5990 PARADISE POINT DR, Palmetto Bay, FL 33157

5990 PARADISE POINT DR, Palmetto Bay, FL 33157 is a 2-bedroom, 2-bathroom residential - total value : townhouse built in 1985 with 2,651 square feet of living space on a 2,830 square foot lot. The property is currently owned by GABRIEL HERRERO, 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 2017-03-27 for $740,000, when JOHN O ROURKE III sold to GABRIEL HERRERO. The property has appreciated $235,000 (47%) since the prior sale of $505,000 on 2012-01-06. There are 3 recorded sales for this property.

The 2025 assessed value is $1,205,000 with a market value of $1,205,000. The assessed value increased 5% from $1,150,000 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.

5990 PARADISE POINT DR, Palmetto Bay, FL 33157 is located in Palmetto Bay, Florida. Property records, tax assessments, sales history, and ownership information for this Palmetto Bay property are sourced from miami_dade County public records. The complete ownership history of this property spans from 2006 to 2017, with 3 recorded transactions in the public record.

The current assessed value represents 163% 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. Based on the most recent sale, this property traded at $279 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..