9250 SW 178 ST, Palmetto Bay, FL 33157

Parcel: 3350330120860 · Residential - Single Family · 1 Unit · Zoning: 2100

Assessed Value (2025)
$375,544

Property Details

Beds
3
Baths
2
Living Sqft
1,848
Year Built
1958
Lot Sqft
15,375
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$145,000
1999-03-01
2
$165,000+14%
2001-06-01
3
$320,000+94%
2016-08-19
RAMIRO FIGUEROA FUENTES &W MICHAEL A FARRES

Tax Assessment History

$375,544
Assessed (2025)
$646,152
Market Value
$324,822
Taxable Value
$6,613
Annual Tax
2024
$364,961
$612,064
2025
$375,544
$646,152
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $375,544 $646,152 $324,822 $6,613
2024 $364,961 $612,064 $314,961 $6,412

About 9250 SW 178 ST, Palmetto Bay, FL 33157

9250 SW 178 ST, Palmetto Bay, FL 33157 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1958 with 1,848 square feet of living space on a 15,375 square foot lot. The property is currently owned by MICHAEL A FARRES DAYAMI FARRES, 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 2016-08-19 for $320,000, when RAMIRO FIGUEROA FUENTES &W sold to MICHAEL A FARRES. The property has appreciated $155,000 (94%) since the prior sale of $165,000 on 2001-06-01. There are 3 recorded sales for this property.

The 2025 assessed value is $375,544 with a market value of $646,152. This breaks down to $430,500 for the land and $215,652 for the building. The assessed value increased 3% from $364,961 in 2024.

The property has the following tax exemptions: homestead. The median household income in this area is $87,096, and the median home value is $608,000. The population density is 4,240 people per square mile.

There are active mortgage liens totaling $97,093 recorded against this property. 9250 SW 178 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 1999 to 2016, with 3 recorded transactions in the public record. The current assessed value represents 117% of the most recent sale price. Based on the most recent sale, this property traded at $173 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..

Current Owner

MICHAEL A FARRES DAYAMI FARRES
9250 SW 178 ST, PALMETTO BAY, FL, 33157
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$4,906 — $9,061
Flood $400 — $800
Property/Wind $4,506 — $8,261

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$87,096
Median Home Value$608,000
Pop. Density4,240/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 →

Mortgages

ACTIVE
$100,000
~$97,093 bal.
BAPTIST HEALTH SOUTH FLORIDA FCU · 2025-09-10
1 satisfied mortgage
SATISFIED 2021-07-08
$360,000
PENNYMAC LOAN SERVICES LLC
Est. Total Balance $97,093
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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