9375 SW 173 TER, Palmetto Bay, FL 33157

9375 SW 173 TER, Palmetto Bay, FL 33157 is a 4-bedroom, 3.5-bathroom residential - single family : 1 unit built in 2016 with 2,465 square feet of living space on a 9,871 square foot lot. The property is currently owned by RAMON GERARDO VARELA MARTINEZ DIANELYS ESPINO ALVAREZ, 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 2016-09-30 for $465,000, when ADRIAN BUILDERS AT PALMETTO BAY sold to RAMON GERARDO VARELA MARTINEZ. The property sold for $525,000 less than the prior sale of $990,000 on 2015-10-20. The 2025 assessed value is $563,338 with a market value of $779,603.

This breaks down to $325,743 for the land and $453,860 for the building. The assessed value increased 3% from $547,462 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. 9375 SW 173 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 2015 to 2016, with 2 recorded transactions in the public record. The current assessed value represents 121% 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 $189 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..