7620 SW 161 TER, Palmetto Bay, FL 33157

Parcel: 3350260200070 · Residential - Single Family · 1 Unit · Zoning: 2100

Assessed Value (2025)
$1,466,835

Property Details

Beds
4
Baths
3
Living Sqft
4,263
Year Built
2022
Lot Sqft
15,800
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$465,000
2007-07-01
2
$302,500-35%
2018-08-28
NAM PROPERTIES LLC 7620 SW 161 TERR LLC
3
$100non-market transfer
2022-08-17
7620 SW 161 TERR LLCHOSHMAND VAZIRI

Tax Assessment History

$1,466,835
Assessed (2025)
$1,827,750
Market Value
$1,416,113
Taxable Value
$28,831
Annual Tax
2024
$1,425,496
$1,857,538
2025
$1,466,835
$1,827,750
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $1,466,835 $1,827,750 $1,416,113 $28,831
2024 $1,425,496 $1,857,538 $1,375,496 $28,004

About 7620 SW 161 TER, Palmetto Bay, FL 33157

7620 SW 161 TER, Palmetto Bay, FL 33157 is a 4-bedroom, 3-bathroom residential - single family : 1 unit built in 2022 with 4,263 square feet of living space on a 15,800 square foot lot. The property is currently owned by HOSHMAND VAZIRI FATEMEH BORAZJANI, 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 2022-08-17 for $100, when 7620 SW 161 TERR LLC sold to HOSHMAND VAZIRI. The property sold for $302,400 less than the prior sale of $302,500 on 2018-08-28. There are 3 recorded sales for this property.

The 2025 assessed value is $1,466,835 with a market value of $1,827,750. This breaks down to $553,000 for the land and $1,274,750 for the building. The assessed value increased 3% from $1,425,496 in 2024.

The property has the following tax exemptions: homestead. This property is located in FEMA Flood Zone AE, a Special Flood Hazard Area with a 1% annual chance of flooding (100-year floodplain). Flood insurance is typically required by lenders for properties in this zone.

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. 7620 SW 161 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 2007 to 2022, with 3 recorded transactions in the public record..

Current Owner

HOSHMAND VAZIRI FATEMEH BORAZJANI
7620 SW 161 TER, PALMETTO BAY, FL, 33157
Since: 2026-04-19
View owner profile →

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$9,201 — $15,468
Flood $400 — $800
Property/Wind $8,801 — $14,668

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 →
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