7525 SW 163 ST, Palmetto Bay, FL 33157

7525 SW 163 ST, Palmetto Bay, FL 33157 is a 4-bedroom, 2-bathroom residential - single family : 1 unit built in 1971 with 2,260 square feet of living space on a 18,774 square foot lot. The property is currently owned by RICHARD J SMITH JR ALLISON B SMITH, 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 2014-12-29 for $535,000, when BARBARA A PARKER TRS sold to RICHARD J SMITH. There are 3 recorded sales for this property. The 2025 assessed value is $445,690 with a market value of $1,008,769.

This breaks down to $657,090 for the land and $351,679 for the building. The assessed value increased 3% from $433,130 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. 7525 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 2002 to 2014, with 3 recorded transactions in the public record. The current assessed value represents 83% of the most recent sale price.

Based on the most recent sale, this property traded at $237 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..