8240 SW 148 DR, Palmetto Bay, FL 33158

Parcel: 3350220040050 · Residential - Single Family · 1 Unit · Zoning: 2100

Assessed Value (2025)
$486,949

Property Details

Beds
3
Baths
2
Living Sqft
3,024
Year Built
1960
Lot Sqft
15,120
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$176,500
1991-10-01
2
$188,000+7%
1996-12-01
3
$220,000+17%
1999-12-01

Tax Assessment History

$486,949
Assessed (2025)
$962,864
Market Value
$436,227
Taxable Value
$8,881
Annual Tax
2024
$473,226
$977,700
2025
$486,949
$962,864
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $486,949 $962,864 $436,227 $8,881
2024 $473,226 $977,700 $423,226 $8,617

About 8240 SW 148 DR, Palmetto Bay, FL 33158

8240 SW 148 DR, Palmetto Bay, FL 33158 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1960 with 3,024 square feet of living space on a 15,120 square foot lot. The property is currently owned by BONIFACE BASTIAN &W JO ANNA, 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 1999-12-01 for $220,000. The property has appreciated $32,000 (17%) since the prior sale of $188,000 on 1996-12-01. There are 3 recorded sales for this property.

The 2025 assessed value is $486,949 with a market value of $962,864. This breaks down to $544,320 for the land and $418,544 for the building. The assessed value increased 3% from $473,226 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.

8240 SW 148 DR, 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 1991 to 1999, with 3 recorded transactions in the public record.

The current assessed value represents 221% 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 $73 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..

Current Owner

BONIFACE BASTIAN &W JO ANNA
8240 SW 148 DR, MIAMI, FL, 33158-1936
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$6,243 — $11,512
Flood $400 — $800
Property/Wind $5,843 — $10,712

Estimate based on FEMA flood zone, property value, and year built. Actual premiums vary based on elevation, mitigation features, roof condition, and insurer. Not a quote.

Neighborhood

Median Income$106,801
Median Home Value$825,900
Pop. Density3,364/sq mi

Neighborhood 33158

60.2%
Owner-Occ
39.8%
Investor
20
Flips (4yr)
346
New Biz (3yr)
Distress Risk
MODERATE
25
View full risk analysis →
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