Palmetto Bay, FL 33170

Palmetto Bay, FL 33170 is a property. The property is currently owned by CASTLE KEY 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 2019-09-12 for $275,000, when SERADON INVESTMENT CORP sold to CASTLE KEY LLC. The property has appreciated $72,000 (35%) since the prior sale of $203,000 on 1998-12-01. There are 3 recorded sales for this property.

The 2025 assessed value is $16,727 with a market value of $26,370. The assessed value increased 10% from $15,207 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 1973 to 2019, with 3 recorded transactions in the public record. The current assessed value represents 6% 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..