7805 SW 183 TER, Palmetto Bay, FL 33157

7805 SW 183 TER, Palmetto Bay, FL 33157 is a 4-bedroom, 2.5-bathroom residential - single family : 1 unit built in 1977 with 3,246 square feet of living space on a 15,000 square foot lot. The property is currently owned by KARL BONHOMME, 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 2011-06-10 for $480,000, when MELVIN RIBBING III &W sold to KARL BONHOMME. The property has appreciated $165,000 (52%) since the prior sale of $315,000 on 2000-11-01. There are 3 recorded sales for this property.

The 2025 assessed value is $439,463 with a market value of $851,448. This breaks down to $450,000 for the land and $401,448 for the building. The assessed value increased 3% from $427,078 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. 7805 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 1997 to 2011, 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 $148 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..