8424 SW 181 TER, Palmetto Bay, FL 33157
Parcel: 3350340240790 · Residential - Single Family · 1 Unit · Zoning: 2100
Assessed Value (2025)
$467,117
Property Details
Beds
3
Baths
2
Living Sqft
1,689
Year Built
1979
Lot Sqft
15,600
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT
Sales History
1
N/Anon-market transfer
2008-05-01
2
$1non-market transfer
2008-12-19
HOMESALES INC D/B/A HOMESALES INC → H WILLIAM PHRAL III
3
$100non-market transfer
2020-04-16
H WILLIAM PHRAL III → CECILIA J PRAHL TRS
Tax Assessment History
$467,117
Assessed (2025)
$628,821
Market Value
$467,117
Taxable Value
$9,510
Annual Tax
2024
$424,652
$633,130
2025
$467,117
$628,821
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $467,117 | $628,821 | $467,117 | $9,510 | $468,000 | $160,821 |
| 2024 | $424,652 | $633,130 | $424,652 | $8,646 | $489,375 | $143,755 |
About 8424 SW 181 TER, Palmetto Bay, FL 33157
8424 SW 181 TER, Palmetto Bay, FL 33157 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1979 with 1,689 square feet of living space on a 15,600 square foot lot. The property is currently owned by CECILIA J PRAHL TRS CECILIA J PRAHL REVOCABLE TRUST, 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 2020-04-16 for $100, when H WILLIAM PHRAL III sold to CECILIA J PRAHL TRS. The property has appreciated $99 (9900%) since the prior sale of $1 on 2008-12-19. There are 3 recorded sales for this property.
The 2025 assessed value is $467,117 with a market value of $628,821. This breaks down to $468,000 for the land and $160,821 for the building. The assessed value increased 10% from $424,652 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. 8424 SW 181 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 2008 to 2020, with 3 recorded transactions in the public record..
Current Owner
CECILIA J PRAHL TRS CECILIA J PRAHL REVOCABLE TRUST
12940 SW 69 AVE, PINECREST, FL, 33155
Since: 2026-04-19
View owner profile →
People Behind This Entity
Flood Zone
Zone AE
Special Flood Hazard Area
Est. Annual Insurance
$5,071 — $9,208
Flood $400 — $800
Property/Wind $4,671 — $8,408
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
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