7621 SW 162 ST, Palmetto Bay, FL 33157

7621 SW 162 ST, Palmetto Bay, FL 33157 is a 4-bedroom, 4-bathroom residential - single family : 1 unit built in 1977 with 3,606 square feet of living space on a 15,746 square foot lot. The property is currently owned by ALEX OTROLL, 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 2020-11-12 for $100, when ALEX ORTOLL sold to ALEX OTROLL. The property sold for $704,900 less than the prior sale of $705,000 on 2018-08-24. There are 3 recorded sales for this property.

The 2025 assessed value is $1,047,159 with a market value of $1,097,302. This breaks down to $551,110 for the land and $546,192 for the building. The assessed value increased 3% from $1,017,648 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. There are active mortgage liens totaling $588,598 recorded against this property.

7621 SW 162 ST, 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 2008 to 2020, with 3 recorded transactions in the public record..