8340 SW 142 ST, Palmetto Bay, FL 33158

8340 SW 142 ST, Palmetto Bay, FL 33158 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1968 with 2,138 square feet of living space on a 17,732 square foot lot. The property is currently owned by M E L D LLC, 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 2013-06-13 for $450,000, when NORMAN A MATHISEN &W CHRISTINE sold to M E L D LLC. The property has appreciated $285,000 (173%) since the prior sale of $165,000 on 1988-07-01. The 2025 assessed value is $725,314 with a market value of $938,273.

This breaks down to $638,352 for the land and $299,921 for the building. The assessed value increased 10% from $659,377 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.

8340 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 1988 to 2013, with 2 recorded transactions in the public record.

The current assessed value represents 161% 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 $210 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..