7561 SW 138 ST, Palmetto Bay, FL 33158

Parcel: 3350230040190 · Residential - Single Family · 1 Unit · Zoning: 2100

Assessed Value (2025)
$581,892

Property Details

Beds
4
Baths
2
Living Sqft
1,849
Year Built
1959
Lot Sqft
17,110
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$90,500
1979-04-01
2
$581,000+542%
2016-02-26
JACK R SKIPPER &W MARCIA RUTH A ALPERIN TRS
3
$50,000-91%
2020-12-20
RUTH A ALPERIN TRSJUSTIN FAZOLLAH SAMIEE

Tax Assessment History

$581,892
Assessed (2025)
$910,480
Market Value
$531,170
Taxable Value
$10,814
Annual Tax
2024
$565,493
$889,263
2025
$581,892
$910,480
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $581,892 $910,480 $531,170 $10,814
2024 $565,493 $889,263 $515,493 $10,495

About 7561 SW 138 ST, Palmetto Bay, FL 33158

7561 SW 138 ST, Palmetto Bay, FL 33158 is a 4-bedroom, 2-bathroom residential - single family : 1 unit built in 1959 with 1,849 square feet of living space on a 17,110 square foot lot. The property is currently owned by JUSTIN FAZOLLAH SAMIEE, 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 2020-12-20 for $50,000, when RUTH A ALPERIN TRS sold to JUSTIN FAZOLLAH SAMIEE. The property sold for $531,000 less than the prior sale of $581,000 on 2016-02-26. There are 3 recorded sales for this property.

The 2025 assessed value is $581,892 with a market value of $910,480. This breaks down to $615,960 for the land and $294,520 for the building. The assessed value increased 3% from $565,493 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 $170,813, and the median home value is $1,035,600. The population density is 1,945 people per square mile. There are active mortgage liens totaling $364,439 recorded against this property.

7561 SW 138 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 1979 to 2020, with 3 recorded transactions in the public record.

The current assessed value represents 1164% 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 $27 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..

Current Owner

JUSTIN FAZOLLAH SAMIEE
7561 SW 138 ST, PALMETTO BAY, FL, 33158
Since: 2026-04-19
View owner profile →

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$7,382 — $13,601
Flood $400 — $800
Property/Wind $6,982 — $12,801

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$170,813
Median Home Value$1,035,600
Pop. Density1,945/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
$387,000
~$364,439 bal.
BEELINE LOANS INC · 2021-06-24
Est. Total Balance $364,439
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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