5962 PARADISE POINT DR, Palmetto Bay, FL 33157

Parcel: 3350250050450 · Residential · Townhouse · Zoning: 2800

Assessed Value (2025)
$1,594,950

Property Details

Beds
4
Baths
3
Living Sqft
3,865
Year Built
1984
Lot Sqft
2,335
Stories
3
RESIDENTIAL - TOTAL VALUE : TOWNHOUSE

Sales History

1
$238,000
1993-05-01
2
$850,000+257%
2018-05-15
BARBARA BERMAN ALEXANDER K SCHMITT
3
$1,625,000+91%
2023-08-25
ALEXANDER K SCHMITTOLIVER REPENNING
4
$1,625,000
2023-09-05

Tax Assessment History

$1,594,950
Assessed (2025)
$1,625,000
Market Value
$1,544,228
Taxable Value
$31,439
Annual Tax
2024
$1,550,000
2025
$1,594,950
$1,625,000
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $1,594,950 $1,625,000 $1,544,228 $31,439
2024 $1,550,000 $1,550,000 $1,500,000 $30,539

About 5962 PARADISE POINT DR, Palmetto Bay, FL 33157

5962 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 2,335 square foot lot. The property is currently owned by OLIVER REPENNING DEBRA REPENNING, recorded as of 2026-04-19. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2023-09-05 for $1,625,000. There are 4 recorded sales for this property. The 2025 assessed value is $1,594,950 with a market value of $1,625,000.

The assessed value increased 3% from $1,550,000 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.

There are active mortgage liens totaling $1,103,678 recorded against this property. 5962 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 1993 to 2023, with 4 recorded transactions in the public record. The current assessed value represents 98% of the most recent sale price. Based on the most recent sale, this property traded at $420 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..

Current Owner

OLIVER REPENNING DEBRA REPENNING
5962 PARADISE POINT DR, PALMETTO BAY, FL, 33157
Since: 2026-04-19
View owner profile →

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$16,349 — $29,509
Flood $400 — $800
Property/Wind $15,949 — $28,709

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 →

Mortgages

ACTIVE
$1,137,500
~$1,103,678 bal.
JPMORGAN CHASE BANK NA · 2023-09-05
Est. Total Balance $1,103,678
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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