8701 SW 141 ST L1, Palmetto Bay, FL 33176

8701 SW 141 ST L1, Palmetto Bay, FL 33176 is a 2-bedroom, 2-bathroom residential - total value : condominium - residential built in 1968 with 777 square feet of living space. The property is currently owned by CASA GRANADA INVESTMENT HOLDING INC, 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 2017-05-05 for $140,000, when LINDA S PETRILLO sold to CASA GRANADA INVESTMENT. The property has appreciated $15,000 (12%) since the prior sale of $125,000 on 2005-05-01. There are 3 recorded sales for this property.

The 2025 assessed value is $180,810 with a market value of $202,466. The assessed value increased 10% from $164,373 in 2024. This property is located in FEMA Flood Zone AE, a Special Flood Hazard Area with a 1% annual chance of flooding (100-year floodplain).

Flood insurance is typically required by lenders for properties in this zone. 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.

There are active mortgage liens totaling $162,389 recorded against this property. 8701 SW 141 ST L1, 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 1996 to 2017, with 3 recorded transactions in the public record. The current assessed value represents 129% 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 $180 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..