Palmetto Bay, FL 33170
Parcel: 3069220000081 · Container Nursery Above-Gr · Vacant Land · Zoning: 9000
Assessed Value (2025)
$190,941
Sales History
1
N/Anon-market transfer
1989-10-01
2
$180,000
2004-01-01
3
$525,000+192%
2008-05-27
JOSEPH A SIEGMEISTER &W LAURA P → CORYPHA LLC
Tax Assessment History
$190,941
Assessed (2025)
$616,200
Market Value
$190,941
Taxable Value
$3,887
Annual Tax
2024
$174,417
$497,700
2025
$190,941
$616,200
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $190,941 | $616,200 | $190,941 | $3,887 | $616,200 | $0 |
| 2024 | $174,417 | $497,700 | $174,417 | $3,551 | $497,700 | $0 |
About Palmetto Bay, FL 33170
Palmetto Bay, FL 33170 is a property. The property is currently owned by CORYPHA 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 2008-05-27 for $525,000, when JOSEPH A SIEGMEISTER &W LAURA P sold to CORYPHA LLC. The property has appreciated $345,000 (192%) since the prior sale of $180,000 on 2004-01-01. There are 3 recorded sales for this property.
The 2025 assessed value is $190,941 with a market value of $616,200. The assessed value increased 9% from $174,417 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 1989 to 2008, with 3 recorded transactions in the public record. The current assessed value represents 36% 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..
Building Permits (1)
| Permit # | Type | Description | Status | Date | Cost |
|---|---|---|---|---|---|
| C2004173531 | limp | expired | — |
Current Owner
CORYPHA LLC
24850 SW 187 AVE, HOMESTEAD, FL, 33031
Since: 2026-03-29
View owner profile →
People Behind This Entity
Flood Zone
Zone X
Minimal risk
Est. Annual Insurance
$2,309 — $4,236
Flood $400 — $800
Property/Wind $1,909 — $3,436
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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