7975 SW 161 ST, Palmetto Bay, FL 33157

7975 SW 161 ST, Palmetto Bay, FL 33157 is a 4-bedroom, 2-bathroom residential - single family : 1 unit built in 1950 with 3,998 square feet of living space on a 27,007 square foot lot. The property is currently owned by MICHEL JEAN JOSEPH &W NIKKI, 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 2002-12-01 for $370,000. There are 3 recorded sales for this property. The 2025 assessed value is $488,019 with a market value of $1,224,475.

This breaks down to $864,224 for the land and $360,251 for the building. The assessed value increased 3% from $474,266 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. 7975 SW 161 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 1977 to 2002, with 3 recorded transactions in the public record. The current assessed value represents 132% of the most recent sale price.

This high ratio could indicate the property was purchased below market value — a potential sign of a distressed sale or off-market deal. Based on the most recent sale, this property traded at $93 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..