5848 PARADISE POINT DR, Palmetto Bay, FL 33157

5848 PARADISE POINT DR, Palmetto Bay, FL 33157 is a 4-bedroom, 5-bathroom residential - single family : cluster home built in 2004 with 5,870 square feet of living space on a 5,527 square foot lot. The property is currently owned by THOMAS H NORMAN MELISSA K NORMAN, 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 2025-05-12 for $5,086,000. There are 5 recorded sales for this property. The 2025 assessed value is $2,353,917 with a market value of $2,353,917.

This breaks down to $718,381 for the land and $1,635,536 for the building. The assessed value decreased 1% from $2,374,361 in 2024. 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. 5848 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 2021 to 2025, with 5 recorded transactions in the public record. The current assessed value represents 46% 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.

Based on the most recent sale, this property traded at $866 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..