8540 SW 147 ST, Palmetto Bay, FL 33158

8540 SW 147 ST, Palmetto Bay, FL 33158 is a 4-bedroom, 2-bathroom residential - single family : 1 unit built in 1969 with 1,920 square feet of living space on a 15,000 square foot lot. The property is currently owned by JAMES REED, 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 2024-12-19 for $545,000. There are 6 recorded sales for this property. The 2025 assessed value is $774,680 with a market value of $774,680.

This breaks down to $540,000 for the land and $234,680 for the building. The assessed value decreased 2% from $789,842 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. There are active mortgage liens totaling $598,632 recorded against this property. 8540 SW 147 ST, 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 2024, with 6 recorded transactions in the public record. The current assessed value represents 142% 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 $284 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..