7505 SW 159 TER, Palmetto Bay, FL 33157

Parcel: 3350260060490 · Residential - Single Family · 1 Unit · Zoning: 2100

Assessed Value (2025)
$422,013

Property Details

Beds
3
Baths
2
Living Sqft
2,423
Year Built
1969
Lot Sqft
15,000
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$225,000
1996-10-01
2
$210,000-7%
1999-06-01
3
$100non-market transfer
2017-06-07
RHETT CILIRHETT CILI TRS

Tax Assessment History

$422,013
Assessed (2025)
$865,757
Market Value
$371,291
Taxable Value
$7,559
Annual Tax
2024
$410,120
$918,383
2025
$422,013
$865,757
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $422,013 $865,757 $371,291 $7,559
2024 $410,120 $918,383 $360,120 $7,332

About 7505 SW 159 TER, Palmetto Bay, FL 33157

7505 SW 159 TER, Palmetto Bay, FL 33157 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1969 with 2,423 square feet of living space on a 15,000 square foot lot. The property is currently owned by RHETT CILI TRS RHETT AND VERONICA CILI, 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 2017-06-07 for $100, when RHETT CILI sold to RHETT CILI TRS. The property sold for $209,900 less than the prior sale of $210,000 on 1999-06-01. There are 3 recorded sales for this property.

The 2025 assessed value is $422,013 with a market value of $865,757. This breaks down to $525,000 for the land and $340,757 for the building. The assessed value increased 3% from $410,120 in 2024.

The property has the following tax exemptions: homestead. 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.

7505 SW 159 TER, 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 1996 to 2017, with 3 recorded transactions in the public record..

Current Owner

RHETT CILI TRS RHETT AND VERONICA CILI
7505 SW 159 TERR, MIAMI, FL, 33157
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$5,464 — $10,084
Flood $400 — $800
Property/Wind $5,064 — $9,284

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
View full risk analysis →
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