8950 SW 159 TER, Palmetto Bay, FL 33157

8950 SW 159 TER, Palmetto Bay, FL 33157 is a 4-bedroom, 3-bathroom residential - single family : 1 unit built in 1988 with 2,577 square feet of living space on a 17,686 square foot lot. The property is currently owned by MARVIN JEROME JOHNSON ANNIE JOHNSON, 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 2015-01-15 for $100, when M JEROME JOHNSON sold to MARVIN JEROME JOHNSON . The property sold for $229,900 less than the prior sale of $230,000 on 1999-01-01. There are 3 recorded sales for this property.

The 2025 assessed value is $550,654 with a market value of $937,526. This breaks down to $565,952 for the land and $371,574 for the building. The assessed value increased 3% from $535,136 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. 8950 SW 159 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 1990 to 2015, with 3 recorded transactions in the public record..