18120 SW 78 PL, Palmetto Bay, FL 33157

Parcel: 3350340230280 · Residential - Single Family · 1 Unit · Zoning: 2100

Assessed Value (2025)
$347,492

Property Details

Beds
4
Baths
3
Living Sqft
2,862
Year Built
1980
Lot Sqft
15,000
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$220,000
1982-08-01
2
$105,000-52%
1992-12-01
3
$100non-market transfer
2011-12-12
TOM CHOCHOON TOM CHOCHOON

Tax Assessment History

$347,492
Assessed (2025)
$816,730
Market Value
$296,770
Taxable Value
$6,042
Annual Tax
2024
$337,699
$834,642
2025
$347,492
$816,730
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $347,492 $816,730 $296,770 $6,042
2024 $337,699 $834,642 $287,699 $5,857

About 18120 SW 78 PL, Palmetto Bay, FL 33157

18120 SW 78 PL, Palmetto Bay, FL 33157 is a 4-bedroom, 3-bathroom residential - single family : 1 unit built in 1980 with 2,862 square feet of living space on a 15,000 square foot lot. The property is currently owned by TOM CHOCHOON, 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 2011-12-12 for $100, when TOM CHOCHOON sold to TOM CHOCHOON. The property sold for $104,900 less than the prior sale of $105,000 on 1992-12-01. There are 3 recorded sales for this property.

The 2025 assessed value is $347,492 with a market value of $816,730. This breaks down to $450,000 for the land and $366,730 for the building. The assessed value increased 3% from $337,699 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. 18120 SW 78 PL, 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 1982 to 2011, with 3 recorded transactions in the public record..

Current Owner

TOM CHOCHOON
18120 SW 78 PL, MIAMI, FL, 33157
Since: 2026-04-19
View owner profile →

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$3,874 — $7,054
Flood $400 — $800
Property/Wind $3,474 — $6,254

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 18120

100%
Owner-Occ
0%
Investor
4
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
29
View full risk analysis →
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