7540 SW 175 ST, Palmetto Bay, FL 33157

Parcel: 3350340130430 · Residential - Single Family · 1 Unit · Zoning: 2100

Assessed Value (2025)
$795,089

Property Details

Beds
3
Baths
2
Living Sqft
2,270
Year Built
1974
Lot Sqft
15,000
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$192,700
2016-11-29
NICHOLAS SELLARNICHOLAS SELLAR
2
$100non-market transfer
2018-09-27
NICHOLAS SELLARNICHOLAS SELLAR
3
$790,000
2021-08-31
NICHOLAS SELLARFARID CUMPLIDO

Tax Assessment History

$795,089
Assessed (2025)
$867,959
Market Value
$744,367
Taxable Value
$15,155
Annual Tax
2024
$772,682
$978,177
2025
$795,089
$867,959
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $795,089 $867,959 $744,367 $15,155
2024 $772,682 $978,177 $722,682 $14,713

About 7540 SW 175 ST, Palmetto Bay, FL 33157

7540 SW 175 ST, Palmetto Bay, FL 33157 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1974 with 2,270 square feet of living space on a 15,000 square foot lot. The property is currently owned by FARID CUMPLIDO LAURA CAROLINA MILLAN, 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 2021-08-31 for $790,000, when NICHOLAS SELLAR sold to FARID CUMPLIDO. The property has appreciated $789,900 (789900%) since the prior sale of $100 on 2018-09-27. There are 3 recorded sales for this property.

The 2025 assessed value is $795,089 with a market value of $867,959. This breaks down to $450,000 for the land and $417,959 for the building. The assessed value increased 3% from $772,682 in 2024.

The property has the following tax exemptions: homestead. This property is located in FEMA Flood Zone X, which indicates minimal flood risk. Flood insurance is typically not required for properties in Zone X.

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. There are active mortgage liens totaling $695,580 recorded against this property.

7540 SW 175 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 2016 to 2021, with 3 recorded transactions in the public record.

The current assessed value represents 101% of the most recent sale price. Based on the most recent sale, this property traded at $348 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..

Current Owner

FARID CUMPLIDO LAURA CAROLINA MILLAN
7540 SW 175 ST, PALMETTO BAY, FL, 33157
Since: 2026-04-19
View owner profile →

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$8,350 — $15,111
Flood $400 — $800
Property/Wind $7,950 — $14,311

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$164,073
Median Home Value$735,500
Pop. Density2,464/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
$736,250
~$695,580 bal.
CITY NATIONAL BANK OF FLORIDA · 2021-09-09
Est. Total Balance $695,580
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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