8950 SW 152 ST, Palmetto Bay, FL 33157

Parcel: 3350280000080 · Office Building - One Story · Office Building · Zoning: 6900

Assessed Value (2025)
$6,250,000

Property Details

Living Sqft
41,176
Year Built
1970
Lot Sqft
108,580
Stories
1
OFFICE BUILDING - ONE STORY : OFFICE BUILDING

Sales History

1
$1,455,000
2002-06-01

Tax Assessment History

$6,250,000
Assessed (2025)
$6,250,000
Market Value
$6,250,000
Taxable Value
$127,245
Annual Tax
2024
$5,702,971
2025
$6,250,000
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $6,250,000 $6,250,000 $6,250,000 $127,245
2024 $5,702,971 $5,702,971 $5,702,971 $116,108

About 8950 SW 152 ST, Palmetto Bay, FL 33157

8950 SW 152 ST, Palmetto Bay, FL 33157 is a office building - one story : office building built in 1970 with 41,176 square feet of living space on a 108,580 square foot lot. The property is currently owned by MICHAEL W SONTAG INC, 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 2002-06-01 for $1,455,000. The 2025 assessed value is $6,250,000 with a market value of $6,250,000. This breaks down to $3,257,400 for the land and $2,992,600 for the building.

The assessed value increased 10% from $5,702,971 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.

8950 SW 152 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 current assessed value represents 430% 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 $35 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..

Building Permits (1)

Permit #TypeStatusCost
C2003097959 limp expired

Current Owner

MICHAEL W SONTAG INC
15912 SW 92 AVE, PALMETTO BAY, FL, 33157-1842
Since: 2026-04-19
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Est. Annual Insurance

$62,900 — $113,300
Flood $400 — $800
Property/Wind $62,500 — $112,500

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
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