7840 SW 183 TER, Palmetto Bay, FL 33157

Parcel: 3350340230030 · Residential - Single Family · 1 Unit · Zoning: 2300

Assessed Value (2025)
$1,279,460

Property Details

Beds
6
Baths
4
Living Sqft
5,538
Year Built
1981
Lot Sqft
35,806
Stories
2
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$100non-market transfer
2017-11-30
BENJAMIN T BARLOW &W KELLEY E WELLS FARGO USA HOLDINGS INC
2
$670,000
2018-08-27
WELLS FARGO USA HOLDINGS INCRAFIK ISHAK
3
$1,390,000+107%
2021-09-17
RAFIK ISHAKGABRIEL RODRIGUEZ

Tax Assessment History

$1,279,460
Assessed (2025)
$1,718,511
Market Value
$1,228,738
Taxable Value
$25,016
Annual Tax
2024
$1,243,402
$1,692,725
2025
$1,279,460
$1,718,511
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $1,279,460 $1,718,511 $1,228,738 $25,016
2024 $1,243,402 $1,692,725 $1,193,402 $24,297

About 7840 SW 183 TER, Palmetto Bay, FL 33157

7840 SW 183 TER, Palmetto Bay, FL 33157 is a 6-bedroom, 4-bathroom residential - single family : 1 unit built in 1981 with 5,538 square feet of living space on a 35,806 square foot lot. The property is currently owned by GABRIEL RODRIGUEZ MARIAGRACIA RODRIGUEZ, 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 2021-09-17 for $1,390,000, when RAFIK ISHAK sold to GABRIEL RODRIGUEZ. The property has appreciated $720,000 (107%) since the prior sale of $670,000 on 2018-08-27. There are 3 recorded sales for this property.

The 2025 assessed value is $1,279,460 with a market value of $1,718,511. This breaks down to $895,150 for the land and $823,361 for the building. The assessed value increased 3% from $1,243,402 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 $432,725 recorded against this property.

7840 SW 183 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 2017 to 2021, with 3 recorded transactions in the public record.

The current assessed value represents 92% of the most recent sale price. Based on the most recent sale, this property traded at $251 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..

Current Owner

GABRIEL RODRIGUEZ MARIAGRACIA RODRIGUEZ
7840 SW 183 TER, PALMETTO BAY, FL, 33157
Since: 2026-04-19
View owner profile →

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$13,194 — $23,830
Flood $400 — $800
Property/Wind $12,794 — $23,030

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
$548,250
~$432,725 bal.
1ST FINANCIAL INC · 2021-09-28
Est. Total Balance $432,725
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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