8240 SW 160 ST, Palmetto Bay, FL 33157

8240 SW 160 ST, Palmetto Bay, FL 33157 is a 4-bedroom, 2.5-bathroom residential - single family : 1 unit built in 1980 with 2,880 square feet of living space on a 17,073 square foot lot. The property is currently owned by RONALD ALBERT CYNTHIA S ALBERT, 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 2021-04-09 for $775,000, when BARRY E BRAND TRS sold to RONALD ALBERT. The property has appreciated $774,900 (774900%) since the prior sale of $100 on 2019-04-05. There are 3 recorded sales for this property.

The 2025 assessed value is $268,046 with a market value of $968,368. This breaks down to $563,409 for the land and $404,959 for the building. The assessed value increased 3% from $260,492 in 2024.

The property has the following tax exemptions: homestead. 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.

8240 SW 160 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 1986 to 2021, with 3 recorded transactions in the public record.

The current assessed value represents 35% of the most recent sale price. This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase. Based on the most recent sale, this property traded at $269 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..