7275 SW 166 ST, Palmetto Bay, FL 33157
Parcel: 3350260030171 · Multifamily 2-9 Units · 2 Living Units · Zoning: 2100
Assessed Value (2025)
$555,695
Property Details
Beds
4
Baths
2
Living Sqft
2,628
Year Built
1971
Lot Sqft
10,000
Stories
1
MULTIFAMILY 2-9 UNITS : 2 LIVING UNITS
Sales History
1
N/Anon-market transfer
2003-04-01
2
$183,750
2003-05-01
3
$100non-market transfer
2026-01-27
DOUGLAS REEVES → DOUGLAS REEVES
Tax Assessment History
$555,695
Assessed (2025)
$676,587
Market Value
$555,695
Taxable Value
$11,314
Annual Tax
2024
$505,178
$727,559
2025
$555,695
$676,587
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $555,695 | $676,587 | $555,695 | $11,314 | $350,000 | $326,587 |
| 2024 | $505,178 | $727,559 | $505,178 | $10,285 | $380,000 | $347,559 |
About 7275 SW 166 ST, Palmetto Bay, FL 33157
7275 SW 166 ST, Palmetto Bay, FL 33157 is a 4-bedroom, 2-bathroom multifamily 2-9 units : 2 living units built in 1971 with 2,628 square feet of living space on a 10,000 square foot lot. The property is currently owned by DOUGLAS REEVES MARIA DEL PILAR LIMA, 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 2026-01-27 for $100, when DOUGLAS REEVES sold to DOUGLAS REEVES. The property sold for $183,650 less than the prior sale of $183,750 on 2003-05-01. There are 3 recorded sales for this property.
The 2025 assessed value is $555,695 with a market value of $676,587. This breaks down to $350,000 for the land and $326,587 for the building. The assessed value increased 10% from $505,178 in 2024.
The median household income in this area is $216,711, and the median home value is $866,300. The population density is 2,542 people per square mile. 7275 SW 166 ST, Palmetto Bay, FL 33157 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 2003 to 2026, with 3 recorded transactions in the public record..
Current Owner
DOUGLAS REEVES MARIA DEL PILAR LIMA
7275 SW 166 ST, MIAMI, FL, 33157
Since: 2026-04-19
View owner profile →
Est. Annual Insurance
$5,956 — $10,802
Flood $400 — $800
Property/Wind $5,556 — $10,002
Estimate based on FEMA flood zone, property value, and year built. Actual premiums vary based on elevation, mitigation features, roof condition, and insurer. Not a quote.
Neighborhood
Median Income$216,711
Median Home Value$866,300
Pop. Density2,542/sq mi
Neighborhood 33157
46.3%
Owner-Occ
53.7%
Investor
161
Flips (4yr)
2,488
New Biz (3yr)
Distress Risk
MODERATE
36
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