5840 PARADISE POINT DR, Palmetto Bay, FL 33157

Parcel: 3350250090060 · Residential - Single Family · Cluster Home · Zoning: 0102

Assessed Value (2025)
$1,216,834

Property Details

Beds
3
Baths
3
Living Sqft
2,829
Year Built
2001
Lot Sqft
5,040
Stories
3
RESIDENTIAL - SINGLE FAMILY : CLUSTER HOME

Sales History

1
$1,450,000
2009-12-10
DEVIN BENJAMINTERRY TERYI LAU
2
$2,050,000+41%
2021-03-15
TERRY TERYI LAUALBERT LOPEZ
3
$100non-market transfer
2021-10-19
ALBERT LOPEZALBERT J LOPEZ TRS

Tax Assessment History

$1,216,834
Assessed (2025)
$1,216,834
Market Value
$1,216,834
Taxable Value
$24,774
Annual Tax
2024
$1,403,237
$1,441,654
2025
$1,216,834
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $1,216,834 $1,216,834 $1,216,834 $24,774
2024 $1,403,237 $1,441,654 $1,403,237 $28,569

About 5840 PARADISE POINT DR, Palmetto Bay, FL 33157

5840 PARADISE POINT DR, Palmetto Bay, FL 33157 is a 3-bedroom, 3-bathroom residential - single family : cluster home built in 2001 with 2,829 square feet of living space on a 5,040 square foot lot. The property is currently owned by ALBERT J LOPEZ TRS ALBERT J LOPEZ REVOCABLE TR, 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 2021-10-19 for $100, when ALBERT LOPEZ sold to ALBERT J LOPEZ TRS. The property sold for $2,049,900 less than the prior sale of $2,050,000 on 2021-03-15. There are 3 recorded sales for this property.

The 2025 assessed value is $1,216,834 with a market value of $1,216,834. This breaks down to $655,071 for the land and $561,763 for the building. The assessed value decreased 13% from $1,403,237 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. 5840 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 2009 to 2021, with 3 recorded transactions in the public record..

Current Owner

ALBERT J LOPEZ TRS ALBERT J LOPEZ REVOCABLE TR
5840 PARADISE POINT DR, PALMETTO BAY, FL, 33157
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$10,134 — $17,835
Flood $400 — $800
Property/Wind $9,734 — $17,035

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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