8350 SW 161 ST, Palmetto Bay, FL 33157

Parcel: 3350270040130 · Residential - Single Family · 1 Unit · Zoning: 2100

Assessed Value (2025)
$664,734

Property Details

Beds
3
Baths
2
Living Sqft
1,284
Year Built
1960
Lot Sqft
16,800
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
N/Anon-market transfer
1994-04-01
2
$310,000
2009-03-23
ROSS BATCHELOR &W LEONA TRUSTKARL A &W GUNTHER
3
$760,000+145%
2023-08-02
KARL A GUNTHERJORGE JESUS GARCIA
4
$760,000
2023-08-16

Tax Assessment History

$664,734
Assessed (2025)
$751,288
Market Value
$614,012
Taxable Value
$12,501
Annual Tax
2024
$646,000
2025
$664,734
$751,288
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $664,734 $751,288 $614,012 $12,501
2024 $646,000 $646,000 $596,000 $12,134

About 8350 SW 161 ST, Palmetto Bay, FL 33157

8350 SW 161 ST, Palmetto Bay, FL 33157 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1960 with 1,284 square feet of living space on a 16,800 square foot lot. The property is currently owned by JORGE JESUS GARCIA MEGAN ELIZABETH GARCIA, 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 2023-08-16 for $760,000. There are 4 recorded sales for this property. The 2025 assessed value is $664,734 with a market value of $751,288.

This breaks down to $554,400 for the land and $196,888 for the building. The assessed value increased 3% from $646,000 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 $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 $696,084 recorded against this property. 8350 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 1994 to 2023, with 4 recorded transactions in the public record. The current assessed value represents 87% of the most recent sale price.

Based on the most recent sale, this property traded at $592 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..

Current Owner

JORGE JESUS GARCIA MEGAN ELIZABETH GARCIA
8350 SW 161 ST, PALMETTO BAY, FL, 33157
Since: 2026-04-19
View owner profile →

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$8,376 — $15,424
Flood $400 — $800
Property/Wind $7,976 — $14,624

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
$718,000
~$696,084 bal.
FEMBI MORTGAGE · 2023-08-16
Est. Total Balance $696,084
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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