7720 SW 183 TER, Palmetto Bay, FL 33157

7720 SW 183 TER, Palmetto Bay, FL 33157 is a 5-bedroom, 3.5-bathroom residential - single family : 1 unit built in 1982 with 4,328 square feet of living space on a 35,941 square foot lot. The property is currently owned by YULIETTE GONZALEZ TRS THE SHELBY HERITAGE HOLDINGS TR, recorded as of 2026-05-31. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2026-04-16 for $1,725,000, when PAUL T RYDER JR sold to YULIETTE GONZALEZ TRS. The property has appreciated $1,450,000 (527%) since the prior sale of $275,000 on 1996-02-01. There are 4 recorded sales for this property.

The 2025 assessed value is $471,090 with a market value of $1,328,321. This breaks down to $898,525 for the land and $429,796 for the building. The assessed value increased 3% from $457,814 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. 7720 SW 183 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 1993 to 2026, with 4 recorded transactions in the public record. The current assessed value represents 27% of the most recent sale price.

This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase. Based on the most recent sale, this property traded at $399 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..