7420 SW 159 TER, Palmetto Bay, FL 33157

7420 SW 159 TER, Palmetto Bay, FL 33157 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1962 with 1,666 square feet of living space on a 15,150 square foot lot. The property is currently owned by SAMANTHA M NESSELT SHAUN SMILEY, 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 2014-04-22 for $500,000, when WILLIAM D MORRIS III sold to SAMANTHA M NESSELT. There are 3 recorded sales for this property. The 2025 assessed value is $339,173 with a market value of $816,266.

This breaks down to $530,250 for the land and $286,016 for the building. The assessed value increased 3% from $329,615 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. 7420 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 1997 to 2014, with 3 recorded transactions in the public record. The current assessed value represents 68% 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 $300 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..