8305 SW 161 ST, Palmetto Bay, FL 33157

Parcel: 3350270040060 · Residential - Single Family · 1 Unit · Zoning: 2100

Assessed Value (2025)
$842,999

Property Details

Beds
3
Baths
2
Living Sqft
1,500
Year Built
1960
Lot Sqft
18,900
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$265,800
2002-04-01
2
$312,000+17%
2002-05-01
3
$979,000+214%
2024-06-24
JAMES F SIMPSON QUIGLEY &W CAROLSANDRA LUCIA MORALES LOURIDO
4
$979,000
2024-07-10

Tax Assessment History

$842,999
Assessed (2025)
$842,999
Market Value
$792,277
Taxable Value
$16,130
Annual Tax
2024
$341,561
$797,256
2025
$842,999
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $842,999 $842,999 $792,277 $16,130
2024 $341,561 $797,256 $291,561 $5,936

About 8305 SW 161 ST, Palmetto Bay, FL 33157

8305 SW 161 ST, Palmetto Bay, FL 33157 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1960 with 1,500 square feet of living space on a 18,900 square foot lot. The property is currently owned by SANDRA LUCIA MORALES LOURIDO HERNAN MORALES RAMIREZ, 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 2024-07-10 for $979,000. There are 4 recorded sales for this property. The 2025 assessed value is $842,999 with a market value of $842,999.

This breaks down to $623,700 for the land and $219,299 for the building. The assessed value increased 147% from $341,561 in 2024. The property has the following tax exemptions: homestead.

The median household income in this area is $160,809, and the median home value is $724,500. The population density is 4,676 people per square mile. There are active mortgage liens totaling $623,550 recorded against this property.

8305 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 2002 to 2024, with 4 recorded transactions in the public record.

The current assessed value represents 86% of the most recent sale price. Based on the most recent sale, this property traded at $653 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..

Current Owner

SANDRA LUCIA MORALES LOURIDO HERNAN MORALES RAMIREZ
8305 SW 161 ST, PALMETTO BAY, FL, 33157
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$10,515 — $19,345
Flood $400 — $800
Property/Wind $10,115 — $18,545

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$160,809
Median Home Value$724,500
Pop. Density4,676/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 →

Mortgages

ACTIVE
$636,350
~$623,550 bal.
PENNYMAC LOAN SERVICES LLC · 2024-07-10
Est. Total Balance $623,550
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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