8700 SW 153 TER, Palmetto Bay, FL 33157

8700 SW 153 TER, Palmetto Bay, FL 33157 is a 4-bedroom, 3.5-bathroom residential - single family : 1 unit built in 1941 with 4,776 square feet of living space on a 36,155 square foot lot. The property is currently owned by BEN ZEN PROPERTIES LLC, 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 2017-05-05 for $856,000, when FRED J WRIGHT &W MARIA J R sold to BEN ZEN PROPERTIES LLC. The property has appreciated $531,000 (163%) since the prior sale of $325,000 on 1992-02-01. There are 3 recorded sales for this property.

The 2025 assessed value is $1,156,757 with a market value of $1,614,726. This breaks down to $1,048,495 for the land and $566,231 for the building. The assessed value increased 10% from $1,051,598 in 2024.

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 $648,101 recorded against this property.

8700 SW 153 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 1988 to 2017, with 3 recorded transactions in the public record.

The current assessed value represents 135% 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 $179 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..