Palmetto Bay, FL 33170
Parcel: 3069160020550 · Vacant Residential · Vacant Land · Zoning: 2100
Assessed Value (2025)
$105,415
Sales History
1
$11,300
1980-11-01
2
$25,000+121%
2019-09-20
JONATHAN G BUFF &W KAY → AHMED CHEHAB
Tax Assessment History
$105,415
Assessed (2025)
$216,000
Market Value
$105,415
Taxable Value
$2,146
Annual Tax
2024
$95,832
$216,000
2025
$105,415
$216,000
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $105,415 | $216,000 | $105,415 | $2,146 | $216,000 | $0 |
| 2024 | $95,832 | $216,000 | $95,832 | $1,951 | $216,000 | $0 |
About Palmetto Bay, FL 33170
Palmetto Bay, FL 33170 is a property. The property is currently owned by AHMED CHEHAB SHAKER CHEHAB, 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 2019-09-20 for $25,000, when JONATHAN G BUFF &W KAY sold to AHMED CHEHAB. The property has appreciated $13,700 (121%) since the prior sale of $11,300 on 1980-11-01. The 2025 assessed value is $105,415 with a market value of $216,000.
The assessed value increased 10% from $95,832 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 $97,395, and the median home value is $602,600. The population density is 469 people per square mile. The complete ownership history of this property spans from 1980 to 2019, with 2 recorded transactions in the public record.
The current assessed value represents 422% of the most recent sale price. This high ratio could indicate the property was purchased below market value — a potential sign of a distressed sale or off-market deal..
Current Owner
AHMED CHEHAB SHAKER CHEHAB
18730 SW 104 AVE, CUTLER BAY, FL, 33157
Since: 2026-04-19
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$97,395
Median Home Value$602,600
Pop. Density469/sq mi
Neighborhood 33170
61%
Owner-Occ
39%
Investor
24
Flips (4yr)
20
New Biz (3yr)
Distress Risk
ELEVATED
41
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