8520 SW 150 TER, Palmetto Bay, FL 33158

8520 SW 150 TER, Palmetto Bay, FL 33158 is a 5-bedroom, 3-bathroom residential - single family : 1 unit built in 1968 with 2,123 square feet of living space on a 15,008 square foot lot. The property is currently owned by ROBERT GORMAN TARA GORMAN, 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 2015-07-13 for $465,000, when PETER B UPPERCO &W ELIZABETH A sold to ROBERT GORMAN. The property has appreciated $233,000 (100%) since the prior sale of $232,000 on 1999-07-01. There are 3 recorded sales for this property.

The 2025 assessed value is $431,553 with a market value of $844,898. This breaks down to $540,288 for the land and $304,610 for the building. The assessed value increased 3% from $419,391 in 2024.

The property has the following tax exemptions: homestead. 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.

8520 SW 150 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 1996 to 2015, with 3 recorded transactions in the public record.

The current assessed value represents 93% of the most recent sale price. Based on the most recent sale, this property traded at $219 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..