13840 SW 78 PL, Palmetto Bay, FL 33158

13840 SW 78 PL, Palmetto Bay, FL 33158 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1957 with 1,814 square feet of living space on a 15,000 square foot lot. The property is currently owned by RICHARD FREEDLAND, 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 1978-12-01 for $67,400. The property has appreciated $67,399 (6739900%) since the prior sale of $1 on 1977-09-01. There are 3 recorded sales for this property.

The 2025 assessed value is $259,754 with a market value of $793,587. This breaks down to $540,000 for the land and $253,587 for the building. The assessed value increased 3% from $252,434 in 2024.

The property has the following tax exemptions: homestead. 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. 13840 SW 78 PL, 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 1977 to 1978, with 3 recorded transactions in the public record. The current assessed value represents 385% 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 $37 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..