8820 SW 162 ST, Palmetto Bay, FL 33157

Parcel: 3350280220070 · Residential - Single Family · 1 Unit · Zoning: 2100

Assessed Value (2025)
$934,514

Property Details

Beds
4
Baths
2
Living Sqft
2,011
Year Built
1969
Lot Sqft
25,625
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$560,000
2017-05-19
JOANNA D SIKKENATHOMAS S WARD
2
$100non-market transfer
2017-05-19
JOANNA D SIKKENAJOANNA D SIKKENA
3
$1,100,000
2023-05-09
THOMAS S WARDMICHAEL JOSEPH VENINCASA
4
$1,100,000
2023-05-18

Tax Assessment History

$934,514
Assessed (2025)
$1,052,291
Market Value
$883,792
Taxable Value
$17,993
Annual Tax
2024
$908,177
2025
$934,514
$1,052,291
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $934,514 $1,052,291 $883,792 $17,993
2024 $908,177 $908,177 $858,177 $17,472

About 8820 SW 162 ST, Palmetto Bay, FL 33157

8820 SW 162 ST, Palmetto Bay, FL 33157 is a 4-bedroom, 2-bathroom residential - single family : 1 unit built in 1969 with 2,011 square feet of living space on a 25,625 square foot lot. The property is currently owned by MICHAEL JOSEPH VENINCASA EMILIE MARIE VENINCASA, 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 2023-05-18 for $1,100,000. There are 4 recorded sales for this property. The 2025 assessed value is $934,514 with a market value of $1,052,291.

This breaks down to $794,375 for the land and $257,916 for the building. The assessed value increased 3% from $908,177 in 2024. The property has the following tax exemptions: homestead.

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. There are active mortgage liens totaling $1,063,130 recorded against this property. 8820 SW 162 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 2017 to 2023, with 4 recorded transactions in the public record. The current assessed value represents 85% of the most recent sale price.

Based on the most recent sale, this property traded at $547 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..

Current Owner

MICHAEL JOSEPH VENINCASA EMILIE MARIE VENINCASA
8820 SW 162 ST, PALMETTO BAY, FL, 33157
Since: 2026-04-19
View owner profile →

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$11,614 — $21,359
Flood $400 — $800
Property/Wind $11,214 — $20,559

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 →

Mortgages

ACTIVE
$1,100,000
~$1,063,130 bal.
FIRST HORIZON BANK · 2023-05-18
Est. Total Balance $1,063,130
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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