Palmetto Bay, FL 33170

Parcel: 3069140000271 · Acreage Not Classified Ag · Vacant Land · Zoning: 2100

Assessed Value (2025)
$532,400

Sales History

1
N/Anon-market transfer
2003-07-01
2
$100non-market transfer
2011-06-09
ELWOOD F MCCORMICK &W KATHRYN L &SHARON D SELLER TRS
3
$1,700,000
2021-12-14
SHARON D SELLERS TRSREDLANDS GROVE LLC

Tax Assessment History

$532,400
Assessed (2025)
$812,500
Market Value
$532,400
Taxable Value
$10,839
Annual Tax
2024
$484,000
$812,500
2025
$532,400
$812,500
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $532,400 $812,500 $532,400 $10,839
2024 $484,000 $812,500 $484,000 $9,854

About Palmetto Bay, FL 33170

Palmetto Bay, FL 33170 is a property. The property is currently owned by REDLANDS GROVE 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 2021-12-14 for $1,700,000, when SHARON D SELLERS TRS sold to REDLANDS GROVE LLC. The property has appreciated $1,699,900 (1699900%) since the prior sale of $100 on 2011-06-09. There are 3 recorded sales for this property.

The 2025 assessed value is $532,400 with a market value of $812,500. The assessed value increased 10% from $484,000 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 $80,306, and the median home value is $499,700. The population density is 1,254 people per square mile.

The complete ownership history of this property spans from 2003 to 2021, with 3 recorded transactions in the public record. The current assessed value represents 31% 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

REDLANDS GROVE LLC
20100 NE 25 CT, MIAMI, FL, 33180
Since: 2026-03-29
View owner profile →

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$5,724 — $10,383
Flood $400 — $800
Property/Wind $5,324 — $9,583

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$80,306
Median Home Value$499,700
Pop. Density1,254/sq mi

Neighborhood 33170

61%
Owner-Occ
39%
Investor
24
Flips (4yr)
20
New Biz (3yr)
Distress Risk
ELEVATED
41
View full risk analysis →
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