7420 SW 157 TER, Palmetto Bay, FL 33157

7420 SW 157 TER, Palmetto Bay, FL 33157 is a 4-bedroom, 3-bathroom residential - single family : 1 unit built in 1980 with 3,469 square feet of living space on a 17,750 square foot lot. The property is currently owned by RICHARD CERDA FLORENCIA P CERDA BETTETINI, 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 2015-12-17 for $850,000, when MANUEL E BELTRAN &W DAWN R sold to RICHARD CERDA. The property has appreciated $468,000 (123%) since the prior sale of $382,000 on 1999-08-01. There are 3 recorded sales for this property.

The 2025 assessed value is $756,648 with a market value of $1,278,301. This breaks down to $621,250 for the land and $657,051 for the building. The assessed value increased 3% from $735,324 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.

7420 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 1994 to 2015, with 3 recorded transactions in the public record.

The current assessed value represents 89% of the most recent sale price. Based on the most recent sale, this property traded at $245 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..