5855 PARADISE POINT DR, Palmetto Bay, FL None

5855 PARADISE POINT DR, Palmetto Bay, FL None is a 3-bedroom, 4-bathroom residential - single family : cluster home built in 2000 with 3,926 square feet of living space on a 6,623 square foot lot. The property is currently owned by PARADISE 58 LLC, 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 2021-12-23 for $2,314,000, when JOANN SZARO sold to PARADISE 58 LLC. The property has appreciated $1,034,000 (81%) since the prior sale of $1,280,000 on 2000-11-01. The 2025 assessed value is $2,011,558 with a market value of $2,011,558.

This breaks down to $820,496 for the land and $1,191,062 for the building. The assessed value increased 8% from $1,866,548 in 2024. This property is located in FEMA Flood Zone VE, a high-risk coastal flood zone with additional wave action hazards.

This is the highest-risk flood designation, and flood insurance is required. 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 $1,938,546 recorded against this property. 5855 PARADISE POINT DR, Palmetto Bay, FL None 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 2000 to 2021, with 2 recorded transactions in the public record. The current assessed value represents 87% of the most recent sale price. Based on the most recent sale, this property traded at $589 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..