9040 SW 157 ST, Palmetto Bay, FL 33157

Parcel: 3350280010401 · Residential - Single Family · 1 Unit · Zoning: 0100

Assessed Value (2025)
$374,920

Property Details

Beds
4
Baths
2
Living Sqft
1,715
Year Built
1991
Lot Sqft
7,150
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$100non-market transfer
2010-03-17
OBED DURADO &W NATALIAOBED DUARDO
2
$320,000
2013-06-07
OBED DUARDOWENDY J STEVENS
3
$383,000+20%
2016-08-31
WENDY J STEVENSBENJAMIN VILCHEZ

Tax Assessment History

$374,920
Assessed (2025)
$523,048
Market Value
$324,198
Taxable Value
$6,600
Annual Tax
2024
$364,354
$583,758
2025
$374,920
$523,048
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $374,920 $523,048 $324,198 $6,600
2024 $364,354 $583,758 $314,354 $6,400

About 9040 SW 157 ST, Palmetto Bay, FL 33157

9040 SW 157 ST, Palmetto Bay, FL 33157 is a 4-bedroom, 2-bathroom residential - single family : 1 unit built in 1991 with 1,715 square feet of living space on a 7,150 square foot lot. The property is currently owned by BENJAMIN VILCHEZ, 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 2016-08-31 for $383,000, when WENDY J STEVENS sold to BENJAMIN VILCHEZ. The property has appreciated $63,000 (20%) since the prior sale of $320,000 on 2013-06-07. There are 3 recorded sales for this property.

The 2025 assessed value is $374,920 with a market value of $523,048. This breaks down to $243,100 for the land and $279,948 for the building. The assessed value increased 3% from $364,354 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 $160,809, and the median home value is $724,500. The population density is 4,676 people per square mile. 9040 SW 157 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 2010 to 2016, with 3 recorded transactions in the public record. The current assessed value represents 98% of the most recent sale price.

Based on the most recent sale, this property traded at $223 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..

Current Owner

BENJAMIN VILCHEZ
9040 SW 157 ST, PALMETTO BAY, FL, 33157
Since: 2026-04-19
View owner profile →

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$4,149 — $7,548
Flood $400 — $800
Property/Wind $3,749 — $6,748

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
View full risk analysis →
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