7220 SW 137 ST, Palmetto Bay, FL 33158

Parcel: 3350230150060 · Residential - Single Family · 1 Unit · Zoning: 2100

Assessed Value (2025)
$940,502

Property Details

Beds
3
Baths
2
Living Sqft
1,750
Year Built
1964
Lot Sqft
17,160
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$100non-market transfer
2016-09-30
JACOB M WEISBERG TRSKAREN SOLOMON ELLENBY TRS
2
$395,000
2017-08-01
KAREN SOLOMON ELLENBY TRSWALTER ADLER CHEFITZ
3
$1,100,000+178%
2023-08-28
WALTER ADLER CHEFITZSOFIA BARBARA
4
$1,100,000
2023-09-14

Tax Assessment History

$940,502
Assessed (2025)
$940,502
Market Value
$889,780
Taxable Value
$18,115
Annual Tax
2024
$921,635
2025
$940,502
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $940,502 $940,502 $889,780 $18,115
2024 $921,635 $921,635 $871,635 $17,746

About 7220 SW 137 ST, Palmetto Bay, FL 33158

7220 SW 137 ST, Palmetto Bay, FL 33158 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1964 with 1,750 square feet of living space on a 17,160 square foot lot. The property is currently owned by SOFIA BARBARA LUIS FELIPE TORNES, 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 2023-09-14 for $1,100,000. There are 4 recorded sales for this property. The 2025 assessed value is $940,502 with a market value of $940,502.

This breaks down to $617,760 for the land and $322,742 for the building. The assessed value increased 2% from $921,635 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. 7220 SW 137 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 2016 to 2023, with 4 recorded transactions in the public record. The current assessed value represents 86% of the most recent sale price. Based on the most recent sale, this property traded at $629 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..

Current Owner

SOFIA BARBARA LUIS FELIPE TORNES
7220 SW 137 ST, PALMETTO BAY, FL, 33156
Since: 2026-04-19
View owner profile →

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$11,686 — $21,491
Flood $400 — $800
Property/Wind $11,286 — $20,691

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 →
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