Palmetto Bay, FL 33170

Palmetto Bay, FL 33170 is a property. The property is currently owned by NORBERTO FERNANDEZ &W CARMEL C, 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 1995-08-01 for $210,000. The property has appreciated $20,000 (11%) since the prior sale of $190,000 on 1982-11-01. The 2025 assessed value is $694,182 with a market value of $1,007,039.

This breaks down to $1,002,119 for the land and $4,920 for the building. The assessed value increased 10% from $631,075 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 1982 to 1995, with 2 recorded transactions in the public record. The current assessed value represents 331% 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..