8940 SW 163 TER, Palmetto Bay, FL 33157

Parcel: 3350280570470 · Residential - Single Family · 1 Unit · Zoning: 2100

Assessed Value (2025)
$605,437

Property Details

Beds
4
Baths
3
Living Sqft
2,659
Year Built
1996
Lot Sqft
15,212
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$100non-market transfer
2013-12-09
DE SOUZA REAL ESTATEOCTAVIO DE SOUZA
2
$685,000
2015-03-02
OCTAVIO DE SOUZAJUSTIN D LINDSEY
3
$100non-market transfer
2021-03-11
JUSTIN D LINDSEY JUSTIN LINDSEY TRS LE

Tax Assessment History

$605,437
Assessed (2025)
$935,981
Market Value
$554,715
Taxable Value
$11,294
Annual Tax
2024
$588,375
$938,107
2025
$605,437
$935,981
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $605,437 $935,981 $554,715 $11,294
2024 $588,375 $938,107 $538,375 $10,961

About 8940 SW 163 TER, Palmetto Bay, FL 33157

8940 SW 163 TER, Palmetto Bay, FL 33157 is a 4-bedroom, 3-bathroom residential - single family : 1 unit built in 1996 with 2,659 square feet of living space on a 15,212 square foot lot. The property is currently owned by JUSTIN LINDSEY LE MANDY LINDSEY LE, 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 2021-03-11 for $100, when JUSTIN D LINDSEY sold to JUSTIN LINDSEY TRS LE . The property sold for $684,900 less than the prior sale of $685,000 on 2015-03-02. There are 3 recorded sales for this property.

The 2025 assessed value is $605,437 with a market value of $935,981. This breaks down to $486,784 for the land and $449,197 for the building. The assessed value increased 3% from $588,375 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 $164,073, and the median home value is $735,500. The population density is 2,464 people per square mile. 8940 SW 163 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 2013 to 2021, with 3 recorded transactions in the public record..

Building Permits (1)

Permit #TypeStatusCost
N1995154128 plumbing expired

Current Owner

JUSTIN LINDSEY LE MANDY LINDSEY LE
8940 SW 163 TER, PALMETTO BAY, FL, 33157
Since: 2026-04-19
View owner profile →

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$5,243 — $9,276
Flood $400 — $800
Property/Wind $4,843 — $8,476

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$164,073
Median Home Value$735,500
Pop. Density2,464/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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