7365 SW 157 TER, Palmetto Bay, FL 33157

Parcel: 3350260170030 · Residential - Single Family · 1 Unit · Zoning: 2200

Assessed Value (2025)
$865,349

Property Details

Beds
5
Baths
4
Living Sqft
3,529
Year Built
1979
Lot Sqft
29,180
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
N/Anon-market transfer
2006-03-01
2
$875,000
2006-03-01
3
$900,000+3%
2017-04-17
THOMAS D DORSEY WEN ZHENG

Tax Assessment History

$865,349
Assessed (2025)
$1,502,801
Market Value
$814,627
Taxable Value
$16,585
Annual Tax
2024
$840,962
$1,497,671
2025
$865,349
$1,502,801
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $865,349 $1,502,801 $814,627 $16,585
2024 $840,962 $1,497,671 $790,962 $16,103

About 7365 SW 157 TER, Palmetto Bay, FL 33157

7365 SW 157 TER, Palmetto Bay, FL 33157 is a 5-bedroom, 4-bathroom residential - single family : 1 unit built in 1979 with 3,529 square feet of living space on a 29,180 square foot lot. The property is currently owned by WEN ZHENG, 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 2017-04-17 for $900,000, when THOMAS D DORSEY sold to WEN ZHENG. There are 3 recorded sales for this property. The 2025 assessed value is $865,349 with a market value of $1,502,801.

This breaks down to $933,760 for the land and $569,041 for the building. The assessed value increased 3% from $840,962 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. 7365 SW 157 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 2006 to 2017, with 3 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 $255 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..

Current Owner

WEN ZHENG
7365 SW 157 TER, PALMETTO BAY, FL, 33157
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$9,053 — $16,376
Flood $400 — $800
Property/Wind $8,653 — $15,576

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 →
Zoom in to see property sales