8501 SW 147 TER, Palmetto Bay, FL 33158
Parcel: 3350220350270 · Residential - Single Family · 1 Unit · Zoning: 2100
Assessed Value (2025)
$725,595
Property Details
Beds
5
Baths
3
Living Sqft
2,182
Year Built
1969
Lot Sqft
15,000
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT
Sales History
1
N/Anon-market transfer
2025-08-19
MARY LEE POWERS WHEELER EST OF → JAMES WILLIAM WHEELER III
2
N/A
2025-08-20
Tax Assessment History
$725,595
Assessed (2025)
$725,595
Market Value
$725,595
Taxable Value
$14,773
Annual Tax
2024
$847,580
2025
$725,595
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $725,595 | $725,595 | $725,595 | $14,773 | $540,000 | $185,595 |
| 2024 | $847,580 | $847,580 | $847,580 | $17,256 | $555,000 | $292,580 |
About 8501 SW 147 TER, Palmetto Bay, FL 33158
8501 SW 147 TER, Palmetto Bay, FL 33158 is a 5-bedroom, 3-bathroom residential - single family : 1 unit built in 1969 with 2,182 square feet of living space on a 15,000 square foot lot. The property is currently owned by JAMES WILLIAM WHEELER III ROBERT POWERS WHEELER, recorded as of 2026-04-19. The mailing address differs from the property address, suggesting this may be an investment property or rental.
The 2025 assessed value is $725,595 with a market value of $725,595. This breaks down to $540,000 for the land and $185,595 for the building. The assessed value decreased 14% from $847,580 in 2024.
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. 8501 SW 147 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 2025 to 2025, with 2 recorded transactions in the public record..
Current Owner
JAMES WILLIAM WHEELER III ROBERT POWERS WHEELER
10735 SW 168 TER, MIAMI, FL, 33156
Since: 2026-04-19
View owner profile →
Est. Annual Insurance
$9,107 — $16,763
Flood $400 — $800
Property/Wind $8,707 — $15,963
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
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