8605 SW 159 ST, Palmetto Bay, FL 33157

Parcel: 3350280051190 · Residential - Single Family · 1 Unit · Zoning: 2100

Assessed Value (2025)
$473,976

Property Details

Beds
3
Baths
2
Living Sqft
2,013
Year Built
1966
Lot Sqft
15,008
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$190,000
1999-06-01
2
$450,000+137%
2004-10-01
3
$530,000+18%
2016-08-31
DEMOTHENES MEKRAS &W LUIS FRANCISCO ESTRADA

Tax Assessment History

$473,976
Assessed (2025)
$765,202
Market Value
$423,254
Taxable Value
$8,617
Annual Tax
2024
$460,619
$776,679
2025
$473,976
$765,202
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $473,976 $765,202 $423,254 $8,617
2024 $460,619 $776,679 $410,619 $8,360

About 8605 SW 159 ST, Palmetto Bay, FL 33157

8605 SW 159 ST, Palmetto Bay, FL 33157 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1966 with 2,013 square feet of living space on a 15,008 square foot lot. The property is currently owned by LUIS FRANCISCO ESTRADA JULIE M ESTRADA, 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 $530,000, when DEMOTHENES MEKRAS &W sold to LUIS FRANCISCO ESTRADA . The property has appreciated $80,000 (18%) since the prior sale of $450,000 on 2004-10-01. There are 3 recorded sales for this property.

The 2025 assessed value is $473,976 with a market value of $765,202. This breaks down to $495,264 for the land and $269,938 for the building. The assessed value increased 3% from $460,619 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.

8605 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 1999 to 2016, with 3 recorded transactions in the public record.

The current assessed value represents 89% of the most recent sale price. Based on the most recent sale, this property traded at $263 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..

Current Owner

LUIS FRANCISCO ESTRADA JULIE M ESTRADA
8605 SW 159 ST, PALMETTO BAY, FL, 33157
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$6,087 — $11,227
Flood $400 — $800
Property/Wind $5,687 — $10,427

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 →
Zoom in to see property sales