8701 SW 159 ST, Palmetto Bay, FL 33157
Parcel: 3350280050830 · Residential - Single Family · 1 Unit · Zoning: 2100
Assessed Value (2025)
$720,486
Property Details
Beds
3
Baths
2
Living Sqft
1,489
Year Built
1959
Lot Sqft
17,420
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT
Sales History
1
$383,000
2013-09-27
ISMAEL J DEMARCHENA → ERICA PAMELA TORO CARVAJAL
2
$850,500+122%
2023-05-08
ERICA PAMELA TORO CARVAJAL → BRUNO G CARAVETTI
3
$850,500
2023-05-18
4
$100non-market transfer
2023-09-01
ERICA PAMELA TORO CARVAJAL → BRUNO G CARAVETTI
5
N/A
2023-10-16
Tax Assessment History
$720,486
Assessed (2025)
$737,531
Market Value
$669,764
Taxable Value
$13,636
Annual Tax
2024
$700,181
2025
$720,486
$737,531
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $720,486 | $737,531 | $669,764 | $13,636 | $557,440 | $180,091 |
| 2024 | $700,181 | $700,181 | $650,181 | $13,237 | $518,720 | $181,461 |
About 8701 SW 159 ST, Palmetto Bay, FL 33157
8701 SW 159 ST, Palmetto Bay, FL 33157 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1959 with 1,489 square feet of living space on a 17,420 square foot lot. The property is currently owned by BRUNO G CARAVETTI ISLA H DOS SANTOS, recorded as of 2026-04-19. The owner appears to be owner-occupied based on the mailing address matching the property address.
There are 5 recorded sales for this property. The 2025 assessed value is $720,486 with a market value of $737,531. This breaks down to $557,440 for the land and $180,091 for the building.
The assessed value increased 3% from $700,181 in 2024. The property has the following tax exemptions: homestead. 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 $698,694 recorded against this property. 8701 SW 159 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 2013 to 2023, with 5 recorded transactions in the public record..
Current Owner
BRUNO G CARAVETTI ISLA H DOS SANTOS
8701 SW 159 ST, PALMETTO BAY, FL, 33157
Since: 2026-04-19
View owner profile →
Est. Annual Insurance
$9,045 — $16,650
Flood $400 — $800
Property/Wind $8,645 — $15,850
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
Mortgages
ACTIVE
$722,925
ROCKET MORTGAGE LLC · 2023-05-18
Est. Total Balance $698,694
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
Zoom in to see property sales