8481 SW 167 TER, Palmetto Bay, FL 33157

8481 SW 167 TER, Palmetto Bay, FL 33157 is a 4-bedroom, 3-bathroom residential - single family : 1 unit built in 1993 with 3,264 square feet of living space on a 17,843 square foot lot. The property is currently owned by FELIPE BASULTO, 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 2025-07-07 for $1,290,000. There are 4 recorded sales for this property. The 2025 assessed value is $1,096,500 with a market value of $1,096,500.

This breaks down to $624,505 for the land and $471,995 for the building. The assessed value decreased 12% from $1,251,969 in 2024. 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 $164,073, and the median home value is $735,500. The population density is 2,464 people per square mile.

There are active mortgage liens totaling $970,901 recorded against this property. 8481 SW 167 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 2010 to 2025, 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 $395 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..