9151 SW 178 TER, Palmetto Bay, FL 33157

9151 SW 178 TER, Palmetto Bay, FL 33157 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1972 with 1,323 square feet of living space on a 9,900 square foot lot. The property is currently owned by RICHARD J SMITH JR &W ALLISON B, 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 2006-12-01 for $345,000. The property has appreciated $277,500 (411%) since the prior sale of $67,500 on 1981-10-01. The 2025 assessed value is $458,805 with a market value of $517,478.

This breaks down to $326,700 for the land and $190,778 for the building. The assessed value increased 10% from $417,096 in 2024. 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. 9151 SW 178 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 1981 to 2006, with 2 recorded transactions in the public record. The current assessed value represents 133% 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 $261 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..