Palmetto Bay, FL 33170
Parcel: 3069150000040 · Avocado Groves · Vacant Land · Zoning: 9000
Assessed Value (2025)
$22,449
Sales History
1
$175,000
1973-06-01
2
N/Anon-market transfer
1990-03-01
3
$285,000
2002-01-01
4
$950,000+233%
2024-01-19
Tax Assessment History
$22,449
Assessed (2025)
$562,320
Market Value
$22,449
Taxable Value
$457
Annual Tax
2024
$22,449
$562,320
2025
$22,449
$562,320
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $22,449 | $562,320 | $22,449 | $457 | $562,320 | $0 |
| 2024 | $22,449 | $562,320 | $22,449 | $457 | $562,320 | $0 |
About Palmetto Bay, FL 33170
Palmetto Bay, FL 33170 is a property. The property is currently owned by PATRICK J & RONALD C READ JTRS, 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 2024-01-19 for $950,000. The property has appreciated $665,000 (233%) since the prior sale of $285,000 on 2002-01-01. There are 4 recorded sales for this property.
The 2025 assessed value is $22,449 with a market value of $562,320. 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 1973 to 2024, with 4 recorded transactions in the public record.
The current assessed value represents 2% 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
PATRICK J & RONALD C READ JTRS
14501 SW 216 ST, MIAMI, FL, 33170-2309
Since: 2026-03-29
View owner profile →
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$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
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