7720 SW 138 TER, Palmetto Bay, FL 33158

Parcel: 3350220240150 · Residential - Single Family · 1 Unit · Zoning: 2100

Assessed Value (2025)
$454,477

Property Details

Beds
3
Baths
2
Living Sqft
2,368
Year Built
1965
Lot Sqft
17,760
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$285,000
1999-08-01
2
$600,000+111%
2005-08-01
3
$605,500+1%
2007-11-01

Tax Assessment History

$454,477
Assessed (2025)
$969,769
Market Value
$403,755
Taxable Value
$8,220
Annual Tax
2024
$441,669
$939,101
2025
$454,477
$969,769
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $454,477 $969,769 $403,755 $8,220
2024 $441,669 $939,101 $391,669 $7,974

About 7720 SW 138 TER, Palmetto Bay, FL 33158

7720 SW 138 TER, Palmetto Bay, FL 33158 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1965 with 2,368 square feet of living space on a 17,760 square foot lot. The property is currently owned by LEON MANDELBAUM &W BLYTHE ELLEN MANDELBAUM, 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 2007-11-01 for $605,500. The property has appreciated $5,500 (1%) since the prior sale of $600,000 on 2005-08-01. There are 3 recorded sales for this property.

The 2025 assessed value is $454,477 with a market value of $969,769. This breaks down to $639,360 for the land and $330,409 for the building. The assessed value increased 3% from $441,669 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. 7720 SW 138 TER, 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 2007, with 3 recorded transactions in the public record. The current assessed value represents 75% of the most recent sale price.

Based on the most recent sale, this property traded at $256 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..

Current Owner

LEON MANDELBAUM &W BLYTHE ELLEN MANDELBAUM
7720 SW 138 TERR, PALMETTO BAY, FL, 33158-1121
Since: 2026-04-19
View owner profile →

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$5,853 — $10,798
Flood $400 — $800
Property/Wind $5,453 — $9,998

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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