7020 SW 148 TER, Palmetto Bay, FL 33158

7020 SW 148 TER, Palmetto Bay, FL 33158 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1970 with 2,025 square feet of living space on a 18,048 square foot lot. The property is currently owned by JESSICA GAIBOR RICARDO GAIBOR, recorded as of 2026-04-19. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2016-10-18 for $715,000, when JENNIFER C BIENSTOCK sold to JESSICA GAIBOR. The property has appreciated $175,000 (32%) since the prior sale of $540,000 on 2014-08-06. There are 3 recorded sales for this property.

The 2025 assessed value is $645,003 with a market value of $1,050,921. This breaks down to $649,728 for the land and $401,193 for the building. The assessed value increased 3% from $626,826 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. There are active mortgage liens totaling $508,977 recorded against this property.

7020 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 1998 to 2016, 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 $353 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..