6731 SW 138 ST, Palmetto Bay, FL 33158

6731 SW 138 ST, Palmetto Bay, FL 33158 is a 4-bedroom, 4-bathroom residential - single family : 1 unit built in 1951 with 2,873 square feet of living space on a 22,587 square foot lot. The property is currently owned by ALVARO RENE RAMOS GARCIA, 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 2025-11-21 for $1,880,000. There are 5 recorded sales for this property. The 2025 assessed value is $1,297,346 with a market value of $1,517,394.

This breaks down to $926,067 for the land and $591,327 for the building. The assessed value increased 3% from $1,260,784 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 $1,307,588 recorded against this property. 6731 SW 138 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 2017 to 2025, with 5 recorded transactions in the public record. The current assessed value represents 69% of the most recent sale price.

This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase. Based on the most recent sale, this property traded at $654 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..