7971 SW 140 TER, Palmetto Bay, FL 33158

Parcel: 3350220290040 · Residential - Single Family · 1 Unit · Zoning: 2100

Assessed Value (2025)
$552,263

Property Details

Beds
4
Baths
2
Living Sqft
2,246
Year Built
1968
Lot Sqft
19,127
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
N/Anon-market transfer
2000-11-01
2
$512,000
2009-12-22
ANTOINETTE L NOVOTNEY (TRUST)LISA SOKOL
3
$100non-market transfer
2024-06-05
LISA SOKOLLISA D SOKOL TRS
4
N/A
2024-06-07

Tax Assessment History

$552,263
Assessed (2025)
$1,013,666
Market Value
$501,541
Taxable Value
$10,211
Annual Tax
2024
$536,699
$975,853
2025
$552,263
$1,013,666
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $552,263 $1,013,666 $501,541 $10,211
2024 $536,699 $975,853 $486,699 $9,909

About 7971 SW 140 TER, Palmetto Bay, FL 33158

7971 SW 140 TER, Palmetto Bay, FL 33158 is a 4-bedroom, 2-bathroom residential - single family : 1 unit built in 1968 with 2,246 square feet of living space on a 19,127 square foot lot. The property is currently owned by LISA D SOKOL TRS THE LISA D SOKOL TRUST, recorded as of 2026-04-19. The owner appears to be owner-occupied based on the mailing address matching the property address.

There are 4 recorded sales for this property. The 2025 assessed value is $552,263 with a market value of $1,013,666. This breaks down to $688,572 for the land and $325,094 for the building.

The assessed value increased 3% from $536,699 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.

7971 SW 140 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 2000 to 2024, with 4 recorded transactions in the public record..

Current Owner

LISA D SOKOL TRS THE LISA D SOKOL TRUST
7971 SW 140 TER, PALMETTO BAY, FL, 33158
Since: 2026-04-19
View owner profile →

People Behind This Entity

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$7,027 — $12,949
Flood $400 — $800
Property/Wind $6,627 — $12,149

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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