9245 SW 157 ST, Palmetto Bay, FL 33157

9245 SW 157 ST, Palmetto Bay, FL 33157 is a office building - multistory : office building built in 1981 with 11,145 square feet of living space on a 22,026 square foot lot. The property is currently owned by KSY 157 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 2011-12-20 for $1,250,000, when CITY NATL BANK OF FLORIDA sold to KSY 157 LLC. The property has appreciated $1,249,800 (624900%) since the prior sale of $200 on 2011-07-20. There are 3 recorded sales for this property.

The 2025 assessed value is $1,620,000 with a market value of $1,620,000. This breaks down to $1,211,430 for the land and $408,570 for the building. The assessed value decreased 9% from $1,790,000 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. 9245 SW 157 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 2008 to 2011, with 3 recorded transactions in the public record. The current assessed value represents 130% 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 $112 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..