7405 SW 164 ST, Palmetto Bay, FL 33157

7405 SW 164 ST, Palmetto Bay, FL 33157 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1970 with 1,952 square feet of living space on a 16,010 square foot lot. The property is currently owned by NELSON EHRHARDT &W CARMEN, 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 1983-05-01 for $130,000. The property has appreciated $80,670 (164%) since the prior sale of $49,330 on 1970-12-01. The 2025 assessed value is $292,512 with a market value of $865,419.

This breaks down to $560,350 for the land and $305,069 for the building. The assessed value increased 3% from $284,269 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. 7405 SW 164 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 1970 to 1983, with 2 recorded transactions in the public record. The current assessed value represents 225% of the most recent sale price.

This high ratio could indicate the property was purchased below market value — a potential sign of a distressed sale or off-market deal. Based on the most recent sale, this property traded at $67 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..