6741 SW 140 ST, Palmetto Bay, FL 33158

6741 SW 140 ST, Palmetto Bay, FL 33158 is a 4-bedroom, 3.5-bathroom residential - single family : 1 unit built in 1994 with 4,100 square feet of living space on a 22,589 square foot lot. The property is currently owned by JORGE L GODOY TRS OLD CUTLER GROVE TRUST, 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 2017-05-12 for $1,300,000, when LILIAN MARIA PARSEKIAN GRAVA sold to JORGE L GODOY TRS. The property has appreciated $1,299,900 (1299900%) since the prior sale of $100 on 2016-04-29. There are 3 recorded sales for this property.

The 2025 assessed value is $1,589,743 with a market value of $1,879,736. This breaks down to $926,149 for the land and $953,587 for the building. The assessed value increased 17% from $1,361,096 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. 6741 SW 140 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 2010 to 2017, with 3 recorded transactions in the public record. The current assessed value represents 122% of the most recent sale price.

This high ratio could indicate the property was purchased below market value — a potential sign of a distressed sale or off-market deal. Based on the most recent sale, this property traded at $317 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..