69,877 | $187,500 | $69,877 | $1,423 | $187,500 | $0 |
| 2024 | $63,525 | $150,000 | $63,525 | $1,293 | $150,000 | $0 |
About Palmetto Bay, FL 33170
Palmetto Bay, FL 33170 is a property. The property is currently owned by CUTLER RIDGE HOLDINGS CORP, 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 1998-08-01 for $500,000. The property sold for $189,200 less than the prior sale of $689,200 on 1993-03-01. There are 3 recorded sales for this property.
The 2025 assessed value is $69,877 with a market value of $187,500. The assessed value increased 10% from $63,525 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 1977 to 1998, with 3 recorded transactions in the public record. The current assessed value represents 14% 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
CUTLER RIDGE HOLDINGS CORP
PO BOX 971363, MIAMI, FL, 33197
Since: 2026-03-29
View owner profile →
People Behind This Entity
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
Zoom in to see property sales