7440 SW 162 ST, Palmetto Bay, FL 33157

Parcel: 3350260130080 · Residential - Single Family · 1 Unit · Zoning: 2100

Assessed Value (2025)
$1,233,316

Property Details

Beds
3
Baths
2
Living Sqft
3,156
Year Built
1972
Lot Sqft
18,774
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$660,000
2006-05-01
2
$166,000-75%
2019-02-14
PATRICK M O CONNELLPATRICK M O CONNELL
3
$1,740,000+948%
2024-05-29
PATRICK M O CONNELLAMADO JULIO ACOSTA
4
$1,740,000
2024-06-05

Tax Assessment History

$1,233,316
Assessed (2025)
$1,233,316
Market Value
$1,233,316
Taxable Value
$25,109
Annual Tax
2024
$574,199
$1,180,280
2025
$1,233,316
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $1,233,316 $1,233,316 $1,233,316 $25,109
2024 $574,199 $1,180,280 $524,199 $10,672

About 7440 SW 162 ST, Palmetto Bay, FL 33157

7440 SW 162 ST, Palmetto Bay, FL 33157 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1972 with 3,156 square feet of living space on a 18,774 square foot lot. The property is currently owned by AMADO JULIO ACOSTA, recorded as of 2026-04-19. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2024-06-05 for $1,740,000. There are 4 recorded sales for this property. The 2025 assessed value is $1,233,316 with a market value of $1,233,316.

This breaks down to $657,090 for the land and $576,226 for the building. The assessed value increased 115% from $574,199 in 2024. 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 $1,248,160 recorded against this property. 7440 SW 162 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 2006 to 2024, with 4 recorded transactions in the public record. The current assessed value represents 71% of the most recent sale price.

Based on the most recent sale, this property traded at $551 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..

Current Owner

AMADO JULIO ACOSTA
1225 S ALHAMBRA CIR, CORAL GABLES, FL, 33146
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$12,733 — $22,999
Flood $400 — $800
Property/Wind $12,333 — $22,199

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
$1,275,000
~$1,248,160 bal.
LENDZ FINANCIAL · 2024-06-05
1 satisfied mortgage
SATISFIED 2024-01-16
$19,000
SPACE COAST CU
Est. Total Balance $1,248,160
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
Zoom in to see property sales