8845 SW 156 TER, Palmetto Bay, FL 33157

8845 SW 156 TER, Palmetto Bay, FL 33157 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1960 with 3,021 square feet of living space on a 15,194 square foot lot. The property is currently owned by MARFED INVESTMENTS LLC, 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 2025-11-21 for $1,125,000. There are 4 recorded sales for this property. The 2025 assessed value is $689,147 with a market value of $778,004.

This breaks down to $486,208 for the land and $291,796 for the building. The assessed value increased 10% from $626,498 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. 8845 SW 156 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 2005 to 2025, with 4 recorded transactions in the public record. The current assessed value represents 61% of the most recent sale price. This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase.

Based on the most recent sale, this property traded at $372 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..