8500 SW 179 ST, Palmetto Bay, FL 33157

Parcel: 3350340240250 · Residential - Single Family · 1 Unit · Zoning: 2100

Assessed Value (2025)
$783,747

Property Details

Beds
5
Baths
4
Living Sqft
3,045
Year Built
1979
Lot Sqft
15,625
Stories
2
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$119,000
1988-03-01
2
$100non-market transfer
2022-04-20
KENNETH J SANTERREMINERVA SANTERRE TRS
3
$880,000
2023-11-28
MINERVA SANTERRE TRSFBA PROJECT LLC
4
$880,000
2023-12-12

Tax Assessment History

$783,747
Assessed (2025)
$783,747
Market Value
$783,747
Taxable Value
$15,956
Annual Tax
2024
$713,411
2025
$783,747
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $783,747 $783,747 $783,747 $15,956
2024 $713,411 $713,411 $713,411 $14,524

About 8500 SW 179 ST, Palmetto Bay, FL 33157

8500 SW 179 ST, Palmetto Bay, FL 33157 is a 5-bedroom, 4-bathroom residential - single family : 1 unit built in 1979 with 3,045 square feet of living space on a 15,625 square foot lot. The property is currently owned by FBA PROJECT LLC, 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 2023-12-12 for $880,000. There are 4 recorded sales for this property. The 2025 assessed value is $783,747 with a market value of $783,747.

This breaks down to $468,750 for the land and $314,997 for the building. The assessed value increased 10% from $713,411 in 2024. 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 $984,490 recorded against this property. 8500 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 1988 to 2023, with 4 recorded transactions in the public record. The current assessed value represents 89% of the most recent sale price. Based on the most recent sale, this property traded at $289 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..

Current Owner

FBA PROJECT LLC
3831 PONCE DE LEON BLVD, CORAL GABLES, FL, 33134
Since: 2026-04-19
View owner profile →

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$8,237 — $14,907
Flood $400 — $800
Property/Wind $7,837 — $14,107

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
$1,000,000
~$984,490 bal.
CAKE MORTGAGE CORP · 2024-12-09
1 satisfied mortgage
SATISFIED 2023-12-12
$801,500
RBI MORTGAGES LLC
Est. Total Balance $984,490
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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