7720 SW 147 TER, Palmetto Bay, FL 33158

7720 SW 147 TER, Palmetto Bay, FL 33158 is a 5-bedroom, 4-bathroom residential - single family : 1 unit built in 1976 with 3,331 square feet of living space on a 27,800 square foot lot. The property is currently owned by LUIS A AYALA GARBRIELA MARTINEZ FONTS, 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 2025-06-17 for $1,800,000. There are 4 recorded sales for this property. The 2025 assessed value is $1,137,515 with a market value of $1,354,543.

This breaks down to $945,200 for the land and $409,343 for the building. The assessed value increased 10% from $1,034,105 in 2024. 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 $170,813, and the median home value is $1,035,600. The population density is 1,945 people per square mile.

There are active mortgage liens totaling $1,425,469 recorded against this property. 7720 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 1997 to 2025, with 4 recorded transactions in the public record. The current assessed value represents 63% of the most recent sale price. This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase.

There are 2 active building permits on this property with a combined estimated cost of $37,931, indicating ongoing construction or renovation work. Based on the most recent sale, this property traded at $540 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..