8988 SW 157 ST, Palmetto Bay, FL 33157

8988 SW 157 ST, Palmetto Bay, FL 33157 is a 3-bedroom, 1-bathroom residential - single family : 1 unit built in 1948 with 1,503 square feet of living space on a 7,260 square foot lot. The property is currently owned by LUZ P CERDA, recorded as of 2026-04-19. The owner appears to be owner-occupied based on the mailing address matching the property address.

There are 3 recorded sales for this property. The 2025 assessed value is $163,188 with a market value of $366,699. This breaks down to $246,840 for the land and $119,859 for the building.

The assessed value increased 3% from $158,589 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.

8988 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 2003 to 2004, with 3 recorded transactions in the public record..