7985 SW 165 ST, Palmetto Bay, FL 33157

Parcel: 3350270190090 · Residential - Single Family · 1 Unit · Zoning: 2100

Assessed Value (2025)
$519,221

Property Details

Beds
4
Baths
2
Living Sqft
2,154
Year Built
1969
Lot Sqft
18,034
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
N/Anon-market transfer
1998-09-01
2
$400,000
2011-09-16
DIANE THERESA TEMPLETON TRUSTEESHAKER CHEHAB JTRS
3
$537,500+34%
2014-09-03
SHAKER CHEHAB JTRSRICHARD E CORREOSO

Tax Assessment History

$519,221
Assessed (2025)
$928,829
Market Value
$463,499
Taxable Value
$9,436
Annual Tax
2024
$504,588
$897,881
2025
$519,221
$928,829
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $519,221 $928,829 $463,499 $9,436
2024 $504,588 $897,881 $449,588 $9,153

About 7985 SW 165 ST, Palmetto Bay, FL 33157

7985 SW 165 ST, Palmetto Bay, FL 33157 is a 4-bedroom, 2-bathroom residential - single family : 1 unit built in 1969 with 2,154 square feet of living space on a 18,034 square foot lot. The property is currently owned by RICHARD E CORREOSO MARGARET B CORREOSO, 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 2014-09-03 for $537,500, when SHAKER CHEHAB JTRS sold to RICHARD E CORREOSO. The property has appreciated $137,500 (34%) since the prior sale of $400,000 on 2011-09-16. There are 3 recorded sales for this property.

The 2025 assessed value is $519,221 with a market value of $928,829. This breaks down to $595,122 for the land and $333,707 for the building. The assessed value increased 3% from $504,588 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. There are active mortgage liens totaling $412,256 recorded against this property.

7985 SW 165 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 1998 to 2014, with 3 recorded transactions in the public record.

The current assessed value represents 97% of the most recent sale price. Based on the most recent sale, this property traded at $250 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..

Current Owner

RICHARD E CORREOSO MARGARET B CORREOSO
7985 SW 165 ST, PALMETTO BAY, FL, 33157
Since: 2026-04-19
View owner profile →

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$6,630 — $12,222
Flood $400 — $800
Property/Wind $6,230 — $11,422

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 →

Mortgages

ACTIVE
$466,000
~$412,256 bal.
WELLS FARGO BANK NA · 2022-02-16
Est. Total Balance $412,256
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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