Palmetto Bay, FL 33157
Parcel: 3350330040131 · Vacant Land - Commercial · Vacant Land · Zoning: 6800
Assessed Value (2025)
$220,745
Sales History
1
$600,000
2004-06-01
2
$600,000
2006-09-01
3
$1,445,000+141%
2018-08-15
MENGAR HOLDINGS AT 16901 LLC → FORTUNA C LLC
Tax Assessment History
$220,745
Assessed (2025)
$220,745
Market Value
$220,745
Taxable Value
$4,494
Annual Tax
2024
$220,745
2025
$220,745
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $220,745 | $220,745 | $220,745 | $4,494 | $220,745 | $0 |
| 2024 | $220,745 | $220,745 | $220,745 | $4,494 | $220,745 | $0 |
About Palmetto Bay, FL 33157
Palmetto Bay, FL 33157 is a property. The property is currently owned by FORTUNA C 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 2018-08-15 for $1,445,000, when MENGAR HOLDINGS AT 16901 LLC sold to FORTUNA C LLC. The property has appreciated $845,000 (141%) since the prior sale of $600,000 on 2006-09-01. There are 3 recorded sales for this property.
The 2025 assessed value is $220,745 with a market value of $220,745. 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.
There are active mortgage liens totaling $226,390 recorded against this property. The complete ownership history of this property spans from 2004 to 2018, with 3 recorded transactions in the public record. The current assessed value represents 15% 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..
Current Owner
FORTUNA C LLC
1001 BRICKELL BAY DR STE 2650, MIAMI, FL, 33131
Since: 2026-04-19
View owner profile →
People Behind This Entity
Est. Annual Insurance
$2,607 — $4,773
Flood $400 — $800
Property/Wind $2,207 — $3,973
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$87,096
Median Home Value$608,000
Pop. Density4,240/sq mi
Neighborhood 33157
46.3%
Owner-Occ
53.7%
Investor
161
Flips (4yr)
2,488
New Biz (3yr)
Distress Risk
MODERATE
36
Mortgages
ACTIVE
$698,500
BANESCO USA · 2022-12-08
Est. Total Balance $226,390
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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