7485 SW 157 TER, Palmetto Bay, FL 33157

7485 SW 157 TER, Palmetto Bay, FL 33157 is a 5-bedroom, 3-bathroom residential - single family : 1 unit built in 1994 with 3,116 square feet of living space on a 18,886 square foot lot. The property is currently owned by VIEDMA INVESTMENTS LLC, 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 2019-09-23 for $915,000, when ADELA B MELENDEZ sold to VIEDMA INVESTMENTS LLC. The property has appreciated $165,000 (22%) since the prior sale of $750,000 on 2005-01-01. There are 3 recorded sales for this property.

The 2025 assessed value is $998,929 with a market value of $1,415,017. This breaks down to $661,010 for the land and $754,007 for the building. The assessed value increased 10% from $908,118 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. 7485 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 1997 to 2019, with 3 recorded transactions in the public record. The current assessed value represents 109% of the most recent sale price.

Based on the most recent sale, this property traded at $294 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..