8420 SW 136 TER, Palmetto Bay, FL 33158

8420 SW 136 TER, Palmetto Bay, FL 33158 is a 5-bedroom, 4-bathroom residential - single family : 1 unit built in 1996 with 3,730 square feet of living space on a 12,122 square foot lot. The property is currently owned by DELMAR DEVELOPMENTS LLC, recorded as of 2026-04-19. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2009-06-23 for $770,000, when MICHAEL DADY sold to DELMAR DEVELOPMENTS LLC. The property sold for $55,000 less than the prior sale of $825,000 on 2008-05-01. There are 3 recorded sales for this property.

The 2025 assessed value is $1,011,153 with a market value of $1,116,674. This breaks down to $484,880 for the land and $631,794 for the building. The assessed value increased 10% from $919,230 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 $106,801, and the median home value is $825,900.

The population density is 3,364 people per square mile. 8420 SW 136 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 2004 to 2009, with 3 recorded transactions in the public record. The current assessed value represents 131% 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 $206 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..