9112 SW 159 TER A, Palmetto Bay, FL 33157

9112 SW 159 TER A, Palmetto Bay, FL 33157 is a 2-bedroom, 1.5-bathroom residential - total value : condominium - residential built in 1974 with 1,018 square feet of living space. The property is currently owned by ALMA REI 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 2025-03-05 for $327,000. There are 4 recorded sales for this property. The 2025 assessed value is $190,147 with a market value of $241,557.

The assessed value increased 10% from $172,861 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. 9112 SW 159 TER A, 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 1996 to 2025, with 4 recorded transactions in the public record. The current assessed value represents 58% of the most recent sale price.

This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase. Based on the most recent sale, this property traded at $321 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..