7625 SW 159 TER, Palmetto Bay, FL 33157

7625 SW 159 TER, Palmetto Bay, FL 33157 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1969 with 2,512 square feet of living space on a 19,792 square foot lot. The property is currently owned by MARCIA M WALLACE, 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 2019-12-23 for $555,000, when MICHAEL BELL sold to MARCIA M WALLACE. The property sold for $20,000 less than the prior sale of $575,000 on 2016-12-28. There are 3 recorded sales for this property.

The 2025 assessed value is $649,213 with a market value of $1,106,230. This breaks down to $692,720 for the land and $413,510 for the building. The assessed value increased 3% from $630,917 in 2024.

The property has the following tax exemptions: homestead. 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 $216,711, and the median home value is $866,300. The population density is 2,542 people per square mile. 7625 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 2001 to 2019, with 3 recorded transactions in the public record. The current assessed value represents 117% of the most recent sale price.

Based on the most recent sale, this property traded at $221 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..