7550 SW 163 ST, Palmetto Bay, FL 33157

Parcel: 3350260090030 · Residential - Single Family · 1 Unit · Zoning: 2100

Assessed Value (2025)
$471,242

Property Details

Beds
4
Baths
2
Living Sqft
2,313
Year Built
1971
Lot Sqft
15,439
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$237,000
1996-05-01
2
$490,000+107%
2003-07-01

Tax Assessment History

$471,242
Assessed (2025)
$940,789
Market Value
$420,520
Taxable Value
$8,561
Annual Tax
2024
$457,962
$990,824
2025
$471,242
$940,789
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $471,242 $940,789 $420,520 $8,561
2024 $457,962 $990,824 $407,962 $8,306

About 7550 SW 163 ST, Palmetto Bay, FL 33157

7550 SW 163 ST, Palmetto Bay, FL 33157 is a 4-bedroom, 2-bathroom residential - single family : 1 unit built in 1971 with 2,313 square feet of living space on a 15,439 square foot lot. The property is currently owned by THOMAS TERIELE &W BLANCA, 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 2003-07-01 for $490,000. The property has appreciated $253,000 (107%) since the prior sale of $237,000 on 1996-05-01. The 2025 assessed value is $471,242 with a market value of $940,789.

This breaks down to $540,365 for the land and $400,424 for the building. The assessed value increased 3% from $457,962 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. 7550 SW 163 ST, 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 2003, with 2 recorded transactions in the public record. The current assessed value represents 96% of the most recent sale price.

Based on the most recent sale, this property traded at $212 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..

Current Owner

THOMAS TERIELE &W BLANCA
7550 SW 163 ST, MIAMI, FL, 33157-3828
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$5,112 — $9,282
Flood $400 — $800
Property/Wind $4,712 — $8,482

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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