7891 SW 157 TER, Palmetto Bay, FL 33157

7891 SW 157 TER, Palmetto Bay, FL 33157 is a 5-bedroom, 3.5-bathroom residential - single family : 1 unit built in 1997 with 3,647 square feet of living space on a 27,486 square foot lot. The property is currently owned by YOLANDA CASTRO, recorded as of 2026-04-19. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2021-06-21 for $1,395,000, when MARIA HERVE sold to YOLANDA CASTRO. The property has appreciated $345,000 (33%) since the prior sale of $1,050,000 on 2007-06-01. There are 3 recorded sales for this property.

The 2025 assessed value is $1,743,316 with a market value of $1,743,316. This breaks down to $879,552 for the land and $863,764 for the building. The assessed value increased 9% from $1,595,449 in 2024.

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. 7891 SW 157 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 2021, with 3 recorded transactions in the public record. The current assessed value represents 125% 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 $383 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..