9118 SW 161 TER, Palmetto Bay, FL 33157

9118 SW 161 TER, Palmetto Bay, FL 33157 is a 3-bedroom, 2-bathroom residential - single family : residential - total value built in 2000 with 1,502 square feet of living space on a 5,003 square foot lot. The property is currently owned by IH4 PROPERTY FLORIDA LP, 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 2014-07-23 for $320,000, when MELISSA EARP sold to IH4 PROPERTY FLORIDA LP. There are 3 recorded sales for this property. The 2025 assessed value is $399,482 with a market value of $546,807.

This breaks down to $225,068 for the land and $321,739 for the building. The assessed value increased 10% from $363,166 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 $164,073, and the median home value is $735,500. The population density is 2,464 people per square mile.

9118 SW 161 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 2000 to 2014, with 3 recorded transactions in the public record.

The current assessed value represents 125% 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 $213 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..