8620 SW 159 ST, Palmetto Bay, FL 33157
Parcel: 3350280051490 · Residential - Single Family · 1 Unit · Zoning: 2100
Assessed Value (2025)
$647,800
Property Details
Beds
3
Baths
2
Living Sqft
1,459
Year Built
1965
Lot Sqft
16,836
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT
Sales History
1
N/Anon-market transfer
1988-06-01
2
$174,500
2000-07-01
3
$100non-market transfer
2022-07-18
MOHAMMAD MIRZAKHANI → PALM 159 LLC
Tax Assessment History
$647,800
Assessed (2025)
$647,800
Market Value
$647,800
Taxable Value
$13,189
Annual Tax
2024
$613,721
$726,042
2025
$647,800
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $647,800 | $647,800 | $647,800 | $13,189 | $555,588 | $92,212 |
| 2024 | $613,721 | $726,042 | $613,721 | $12,495 | $557,130 | $168,912 |
About 8620 SW 159 ST, Palmetto Bay, FL 33157
8620 SW 159 ST, Palmetto Bay, FL 33157 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1965 with 1,459 square feet of living space on a 16,836 square foot lot. The property is currently owned by PALM 159 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 2022-07-18 for $100, when MOHAMMAD MIRZAKHANI sold to PALM 159 LLC. The property sold for $174,400 less than the prior sale of $174,500 on 2000-07-01. There are 3 recorded sales for this property.
The 2025 assessed value is $647,800 with a market value of $647,800. This breaks down to $555,588 for the land and $92,212 for the building. The assessed value increased 6% from $613,721 in 2024.
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. 8620 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 1988 to 2022, with 3 recorded transactions in the public record..
Current Owner
PALM 159 LLC
13611 DEERING BAY DR SIENA #604, CORAL GABLES, FL, 33158
Since: 2026-04-19
View owner profile →
Flood Zone
Zone AE
Special Flood Hazard Area
Est. Annual Insurance
$8,173 — $15,051
Flood $400 — $800
Property/Wind $7,773 — $14,251
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
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