7840 SW 139 TER, Palmetto Bay, FL 33158

Parcel: 3350220240300 · Residential - Single Family · 1 Unit · Zoning: 2100

Assessed Value (2025)
$1,301,555

Property Details

Beds
4
Baths
3
Living Sqft
2,895
Year Built
1965
Lot Sqft
27,315
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$215,000
1989-06-01
2
$247,000+15%
1995-06-01
3
$1,300,000+426%
2024-04-05
JAIME E MARROU &W MILAGROSJESUS L LARA
4
$1,300,000
2024-04-19

Tax Assessment History

$1,301,555
Assessed (2025)
$1,301,555
Market Value
$1,250,833
Taxable Value
$25,466
Annual Tax
2024
$528,783
$1,156,425
2025
$1,301,555
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $1,301,555 $1,301,555 $1,250,833 $25,466
2024 $528,783 $1,156,425 $478,783 $9,748

About 7840 SW 139 TER, Palmetto Bay, FL 33158

7840 SW 139 TER, Palmetto Bay, FL 33158 is a 4-bedroom, 3-bathroom residential - single family : 1 unit built in 1965 with 2,895 square feet of living space on a 27,315 square foot lot. The property is currently owned by JESUS L LARA REBEKA LIMA LARA, 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 2024-04-19 for $1,300,000. There are 4 recorded sales for this property. The 2025 assessed value is $1,301,555 with a market value of $1,301,555.

This breaks down to $928,710 for the land and $372,845 for the building. The assessed value increased 146% from $528,783 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. There are active mortgage liens totaling $1,016,299 recorded against this property. 7840 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 1989 to 2024, with 4 recorded transactions in the public record. The current assessed value represents 100% of the most recent sale price.

Based on the most recent sale, this property traded at $449 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..

Current Owner

JESUS L LARA REBEKA LIMA LARA
7840 SW 139 TER, PALMETTO BAY, FL, 33158
Since: 2026-04-19
View owner profile →

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$16,018 — $29,434
Flood $400 — $800
Property/Wind $15,618 — $28,634

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 →

Mortgages

ACTIVE
$1,040,000
~$1,016,299 bal.
CITIBANK · 2024-04-19
1 satisfied mortgage
SATISFIED 2021-11-15
$337,000
NATIONSTAR MORTGAGE LLC
Est. Total Balance $1,016,299
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
Zoom in to see property sales