7940 SW 160 ST, Palmetto Bay, FL 33157

7940 SW 160 ST, Palmetto Bay, FL 33157 is a 4-bedroom, 3-bathroom residential - single family : 1 unit built in 1959 with 2,047 square feet of living space on a 20,720 square foot lot. The property is currently owned by ERNESTO L MESTRE JR &W MAYRA M, 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 1992-06-01 for $140,000. The 2025 assessed value is $299,321 with a market value of $975,354. This breaks down to $683,760 for the land and $291,594 for the building.

The assessed value increased 3% from $290,886 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. 7940 SW 160 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 current assessed value represents 214% 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 $68 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..