8261 SW 161 ST, Palmetto Bay, FL 33157

8261 SW 161 ST, Palmetto Bay, FL 33157 is a 5-bedroom, 2.5-bathroom residential - single family : 1 unit built in 1980 with 3,294 square feet of living space on a 17,860 square foot lot. The property is currently owned by GEOFFREY C CHENEY &W JENNIFER P, 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 1997-05-01 for $306,000. The property sold for $23,500 less than the prior sale of $329,500 on 1994-10-01. There are 3 recorded sales for this property.

The 2025 assessed value is $451,471 with a market value of $1,059,168. This breaks down to $589,380 for the land and $469,788 for the building. The assessed value increased 3% from $438,748 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.

8261 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 1991 to 1997, with 3 recorded transactions in the public record.

The current assessed value represents 148% of the most recent sale price. This high ratio could indicate the property was purchased below market value — a potential sign of a distressed sale or off-market deal. Based on the most recent sale, this property traded at $93 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..