7601 SW 165 TER, Palmetto Bay, FL 33157

Parcel: 3350260110040 · Residential - Single Family · 1 Unit · Zoning: 2100

Assessed Value (2025)
$877,708

Property Details

Beds
4
Baths
2
Living Sqft
1,562
Year Built
1971
Lot Sqft
16,638
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$100non-market transfer
2022-01-21
LANCE GREGORY OLMSTEDLANCE GREGORY OLMSTED
2
$513,700
2022-11-29
LANCE GREGORY OLMSTED7601 SW 165 TERRACE LLC
3
$513,700
2022-12-13
4
$1,075,000+109%
2024-05-29
7601 SW 165 TERRACE LLCNICOLAS JIMENEZ VENEGAS
5
$1,075,000
2024-06-18

Tax Assessment History

$877,708
Assessed (2025)
$877,708
Market Value
$826,986
Taxable Value
$16,837
Annual Tax
2024
$800,743
$899,452
2025
$877,708
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $877,708 $877,708 $826,986 $16,837
2024 $800,743 $899,452 $800,743 $16,302

About 7601 SW 165 TER, Palmetto Bay, FL 33157

7601 SW 165 TER, Palmetto Bay, FL 33157 is a 4-bedroom, 2-bathroom residential - single family : 1 unit built in 1971 with 1,562 square feet of living space on a 16,638 square foot lot. The property is currently owned by NICOLAS JIMENEZ VENEGAS ERIKA SCHUTT PARDO, 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 2024-06-18 for $1,075,000. There are 5 recorded sales for this property. The 2025 assessed value is $877,708 with a market value of $877,708.

This breaks down to $582,330 for the land and $295,378 for the building. The assessed value increased 10% from $800,743 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 $750,413 recorded against this property. 7601 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 2022 to 2024, with 5 recorded transactions in the public record. The current assessed value represents 82% of the most recent sale price.

Based on the most recent sale, this property traded at $688 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..

Current Owner

NICOLAS JIMENEZ VENEGAS ERIKA SCHUTT PARDO
7601 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

$9,177 — $16,598
Flood $400 — $800
Property/Wind $8,777 — $15,798

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
$766,550
~$750,413 bal.
LOWER LLC · 2024-06-18
1 satisfied mortgage
SATISFIED 2022-01-28
$519,750
CALIBER HOME LOANS INC
Est. Total Balance $750,413
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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