7640 SW 165 TER, Palmetto Bay, FL 33157

Parcel: 3350260080150 · Residential - Single Family · 1 Unit · Zoning: 2100

Assessed Value (2025)
$277,433

Property Details

Beds
3
Baths
2
Living Sqft
1,720
Year Built
1970
Lot Sqft
15,640
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$188,000
1997-06-01
2
$100non-market transfer
2020-12-05
LAWRENCE E CASTILLOLAWRENCE E CASTILLO
3
$1,050,000
2025-06-24
LAWRENCE E CASTILLORAONEL GONZALEZ
4
$1,050,000
2025-07-03

Tax Assessment History

$277,433
Assessed (2025)
$797,360
Market Value
$226,711
Taxable Value
$4,616
Annual Tax
2024
$269,615
$832,622
2025
$277,433
$797,360
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $277,433 $797,360 $226,711 $4,616
2024 $269,615 $832,622 $219,615 $4,471

About 7640 SW 165 TER, Palmetto Bay, FL 33157

7640 SW 165 TER, Palmetto Bay, FL 33157 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1970 with 1,720 square feet of living space on a 15,640 square foot lot. The property is currently owned by RAONEL GONZALEZ JESSICA GONZALEZ, 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 2025-07-03 for $1,050,000. There are 4 recorded sales for this property. The 2025 assessed value is $277,433 with a market value of $797,360.

This breaks down to $547,400 for the land and $249,960 for the building. The assessed value increased 3% from $269,615 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. There are active mortgage liens totaling $799,012 recorded against this property. 7640 SW 165 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 2025, with 4 recorded transactions in the public record. The current assessed value represents 26% 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 $610 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..

Current Owner

RAONEL GONZALEZ JESSICA GONZALEZ
7640 SW 165 TER, PALMETTO BAY, FL, 33157
Since: 2026-04-19
View owner profile →

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$3,174 — $5,793
Flood $400 — $800
Property/Wind $2,774 — $4,993

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 →

Mortgages

ACTIVE
$806,500
~$799,012 bal.
UNITED WHOLESALE MORTGAGE LLC · 2025-07-03
1 satisfied mortgage
SATISFIED 2021-05-12
$285,305
JPMORGAN CHASE BANK NA
Est. Total Balance $799,012
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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