Palmetto Bay, FL 33157
Parcel: 3350250030270 · Vacant Residential · Vacant Land · Zoning: 2100
Assessed Value (2025)
$480,806
Sales History
1
$375,000
1984-03-01
Tax Assessment History
$480,806
Assessed (2025)
$868,210
Market Value
$480,806
Taxable Value
$9,789
Annual Tax
2024
$437,097
$736,411
2025
$480,806
$868,210
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $480,806 | $868,210 | $480,806 | $9,789 | $868,210 | $0 |
| 2024 | $437,097 | $736,411 | $437,097 | $8,899 | $736,411 | $0 |
About Palmetto Bay, FL 33157
Palmetto Bay, FL 33157 is a property. The property is currently owned by RICHARD ENGEL &W SANDRA, 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 1984-03-01 for $375,000. The 2025 assessed value is $480,806 with a market value of $868,210. The assessed value increased 10% from $437,097 in 2024.
This property is located in FEMA Flood Zone AE, a Special Flood Hazard Area with a 1% annual chance of flooding (100-year floodplain). Flood insurance is typically required by lenders for properties in this zone. The median household income in this area is $216,711, and the median home value is $866,300.
The population density is 2,542 people per square mile. The current assessed value represents 128% 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
RICHARD ENGEL &W SANDRA
6695 ROYAL PALM DR, MIAMI, FL, 33157-2606
Since: 2026-04-19
View owner profile →
Flood Zone
Zone AE
Special Flood Hazard Area
Est. Annual Insurance
$5,208 — $9,454
Flood $400 — $800
Property/Wind $4,808 — $8,654
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$216,711
Median Home Value$866,300
Pop. Density2,542/sq mi
Neighborhood 33157
46.3%
Owner-Occ
53.7%
Investor
161
Flips (4yr)
2,488
New Biz (3yr)
Distress Risk
MODERATE
36
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