8055 SW 138 ST, Palmetto Bay, FL 33158

8055 SW 138 ST, Palmetto Bay, FL 33158 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1959 with 2,415 square feet of living space on a 14,358 square foot lot. The property is currently owned by MERCEDES HUAMAN CASTILLA, 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 2016-04-11 for $486,000, when 8055 SW 138TH ST LLC sold to MERCEDES HUAMAN CASTILLA. The property has appreciated $239,900 (97%) since the prior sale of $246,100 on 2015-06-18. There are 3 recorded sales for this property.

The 2025 assessed value is $667,661 with a market value of $758,813. This breaks down to $516,888 for the land and $241,925 for the building. The assessed value increased 10% from $606,965 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. 8055 SW 138 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 1998 to 2016, with 3 recorded transactions in the public record. The current assessed value represents 137% 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 $201 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..