8875 SW 154 TER, Palmetto Bay, FL 33157

8875 SW 154 TER, Palmetto Bay, FL 33157 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1971 with 2,430 square feet of living space on a 18,125 square foot lot. The property is currently owned by ALEJANDRO J GONZALEZ JAMI LEE R GONZALEZ, 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 2010-09-27 for $240,000, when JULIE FIGUEREDO sold to ALEJANDRO J GONZALEZ. The property sold for $299,000 less than the prior sale of $539,000 on 2005-10-01. There are 3 recorded sales for this property.

The 2025 assessed value is $327,894 with a market value of $817,630. This breaks down to $580,000 for the land and $237,630 for the building. The assessed value increased 3% from $318,654 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.

8875 SW 154 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 1971 to 2010, with 3 recorded transactions in the public record.

The current assessed value represents 137% 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 $99 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..