8402 SW 162 TER, Palmetto Bay, FL 33157

Parcel: 3350270500140 · Residential - Single Family · 1 Unit · Zoning: 2100

Assessed Value (2025)
$1,062,102

Property Details

Beds
4
Baths
3
Living Sqft
2,889
Year Built
1997
Lot Sqft
15,017
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$341,100
1997-10-01
2
$775,000+127%
2019-11-04
CAETANO R LOPES &W FATIMA GCRAIG E ANDERSON
3
$1,245,000+61%
2023-04-26
CRAIG E ANDERSONJENNIFER HENSLEY
4
$1,245,000
2023-05-11

Tax Assessment History

$1,062,102
Assessed (2025)
$1,062,102
Market Value
$1,011,380
Taxable Value
$20,591
Annual Tax
2024
$1,071,580
$1,084,590
2025
$1,062,102
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $1,062,102 $1,062,102 $1,011,380 $20,591
2024 $1,071,580 $1,084,590 $1,021,580 $20,799

About 8402 SW 162 TER, Palmetto Bay, FL 33157

8402 SW 162 TER, Palmetto Bay, FL 33157 is a 4-bedroom, 3-bathroom residential - single family : 1 unit built in 1997 with 2,889 square feet of living space on a 15,017 square foot lot. The property is currently owned by JENNIFER HENSLEY, 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 2023-05-11 for $1,245,000. There are 4 recorded sales for this property. The 2025 assessed value is $1,062,102 with a market value of $1,062,102.

This breaks down to $495,561 for the land and $566,541 for the building. The assessed value decreased 1% from $1,071,580 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 $314,034 recorded against this property. 8402 SW 162 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. The complete ownership history of this property spans from 1997 to 2023, with 4 recorded transactions in the public record. The current assessed value represents 85% of the most recent sale price.

Based on the most recent sale, this property traded at $431 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..

Building Permits (1)

Permit #TypeStatusCost
S1997231819 plumbing expired

Current Owner

JENNIFER HENSLEY
8402 SW 162 TER, PALMETTO BAY, FL, 33157
Since: 2026-04-19
View owner profile →

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$8,896 — $15,669
Flood $400 — $800
Property/Wind $8,496 — $14,869

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
$325,000
~$314,034 bal.
NORTHROP GRUMMAN FCU · 2023-05-11
1 satisfied mortgage
SATISFIED 2021-04-28
$632,000
HOME FINANCING CENTER INC
Est. Total Balance $314,034
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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