7985 SW 173 TER, Palmetto Bay, FL 33157

Parcel: 3350340180010 · Residential - Single Family · 1 Unit · Zoning: 2100

Assessed Value (2025)
$686,040

Property Details

Beds
5
Baths
3
Living Sqft
3,330
Year Built
1991
Lot Sqft
15,410
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$310,000
1998-05-01
2
$855,000+176%
2020-07-27
RAFAEL JIMENEZSAIDA I GAMARGO
3
$100non-market transfer
2022-11-16
SAIDA I GAMARGOJUAN GAMARGO TRS
4
N/A
2022-11-21

Tax Assessment History

$686,040
Assessed (2025)
$1,044,626
Market Value
$635,318
Taxable Value
$12,935
Annual Tax
2024
$666,706
$1,060,360
2025
$686,040
$1,044,626
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $686,040 $1,044,626 $635,318 $12,935
2024 $666,706 $1,060,360 $616,706 $12,556

About 7985 SW 173 TER, Palmetto Bay, FL 33157

7985 SW 173 TER, Palmetto Bay, FL 33157 is a 5-bedroom, 3-bathroom residential - single family : 1 unit built in 1991 with 3,330 square feet of living space on a 15,410 square foot lot. The property is currently owned by JUAN GAMARGO TRS GM ALLIANCE FAMILY TRUST, recorded as of 2026-04-19. The owner appears to be owner-occupied based on the mailing address matching the property address.

There are 4 recorded sales for this property. The 2025 assessed value is $686,040 with a market value of $1,044,626. This breaks down to $462,300 for the land and $582,326 for the building.

The assessed value increased 3% from $666,706 in 2024. The property has the following tax exemptions: homestead. This property is located in FEMA Flood Zone AE, a Special Flood Hazard Area with a 1% annual chance of flooding (100-year floodplain).

Flood insurance is typically required by lenders for properties in this zone. The median household income in this area is $160,809, and the median home value is $724,500. The population density is 4,676 people per square mile.

7985 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 1998 to 2022, with 4 recorded transactions in the public record..

Current Owner

JUAN GAMARGO TRS GM ALLIANCE FAMILY TRUST
7985 SW 173 TER, PALMETTO BAY, FL, 33157
Since: 2026-04-19
View owner profile →

People Behind This Entity

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$7,260 — $13,148
Flood $400 — $800
Property/Wind $6,860 — $12,348

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$160,809
Median Home Value$724,500
Pop. Density4,676/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 →
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