7860 SW 161 ST, Palmetto Bay, FL 33157

Parcel: 3350270030230 · Residential - Single Family · 1 Unit · Zoning: 2100

Assessed Value (2025)
$631,390

Property Details

Beds
5
Baths
3
Living Sqft
3,320
Year Built
1962
Lot Sqft
17,303
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$215,000
1999-10-01
2
$322,700+50%
2000-11-01
3
$693,000+115%
2017-06-23
DAVID MARTINEZ &W MORAIMA MARC KEVIN BEINING

Tax Assessment History

$631,390
Assessed (2025)
$1,015,528
Market Value
$580,668
Taxable Value
$11,822
Annual Tax
2024
$613,596
$997,017
2025
$631,390
$1,015,528
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $631,390 $1,015,528 $580,668 $11,822
2024 $613,596 $997,017 $563,596 $11,474

About 7860 SW 161 ST, Palmetto Bay, FL 33157

7860 SW 161 ST, Palmetto Bay, FL 33157 is a 5-bedroom, 3-bathroom residential - single family : 1 unit built in 1962 with 3,320 square feet of living space on a 17,303 square foot lot. The property is currently owned by MARC KEVIN BEINING, 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 2017-06-23 for $693,000, when DAVID MARTINEZ &W MORAIMA sold to MARC KEVIN BEINING. The property has appreciated $370,300 (115%) since the prior sale of $322,700 on 2000-11-01. There are 3 recorded sales for this property.

The 2025 assessed value is $631,390 with a market value of $1,015,528. This breaks down to $570,999 for the land and $444,529 for the building. The assessed value increased 3% from $613,596 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. 7860 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 1999 to 2017, with 3 recorded transactions in the public record. The current assessed value represents 91% of the most recent sale price.

Based on the most recent sale, this property traded at $209 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..

Current Owner

MARC KEVIN BEINING
7860 SW 161 ST, MIAMI, FL, 33157
Since: 2026-04-19
View owner profile →

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$7,976 — $14,690
Flood $400 — $800
Property/Wind $7,576 — $13,890

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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