7920 SW 173 TER, Palmetto Bay, FL 33157

7920 SW 173 TER, Palmetto Bay, FL 33157 is a 4-bedroom, 4.5-bathroom residential - single family : 1 unit built in 1983 with 4,115 square feet of living space on a 15,410 square foot lot. The property is currently owned by MICHAEL E GRUENER CHRISTA GRUENER, 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 2014-04-15 for $640,000, when JEREMY J HART sold to MICHAEL E GRUENER. The property sold for $1,500 less than the prior sale of $641,500 on 2004-01-01. There are 3 recorded sales for this property.

The 2025 assessed value is $785,667 with a market value of $946,318. This breaks down to $462,300 for the land and $484,018 for the building. The assessed value increased 10% from $714,243 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. 7920 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 1999 to 2014, with 3 recorded transactions in the public record. The current assessed value represents 123% 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 $156 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..