Palmetto Bay, FL 33170

Palmetto Bay, FL 33170 is a property. The property is currently owned by GARDEN CLUB LLC RUBY FARMS LLC, 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 2012-12-22 for $300,000, when GEORGE E DAVIS sold to GARDEN CLUB LLC. The property has appreciated $299,900 (299900%) since the prior sale of $100 on 2012-11-19. The 2025 assessed value is $39,902 with a market value of $593,515.

The assessed value increased 6% from $37,502 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 2012 to 2012, with 2 recorded transactions in the public record.

The current assessed value represents 13% 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. There are 2 active building permits on this property with a combined estimated cost of $45, indicating ongoing construction or renovation work..