8925 SW 159 TER, Palmetto Bay, FL 33157

8925 SW 159 TER, Palmetto Bay, FL 33157 is a 4-bedroom, 3-bathroom residential - single family : 1 unit built in 2023 with 2,179 square feet of living space on a 7,950 square foot lot. The property is currently owned by ISAAC E PALMA KAREN GABRIELA PALMA, 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 2023-12-20 for $810,200, when CENTURY HOMEBUILDERS GROUP LLC sold to ISAAC E PALMA. The 2025 assessed value is $429,996 with a market value of $741,928. This breaks down to $270,300 for the land and $471,628 for the building.

The assessed value decreased 43% from $752,696 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.

There are active mortgage liens totaling $791,125 recorded against this property. 8925 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 current assessed value represents 53% 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 $372 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..