7642 SW 166 TER, Palmetto Bay, FL 33157

7642 SW 166 TER, Palmetto Bay, FL 33157 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1971 with 1,420 square feet of living space on a 15,640 square foot lot. The property is currently owned by CARLOS GALBAN SHELLY GALBAN, 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 2014-06-13 for $450,000, when ADAM L DERRINGER &W BRANDI E sold to CARLOS GALBAN. The property sold for $75,000 less than the prior sale of $525,000 on 2005-08-01. There are 3 recorded sales for this property.

The 2025 assessed value is $469,132 with a market value of $853,405. This breaks down to $547,400 for the land and $306,005 for the building. The assessed value increased 3% from $455,911 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. 7642 SW 166 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 2004 to 2014, with 3 recorded transactions in the public record. The current assessed value represents 104% of the most recent sale price.

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..