8481 SW 179 ST, Palmetto Bay, FL 33157

Parcel: 3350340240150 · Residential - Single Family · 1 Unit · Zoning: 2100

Assessed Value (2025)
$744,336

Property Details

Beds
4
Baths
2.5
Living Sqft
2,392
Year Built
1977
Lot Sqft
15,625
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$155,000
1990-07-01
2
$272,000+75%
2001-12-01
3
$1,015,000+273%
2022-12-16
BRENT RICHARD SILVANELSON P GRIFFIN
4
$1,015,000
2022-12-20

Tax Assessment History

$744,336
Assessed (2025)
$914,679
Market Value
$693,614
Taxable Value
$14,121
Annual Tax
2024
$723,359
$925,623
2025
$744,336
$914,679
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $744,336 $914,679 $693,614 $14,121
2024 $723,359 $925,623 $673,359 $13,709

About 8481 SW 179 ST, Palmetto Bay, FL 33157

8481 SW 179 ST, Palmetto Bay, FL 33157 is a 4-bedroom, 2.5-bathroom residential - single family : 1 unit built in 1977 with 2,392 square feet of living space on a 15,625 square foot lot. The property is currently owned by NELSON P GRIFFIN TERESA D GRIFFIN, 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 2022-12-20 for $1,015,000. There are 4 recorded sales for this property. The 2025 assessed value is $744,336 with a market value of $914,679.

This breaks down to $468,750 for the land and $445,929 for the building. The assessed value increased 3% from $723,359 in 2024. The property has the following tax exemptions: homestead.

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 $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 $618,010 recorded against this property. 8481 SW 179 ST, 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 1990 to 2022, with 4 recorded transactions in the public record. The current assessed value represents 73% of the most recent sale price.

Based on the most recent sale, this property traded at $424 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..

Current Owner

NELSON P GRIFFIN TERESA D GRIFFIN
8481 SW 179 ST, PALMETTO BAY, FL, 33157
Since: 2026-04-19
View owner profile →

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$7,843 — $14,198
Flood $400 — $800
Property/Wind $7,443 — $13,398

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 5.625% rate
$650,000
~$618,010 bal.
WELLS FARGO BANK NA · 2022-12-20
Est. Total Balance $618,010
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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