7445 SW 157 TER, Palmetto Bay, FL 33157

7445 SW 157 TER, Palmetto Bay, FL 33157 is a 4-bedroom, 3-bathroom residential - single family : 1 unit built in 1978 with 3,551 square feet of living space on a 17,750 square foot lot. The property is currently owned by JOSEPH RIQUELME MUNEERAH AL ASFOUR, 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 2018-12-20 for $770,000, when KEVIN MEIER KERTESZ sold to JOSEPH RIQUELME. The property has appreciated $115,000 (18%) since the prior sale of $655,000 on 2012-12-21. There are 3 recorded sales for this property.

The 2025 assessed value is $1,092,513 with a market value of $1,182,297. This breaks down to $621,250 for the land and $561,047 for the building. The assessed value increased 3% from $1,061,724 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.

There are active mortgage liens totaling $508,043 recorded against this property. 7445 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 2004 to 2018, with 3 recorded transactions in the public record. The current assessed value represents 142% 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 $217 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..