7305 SW 140 TER, Palmetto Bay, FL 33158

7305 SW 140 TER, Palmetto Bay, FL 33158 is a 4-bedroom, 2-bathroom residential - single family : 1 unit built in 1965 with 2,416 square feet of living space on a 17,061 square foot lot. The property is currently owned by RAFAEL SCOTT SANCHEZ MERCY SANCHEZ, 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 2014-10-21 for $436,000, when MAURO C SANTOS sold to RAFAEL SCOTT SANCHEZ. The property has appreciated $435,900 (435900%) since the prior sale of $100 on 2014-04-07. There are 3 recorded sales for this property.

The 2025 assessed value is $479,586 with a market value of $908,821. This breaks down to $614,196 for the land and $294,625 for the building. The assessed value increased 3% from $466,070 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. 7305 SW 140 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 2000 to 2014, with 3 recorded transactions in the public record. The current assessed value represents 110% of the most recent sale price.

Based on the most recent sale, this property traded at $180 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..