8531 SW 139 TER, Palmetto Bay, FL 33158

Parcel: 3350220560520 · Residential - Single Family · Cluster Home · Zoning: 2800

Assessed Value (2025)
$359,079

Property Details

Beds
3
Baths
3
Living Sqft
2,344
Year Built
1997
Lot Sqft
3,064
Stories
2
RESIDENTIAL - SINGLE FAMILY : CLUSTER HOME

Sales History

1
N/Anon-market transfer
1998-09-01
2
$475,000
2019-07-15
HILLELENE S LUSTIG (TR)JOEL M BARNETT LE
3
$100non-market transfer
2020-10-29
REM MOLLY E BARNETTJOEL M BARNETT

Tax Assessment History

$359,079
Assessed (2025)
$627,841
Market Value
$308,357
Taxable Value
$6,278
Annual Tax
2024
$348,960
$609,513
2025
$359,079
$627,841
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $359,079 $627,841 $308,357 $6,278
2024 $348,960 $609,513 $298,960 $6,087

About 8531 SW 139 TER, Palmetto Bay, FL 33158

8531 SW 139 TER, Palmetto Bay, FL 33158 is a 3-bedroom, 3-bathroom residential - single family : cluster home built in 1997 with 2,344 square feet of living space on a 3,064 square foot lot. The property is currently owned by JOEL M BARNETT SUSAN C BARNETT, 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 2020-10-29 for $100, when REM MOLLY E BARNETT sold to JOEL M BARNETT. The property sold for $474,900 less than the prior sale of $475,000 on 2019-07-15. There are 3 recorded sales for this property.

The 2025 assessed value is $359,079 with a market value of $627,841. This breaks down to $212,240 for the land and $415,601 for the building. The assessed value increased 3% from $348,960 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. 8531 SW 139 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 2020, with 3 recorded transactions in the public record..

Current Owner

JOEL M BARNETT SUSAN C BARNETT
8531 SW 139 TER, PALMETTO BAY, FL, 33158
Since: 2026-04-19
View owner profile →

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$3,272 — $5,827
Flood $400 — $800
Property/Wind $2,872 — $5,027

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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