9705 E HIBISCUS ST, Palmetto Bay, FL 33157

9705 E HIBISCUS ST, Palmetto Bay, FL 33157 is a municipal : municipal built in 2012 with 24,532 square feet of living space on a 113,100 square foot lot. The property is currently owned by VILLAGE OF PALMETTO BAY, 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 2009-04-10 for $4,050,000, when 9705 E HIBISCUS LLC sold to VILLAGE OF PALMETTO BAY FLA. The property has appreciated $950,000 (31%) since the prior sale of $3,100,000 on 2005-06-01. There are 3 recorded sales for this property.

The 2025 assessed value is $8,335,512 with a market value of $8,335,512. This breaks down to $4,524,000 for the land and $3,811,512 for the building. The assessed value decreased 1% from $8,377,943 in 2024.

The median household income in this area is $87,096, and the median home value is $608,000. The population density is 4,240 people per square mile. 9705 E HIBISCUS ST, 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 2001 to 2009, with 3 recorded transactions in the public record. The current assessed value represents 206% of the most recent sale price.

This high ratio could indicate the property was purchased below market value — a potential sign of a distressed sale or off-market deal. Based on the most recent sale, this property traded at $165 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..