8590 SW 140 TER, Palmetto Bay, FL 33158

Parcel: 3350220530080 · Residential - Single Family · 1 Unit · Zoning: 2100

Assessed Value (2025)
$425,073

Property Details

Beds
3
Baths
2
Living Sqft
1,952
Year Built
1984
Lot Sqft
15,333
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$193,000
1998-09-01
2
$500,000+159%
2007-05-01
3
$100non-market transfer
2012-04-30
VARANAVASI GOVINDARAJU &WVARAN GOVIND

Tax Assessment History

$425,073
Assessed (2025)
$858,169
Market Value
$374,351
Taxable Value
$7,621
Annual Tax
2024
$413,094
$869,838
2025
$425,073
$858,169
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $425,073 $858,169 $374,351 $7,621
2024 $413,094 $869,838 $363,094 $7,392

About 8590 SW 140 TER, Palmetto Bay, FL 33158

8590 SW 140 TER, Palmetto Bay, FL 33158 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1984 with 1,952 square feet of living space on a 15,333 square foot lot. The property is currently owned by VARAN GOVIND RATHI GOVIND, 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 2012-04-30 for $100, when VARANAVASI GOVINDARAJU &W sold to VARAN GOVIND. The property sold for $499,900 less than the prior sale of $500,000 on 2007-05-01. There are 3 recorded sales for this property.

The 2025 assessed value is $425,073 with a market value of $858,169. This breaks down to $551,988 for the land and $306,181 for the building. The assessed value increased 3% from $413,094 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. 8590 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 1998 to 2012, with 3 recorded transactions in the public record..

Current Owner

VARAN GOVIND RATHI GOVIND
8590 SW 140 TER, PALMETTO BAY, FL, 33158
Since: 2026-04-19
View owner profile →

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$4,650 — $8,451
Flood $400 — $800
Property/Wind $4,250 — $7,651

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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