7107 SW 148 TER, Palmetto Bay, FL 33158

Parcel: 3350230200030 · Residential - Single Family · 1 Unit · Zoning: 2200

Assessed Value (2025)
$591,971

Property Details

Beds
5
Baths
3
Living Sqft
2,278
Year Built
1969
Lot Sqft
21,307
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$82,000
1974-04-01
2
$325,000+296%
2000-05-01
3
$655,000+102%
2015-11-06
ROSENDO J CASTILLO &W FRANCE M PETER GROSS

Tax Assessment History

$591,971
Assessed (2025)
$1,062,610
Market Value
$541,249
Taxable Value
$11,019
Annual Tax
2024
$575,288
$1,043,601
2025
$591,971
$1,062,610
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $591,971 $1,062,610 $541,249 $11,019
2024 $575,288 $1,043,601 $525,288 $10,694

About 7107 SW 148 TER, Palmetto Bay, FL 33158

7107 SW 148 TER, Palmetto Bay, FL 33158 is a 5-bedroom, 3-bathroom residential - single family : 1 unit built in 1969 with 2,278 square feet of living space on a 21,307 square foot lot. The property is currently owned by PETER GROSS, 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 2015-11-06 for $655,000, when ROSENDO J CASTILLO &W FRANCE M sold to PETER GROSS. The property has appreciated $330,000 (102%) since the prior sale of $325,000 on 2000-05-01. There are 3 recorded sales for this property.

The 2025 assessed value is $591,971 with a market value of $1,062,610. This breaks down to $745,745 for the land and $316,865 for the building. The assessed value increased 3% from $575,288 in 2024.

The property has the following tax exemptions: homestead. This property is located in FEMA Flood Zone X, which indicates minimal flood risk. Flood insurance is typically not required for properties in Zone X.

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. 7107 SW 148 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 1974 to 2015, with 3 recorded transactions in the public record. The current assessed value represents 90% of the most recent sale price.

Based on the most recent sale, this property traded at $288 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..

Current Owner

PETER GROSS
7107 SW 148 TER, MIAMI, FL, 33158
Since: 2026-04-19
View owner profile →

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$7,503 — $13,823
Flood $400 — $800
Property/Wind $7,103 — $13,023

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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