7440 SW 157 TER, Palmetto Bay, FL 33157
Parcel: 3350260170140 · Residential - Single Family · 1 Unit · Zoning: 2100
Assessed Value (2025)
$518,445
Property Details
Beds
5
Baths
4.5
Living Sqft
3,628
Year Built
1977
Lot Sqft
17,750
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT
Sales History
1
$320,000
1997-02-01
2
$548,000+71%
2002-10-01
3
N/Anon-market transfer
2007-12-01
Tax Assessment History
$518,445
Assessed (2025)
$1,188,105
Market Value
$467,723
Taxable Value
$9,522
Annual Tax
2024
$503,834
$1,212,188
2025
$518,445
$1,188,105
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $518,445 | $1,188,105 | $467,723 | $9,522 | $621,250 | $566,855 |
| 2024 | $503,834 | $1,212,188 | $453,834 | $9,240 | $605,875 | $606,313 |
About 7440 SW 157 TER, Palmetto Bay, FL 33157
7440 SW 157 TER, Palmetto Bay, FL 33157 is a 5-bedroom, 4.5-bathroom residential - single family : 1 unit built in 1977 with 3,628 square feet of living space on a 17,750 square foot lot. The property is currently owned by JEREMY S LARKIN &W COURTNEY BENNETT LARKIN, recorded as of 2026-04-19. The owner appears to be owner-occupied based on the mailing address matching the property address.
There are 3 recorded sales for this property. The 2025 assessed value is $518,445 with a market value of $1,188,105. This breaks down to $621,250 for the land and $566,855 for the building.
The assessed value increased 3% from $503,834 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. 7440 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 2007, with 3 recorded transactions in the public record..
Current Owner
JEREMY S LARKIN &W COURTNEY BENNETT LARKIN
7440 SW 157 TER, PALMETTO BAY, FL, 33157
Since: 2026-04-19
View owner profile →
Est. Annual Insurance
$5,584 — $10,132
Flood $400 — $800
Property/Wind $5,184 — $9,332
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
Zoom in to see property sales