7848 SW 139 TER, Palmetto Bay, FL 33158

7848 SW 139 TER, Palmetto Bay, FL 33158 is a 4-bedroom, 2-bathroom residential - single family : 1 unit built in 1964 with 2,192 square feet of living space on a 18,399 square foot lot. The property is currently owned by HERSHELL GILL &W VIVIAN, 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 1986-03-01 for $136,000. The property has appreciated $77,300 (132%) since the prior sale of $58,700 on 1971-06-01. The 2025 assessed value is $288,154 with a market value of $956,817.

This breaks down to $662,364 for the land and $294,453 for the building. The assessed value increased 3% from $280,034 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. 7848 SW 139 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 1971 to 1986, with 2 recorded transactions in the public record. The current assessed value represents 212% 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 $62 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..