7940 SW 173 TER, Palmetto Bay, FL 33157

7940 SW 173 TER, Palmetto Bay, FL 33157 is a 4-bedroom, 3-bathroom residential - single family : 1 unit built in 1977 with 2,252 square feet of living space on a 15,410 square foot lot. The property is currently owned by LATORO LLC, 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 2022-08-31 for $950,000. There are 4 recorded sales for this property. The 2025 assessed value is $854,224 with a market value of $854,224.

This breaks down to $462,300 for the land and $391,924 for the building. The assessed value decreased 3% from $877,097 in 2024. 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.

7940 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 1993 to 2022, with 4 recorded transactions in the public record.

The current assessed value represents 90% of the most recent sale price. Based on the most recent sale, this property traded at $422 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..