8616 SW 139 TER, Palmetto Bay, FL 33158

Parcel: 3350220560690 · Residential - Single Family · Cluster Home · Zoning: 2800

Assessed Value (2025)
$637,830

Property Details

Beds
3
Baths
3
Living Sqft
2,344
Year Built
1998
Lot Sqft
2,578
Stories
2
RESIDENTIAL - SINGLE FAMILY : CLUSTER HOME

Sales History

1
$405,000
2002-07-01
2
$571,000+41%
2015-02-27
EDGAR CHERNER LYNDA EAGER WELLENS
3
$850,000+49%
2024-02-15
LYNDA EAGER WELLENSKATALINA OLANIEL
4
$850,000
2024-02-16

Tax Assessment History

$637,830
Assessed (2025)
$637,830
Market Value
$637,830
Taxable Value
$12,986
Annual Tax
2024
$452,727
$566,332
2025
$637,830
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $637,830 $637,830 $637,830 $12,986
2024 $452,727 $566,332 $402,727 $8,199

About 8616 SW 139 TER, Palmetto Bay, FL 33158

8616 SW 139 TER, Palmetto Bay, FL 33158 is a 3-bedroom, 3-bathroom residential - single family : cluster home built in 1998 with 2,344 square feet of living space on a 2,578 square foot lot. The property is currently owned by KATALINA OLANIEL, 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 2024-02-16 for $850,000. There are 4 recorded sales for this property. The 2025 assessed value is $637,830 with a market value of $637,830.

This breaks down to $185,460 for the land and $452,370 for the building. The assessed value increased 41% from $452,727 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.

There are active mortgage liens totaling $60,151 recorded against this property. 8616 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 2002 to 2024, with 4 recorded transactions in the public record. The current assessed value represents 75% of the most recent sale price. Based on the most recent sale, this property traded at $363 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..

Current Owner

KATALINA OLANIEL
8616 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

$5,502 — $9,729
Flood $400 — $800
Property/Wind $5,102 — $8,929

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 →

Mortgages

ACTIVE
$75,000
~$60,151 bal.
UNIVERSITY CREDIT UNION · 2023-11-07
Est. Total Balance $60,151
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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