8621 SW 161 TER, Palmetto Bay, FL 33157
Parcel: 3350270120050 · Residential - Single Family · 1 Unit · Zoning: 2100
Assessed Value (2025)
$271,426
Property Details
Beds
4
Baths
2
Living Sqft
1,880
Year Built
1966
Lot Sqft
16,440
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT
Sales History
1
$100non-market transfer
2020-05-02
LOUIS M ANDRIS JR &W GIEDRE → LOUIS M ANDRIS TRS
Tax Assessment History
$271,426
Assessed (2025)
$795,487
Market Value
$215,704
Taxable Value
$4,392
Annual Tax
2024
$263,777
$787,660
2025
$271,426
$795,487
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $271,426 | $795,487 | $215,704 | $4,392 | $542,520 | $252,967 |
| 2024 | $263,777 | $787,660 | $208,777 | $4,251 | $534,480 | $253,180 |
About 8621 SW 161 TER, Palmetto Bay, FL 33157
8621 SW 161 TER, Palmetto Bay, FL 33157 is a 4-bedroom, 2-bathroom residential - single family : 1 unit built in 1966 with 1,880 square feet of living space on a 16,440 square foot lot. The property is currently owned by LOUIS M ANDRIS TRS THE ANDRIS FAMILY TRUST, 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 2020-05-02 for $100, when LOUIS M ANDRIS JR &W GIEDRE sold to LOUIS M ANDRIS TRS. The 2025 assessed value is $271,426 with a market value of $795,487. This breaks down to $542,520 for the land and $252,967 for the building.
The assessed value increased 3% from $263,777 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.
8621 SW 161 TER, 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..
Current Owner
LOUIS M ANDRIS TRS THE ANDRIS FAMILY TRUST
8621 SW 161 TER, MIAMI, FL, 33157
Since: 2026-04-19
View owner profile →
People Behind This Entity
Flood Zone
Zone AE
Special Flood Hazard Area
Est. Annual Insurance
$3,657 — $6,771
Flood $400 — $800
Property/Wind $3,257 — $5,971
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
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