7421 SW 145 TER, Palmetto Bay, FL 33158

7421 SW 145 TER, Palmetto Bay, FL 33158 is a 4-bedroom, 2.5-bathroom residential - single family : 1 unit built in 1971 with 2,469 square feet of living space on a 15,875 square foot lot. The property is currently owned by CORAL REEF 145 LLC, 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 2024-04-18 for $1,400,000. There are 3 recorded sales for this property. The 2025 assessed value is $1,083,172 with a market value of $1,083,172.

This breaks down to $571,500 for the land and $511,672 for the building. The assessed value increased 397% from $217,983 in 2024. 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.

There are active mortgage liens totaling $1,094,291 recorded against this property. 7421 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 2008 to 2024, 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 $567 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..