7864 SW 179 TER, Palmetto Bay, FL 33157

Parcel: 3350340131380 · Residential - Single Family · 1 Unit · Zoning: 2100

Assessed Value (2025)
$913,454

Property Details

Beds
5
Baths
2
Living Sqft
2,164
Year Built
1977
Lot Sqft
15,360
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$571,330
2006-11-01
2
$1,000,000+75%
2022-08-23
NELSON R CABRERA &WERIC M FERNANDEZ
3
$560,000-44%
2025-10-09
ERIC M FERNANDEZPINALILLO LLC
4
$560,100+0%
2025-10-15

Tax Assessment History

$913,454
Assessed (2025)
$913,454
Market Value
$862,732
Taxable Value
$17,565
Annual Tax
2024
$926,238
$928,175
2025
$913,454
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $913,454 $913,454 $862,732 $17,565
2024 $926,238 $928,175 $926,238 $18,857

About 7864 SW 179 TER, Palmetto Bay, FL 33157

7864 SW 179 TER, Palmetto Bay, FL 33157 is a 5-bedroom, 2-bathroom residential - single family : 1 unit built in 1977 with 2,164 square feet of living space on a 15,360 square foot lot. The property is currently owned by PINALILLO LLC C/O MENDEZ AND MENDEZ PA, 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 2025-10-15 for $560,100. The property has appreciated $100 (0%) since the prior sale of $560,000 on 2025-10-09. There are 4 recorded sales for this property.

The 2025 assessed value is $913,454 with a market value of $913,454. This breaks down to $460,800 for the land and $452,654 for the building. The assessed value decreased 1% from $926,238 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 $50,000 recorded against this property.

7864 SW 179 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 2006 to 2025, with 4 recorded transactions in the public record.

The current assessed value represents 163% 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 $259 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..

Current Owner

PINALILLO LLC C/O MENDEZ AND MENDEZ PA
7400 SW 57 CT 202, SOUTH MIAMI, FL, 33143
Since: 2026-04-19
View owner profile →

People Behind This Entity

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$9,534 — $17,242
Flood $400 — $800
Property/Wind $9,134 — $16,442

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
$50,000
TJT HOLDINGS LLC · 2023-06-22
1 satisfied mortgage
SATISFIED 2022-08-24
$670,000
BENWORTH CAPITAL PARTNERS LLC
Est. Total Balance $50,000
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
Zoom in to see property sales