Palmetto Bay, FL 33170
Parcel: 3069130060950 · Vacant Governmental · Vacant Land - Governmental · Zoning: 5700
Assessed Value (2025)
$30,653
Sales History
1
$30,000
1975-06-01
2
N/Anon-market transfer
1992-12-01
3
$50,000
2000-05-01
Tax Assessment History
$30,653
Assessed (2025)
$177,300
Market Value
$0
Taxable Value
2024
$27,867
$165,480
2025
$30,653
$177,300
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $30,653 | $177,300 | $0 | — | $177,300 | $0 |
| 2024 | $27,867 | $165,480 | $0 | — | $165,480 | $0 |
About Palmetto Bay, FL 33170
Palmetto Bay, FL 33170 is a property. The property is currently owned by HOUSING AUTHORITY OF CITY OF HOMESTEAD INC, recorded as of 2026-04-19. The mailing address differs from the property address, suggesting this may be an investment property or rental.
The most recent sale was on 2000-05-01 for $50,000. There are 3 recorded sales for this property. The 2025 assessed value is $30,653 with a market value of $177,300.
The assessed value increased 10% from $27,867 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 1975 to 2000, with 3 recorded transactions in the public record.
The current assessed value represents 61% 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
HOUSING AUTHORITY OF CITY OF HOMESTEAD INC
29355 S FEDERAL HWY, HOMESTEAD, FL, 33033
Since: 2026-04-19
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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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