7861 SW 180 TER, Palmetto Bay, FL 33157

7861 SW 180 TER, Palmetto Bay, FL 33157 is a 4-bedroom, 2.5-bathroom residential - single family : 1 unit built in 1976 with 2,539 square feet of living space on a 15,000 square foot lot. The property is currently owned by NORIS LEDESMA GILBERTO VELASCO, recorded as of 2026-04-19. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2016-10-25 for $100, when NORIS LEDESMA sold to NORIS LEDESMA. The property sold for $344,900 less than the prior sale of $345,000 on 2014-02-13. There are 3 recorded sales for this property.

The 2025 assessed value is $499,627 with a market value of $813,057. This breaks down to $450,000 for the land and $363,057 for the building. The assessed value increased 3% from $485,547 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. 7861 SW 180 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 1994 to 2016, with 3 recorded transactions in the public record..