7440 SW 140 TER, Palmetto Bay, FL 33158

7440 SW 140 TER, Palmetto Bay, FL 33158 is a 4-bedroom, 2-bathroom residential - single family : 1 unit built in 1959 with 2,286 square feet of living space on a 17,500 square foot lot. The property is currently owned by NICHOLAS BENEDICT JACOBELLIS CAROLINE LARRIEN JACOBELLIS, 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 2020-11-06 for $100, when NELIA L JACOBELLIS sold to NICHOLAS BENEDICT JACOBELLIS. The property sold for $354,900 less than the prior sale of $355,000 on 2011-10-28. There are 3 recorded sales for this property.

The 2025 assessed value is $391,725 with a market value of $925,291. This breaks down to $630,000 for the land and $295,291 for the building. The assessed value increased 3% from $380,686 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. 7440 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 2005 to 2020, with 3 recorded transactions in the public record..