7955 SW 157 ST, Palmetto Bay, FL 33157

Parcel: 3350270000220 · Residential - Single Family · 1 Unit · Zoning: 2300

Assessed Value (2025)
$773,482

Property Details

Beds
5
Baths
3
Living Sqft
3,175
Year Built
1959
Lot Sqft
49,658
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$235,000
1981-05-01
2
$260,000+11%
1988-02-01
3
$845,000+225%
2016-07-28
THOMAS WOGAN &W PAMELA MICHAEL D BAKER

Tax Assessment History

$773,482
Assessed (2025)
$1,728,209
Market Value
$722,760
Taxable Value
$14,715
Annual Tax
2024
$751,684
$1,652,340
2025
$773,482
$1,728,209
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $773,482 $1,728,209 $722,760 $14,715
2024 $751,684 $1,652,340 $701,684 $14,286

About 7955 SW 157 ST, Palmetto Bay, FL 33157

7955 SW 157 ST, Palmetto Bay, FL 33157 is a 5-bedroom, 3-bathroom residential - single family : 1 unit built in 1959 with 3,175 square feet of living space on a 49,658 square foot lot. The property is currently owned by MICHAEL D BAKER KIMBERLY P BAKER, 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 2016-07-28 for $845,000, when THOMAS WOGAN &W PAMELA sold to MICHAEL D BAKER. The property has appreciated $585,000 (225%) since the prior sale of $260,000 on 1988-02-01. There are 3 recorded sales for this property.

The 2025 assessed value is $773,482 with a market value of $1,728,209. This breaks down to $1,291,108 for the land and $437,101 for the building. The assessed value increased 3% from $751,684 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.

7955 SW 157 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 1981 to 2016, with 3 recorded transactions in the public record.

The current assessed value represents 92% of the most recent sale price. Based on the most recent sale, this property traded at $266 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..

Current Owner

MICHAEL D BAKER KIMBERLY P BAKER
7955 SW 157 ST, PALMETTO BAY, FL, 33157
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$9,681 — $17,816
Flood $400 — $800
Property/Wind $9,281 — $17,016

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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