8293 SW 171 TER, Palmetto Bay, FL 33157

8293 SW 171 TER, Palmetto Bay, FL 33157 is a 4-bedroom, 3-bathroom residential - single family : 1 unit built in 2001 with 3,088 square feet of living space on a 17,363 square foot lot. The property is currently owned by JOSIANE DEMOSTHENE TRS DEMOSTHENE FAMILY REV LIV TR, 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 2025-11-19 for $350,000. There are 5 recorded sales for this property. The 2025 assessed value is $1,178,610 with a market value of $1,178,610.

This breaks down to $520,890 for the land and $657,720 for the building. The assessed value increased 10% from $1,072,827 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 $160,809, and the median home value is $724,500. The population density is 4,676 people per square mile.

There are active mortgage liens totaling $1,039,333 recorded against this property. 8293 SW 171 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 2022 to 2025, with 5 recorded transactions in the public record. The current assessed value represents 337% of the most recent sale price. This high ratio could indicate the property was purchased below market value — a potential sign of a distressed sale or off-market deal.

Based on the most recent sale, this property traded at $113 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..