7331 SW 145 TER, Palmetto Bay, FL 33158

7331 SW 145 TER, Palmetto Bay, FL 33158 is a 5-bedroom, 3-bathroom residential - single family : 1 unit built in 1970 with 2,531 square feet of living space on a 17,160 square foot lot. The property is currently owned by DAVID SMYTH SHERRIE SMITH, 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 2015-02-18 for $615,000, when LEROY STANLEY IMBRIE TRS sold to DAVID SMYTH. The property has appreciated $614,900 (614900%) since the prior sale of $100 on 2009-11-12. There are 3 recorded sales for this property.

The 2025 assessed value is $474,896 with a market value of $988,347. This breaks down to $617,760 for the land and $370,587 for the building. The assessed value increased 3% from $461,513 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. 7331 SW 145 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 1971 to 2015, with 3 recorded transactions in the public record. The current assessed value represents 77% of the most recent sale price.

Based on the most recent sale, this property traded at $243 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..