8621 SW 142 ST, Palmetto Bay, FL 33158

8621 SW 142 ST, Palmetto Bay, FL 33158 is a 5-bedroom, 4-bathroom residential - single family : 1 unit built in 2000 with 3,046 square feet of living space on a 17,644 square foot lot. The property is currently owned by JAMES MCGHEE &W JOYCE, 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 2000-09-01 for $420,000. The property has appreciated $245,000 (140%) since the prior sale of $175,000 on 1999-01-01. The 2025 assessed value is $742,429 with a market value of $1,356,567.

This breaks down to $635,184 for the land and $721,383 for the building. The assessed value increased 3% from $721,506 in 2024. The property has the following tax exemptions: homestead.

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. 8621 SW 142 ST, Palmetto Bay, FL 33158 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 1999 to 2000, with 2 recorded transactions in the public record. The current assessed value represents 177% 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 $138 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..