5974 PARADISE POINT DR, Palmetto Bay, FL 33157

Parcel: 3350250050420 · Residential · Townhouse · Zoning: 2800

Assessed Value (2025)
$684,870

Property Details

Beds
4
Baths
3
Living Sqft
3,865
Year Built
1984
Lot Sqft
2,506
Stories
3
RESIDENTIAL - TOTAL VALUE : TOWNHOUSE

Sales History

1
N/Anon-market transfer
1988-03-01
2
N/Anon-market transfer
1988-10-01
3
$600,000
1991-11-01

Tax Assessment History

$684,870
Assessed (2025)
$1,625,000
Market Value
$634,148
Taxable Value
$12,911
Annual Tax
2024
$665,569
$1,550,000
2025
$684,870
$1,625,000
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $684,870 $1,625,000 $634,148 $12,911
2024 $665,569 $1,550,000 $615,569 $12,532

About 5974 PARADISE POINT DR, Palmetto Bay, FL 33157

5974 PARADISE POINT DR, Palmetto Bay, FL 33157 is a 4-bedroom, 3-bathroom residential - total value : townhouse built in 1984 with 3,865 square feet of living space on a 2,506 square foot lot. The property is currently owned by RICHARD LIPMAN &W JACQUELINE, 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 1991-11-01 for $600,000. There are 3 recorded sales for this property. The 2025 assessed value is $684,870 with a market value of $1,625,000.

The assessed value increased 3% from $665,569 in 2024. The property has the following tax exemptions: homestead. 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.

5974 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 1988 to 1991, with 3 recorded transactions in the public record.

The current assessed value represents 114% of the most recent sale price. Based on the most recent sale, this property traded at $155 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..

Current Owner

RICHARD LIPMAN &W JACQUELINE
5974 SW 152 ST, MIAMI, FL, 33157-2633
Since: 2026-04-19
View owner profile →

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$7,248 — $13,127
Flood $400 — $800
Property/Wind $6,848 — $12,327

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
View full risk analysis →
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