8985 SW 149 TER, Palmetto Bay, FL 33176

8985 SW 149 TER, Palmetto Bay, FL 33176 is a 4-bedroom, 3-bathroom multifamily 2-9 units : 2 living units built in 1968 with 2,320 square feet of living space on a 9,126 square foot lot. The property is currently owned by MICHAEL T SANG C0-TRS MIAMI FR 401K TRUST, 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 2020-07-09 for $900,000, when CORAL GABLES TRUST CO SUCC-TRS sold to MICHAEL T SANG C0-TRS. The 2025 assessed value is $546,849 with a market value of $546,849. This breaks down to $346,788 for the land and $200,061 for the building.

The assessed value increased 6% from $516,447 in 2024. The median household income in this area is $106,801, and the median home value is $825,900. The population density is 3,364 people per square mile.

8985 SW 149 TER, Palmetto Bay, FL 33176 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 1998 to 2020, with 2 recorded transactions in the public record.

The current assessed value represents 61% 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 $388 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..