7945 SW 168 ST, Palmetto Bay, FL 33157

Parcel: 3350270530070 · Residential - Single Family · 1 Unit · Zoning: 2100

Assessed Value (2025)
$743,014

Property Details

Beds
4
Baths
3
Living Sqft
3,070
Year Built
2003
Lot Sqft
19,538
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$489,000
2003-04-01
2
N/Anon-market transfer
2005-09-01
3
$632,500
2016-04-29
FRITZ CUDJOE LLC JORGE I TORRES

Tax Assessment History

$743,014
Assessed (2025)
$1,269,040
Market Value
$692,292
Taxable Value
$14,095
Annual Tax
2024
$722,074
$1,219,234
2025
$743,014
$1,269,040
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $743,014 $1,269,040 $692,292 $14,095
2024 $722,074 $1,219,234 $672,074 $13,683

About 7945 SW 168 ST, Palmetto Bay, FL 33157

7945 SW 168 ST, Palmetto Bay, FL 33157 is a 4-bedroom, 3-bathroom residential - single family : 1 unit built in 2003 with 3,070 square feet of living space on a 19,538 square foot lot. The property is currently owned by JORGE I TORRES LILIAN M MARTINEZ, 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 2016-04-29 for $632,500, when FRITZ CUDJOE LLC sold to JORGE I TORRES. There are 3 recorded sales for this property. The 2025 assessed value is $743,014 with a market value of $1,269,040.

This breaks down to $644,754 for the land and $624,286 for the building. The assessed value increased 3% from $722,074 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 $619,991 recorded against this property. 7945 SW 168 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 2003 to 2016, with 3 recorded transactions in the public record. The current assessed value represents 117% of the most recent sale price.

Based on the most recent sale, this property traded at $206 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..

Current Owner

JORGE I TORRES LILIAN M MARTINEZ
7945 SW 168 ST, MIAMI, FL, 33157
Since: 2026-04-19
View owner profile →

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$4,858 — $8,230
Flood $400 — $800
Property/Wind $4,458 — $7,430

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
$647,200
~$619,991 bal.
ROCKET MORTGAGE LLC · 2022-09-07
Est. Total Balance $619,991
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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