8847 SW 155 TER, Palmetto Bay, FL 33157

Parcel: 3350280160130 · Residential - Single Family · 1 Unit · Zoning: 2100

Assessed Value (2025)
$440,715

Property Details

Beds
5
Baths
3
Living Sqft
2,699
Year Built
1968
Lot Sqft
17,875
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$163,000
2019-06-19
LAURA S ALLENWILFREDO URQUIAGA
2
$163,000
2019-06-20
ELIZABETH S GREIMWILFREDO URQUIAGA

Tax Assessment History

$440,715
Assessed (2025)
$868,102
Market Value
$389,993
Taxable Value
$7,940
Annual Tax
2024
$428,295
$824,469
2025
$440,715
$868,102
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $440,715 $868,102 $389,993 $7,940
2024 $428,295 $824,469 $378,295 $7,702

About 8847 SW 155 TER, Palmetto Bay, FL 33157

8847 SW 155 TER, Palmetto Bay, FL 33157 is a 5-bedroom, 3-bathroom residential - single family : 1 unit built in 1968 with 2,699 square feet of living space on a 17,875 square foot lot. The property is currently owned by WILFREDO URQUIAGA CHERYL URQUIAGA, 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 2019-06-20 for $163,000, when ELIZABETH S GREIM sold to WILFREDO URQUIAGA. The 2025 assessed value is $440,715 with a market value of $868,102. This breaks down to $572,000 for the land and $296,102 for the building.

The assessed value increased 3% from $428,295 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. 8847 SW 155 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 2019 to 2019, with 2 recorded transactions in the public record. The current assessed value represents 270% of the most recent sale price. This high ratio could indicate the property was purchased below market value — a potential sign of a distressed sale or off-market deal.

Based on the most recent sale, this property traded at $60 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..

Current Owner

WILFREDO URQUIAGA CHERYL URQUIAGA
8847 SW 155 TER, PALMETTO BAY, FL, 33157
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$5,688 — $10,495
Flood $400 — $800
Property/Wind $5,288 — $9,695

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 →
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