8482 SW 137 ST, Palmetto Bay, FL 33158

8482 SW 137 ST, Palmetto Bay, FL 33158 is a 4-bedroom, 3-bathroom residential - single family : 1 unit built in 1998 with 3,617 square feet of living space on a 12,170 square foot lot. The property is currently owned by ALVARO MONTENEGRO DIANA FLOREZ, 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 2019-04-05 for $785,000, when RENE DAHDAH &W LOURDES sold to ALVARO MONTENEGRO. The property sold for $10,000 less than the prior sale of $795,000 on 2005-06-01. There are 3 recorded sales for this property.

The 2025 assessed value is $1,113,053 with a market value of $1,113,053. This breaks down to $486,800 for the land and $626,253 for the building. The assessed value increased 22% from $912,961 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. 8482 SW 137 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 2004 to 2019, with 3 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 $217 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..