7475 SW 173 ST, Palmetto Bay, FL 33157

Parcel: 3350350040260 · Residential - Single Family · 1 Unit · Zoning: 2100

Assessed Value (2025)
$551,734

Property Details

Beds
4
Baths
2
Living Sqft
1,978
Year Built
1963
Lot Sqft
15,000
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$114,800
1985-05-01
2
$165,000+44%
1991-07-01
3
$750,000+355%
2021-07-07
GARY A NELSONMICHELLE E SUAREZ

Tax Assessment History

$551,734
Assessed (2025)
$872,851
Market Value
$501,012
Taxable Value
$10,200
Annual Tax
2024
$536,185
$907,107
2025
$551,734
$872,851
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $551,734 $872,851 $501,012 $10,200
2024 $536,185 $907,107 $486,185 $9,898

About 7475 SW 173 ST, Palmetto Bay, FL 33157

7475 SW 173 ST, Palmetto Bay, FL 33157 is a 4-bedroom, 2-bathroom residential - single family : 1 unit built in 1963 with 1,978 square feet of living space on a 15,000 square foot lot. The property is currently owned by MICHELLE E SUAREZ, 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 2021-07-07 for $750,000, when GARY A NELSON sold to MICHELLE E SUAREZ. The property has appreciated $585,000 (355%) since the prior sale of $165,000 on 1991-07-01. There are 3 recorded sales for this property.

The 2025 assessed value is $551,734 with a market value of $872,851. This breaks down to $525,000 for the land and $347,851 for the building. The assessed value increased 3% from $536,185 in 2024.

The property has the following tax exemptions: homestead. The median household income in this area is $216,711, and the median home value is $866,300. The population density is 2,542 people per square mile.

7475 SW 173 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 1985 to 2021, with 3 recorded transactions in the public record.

The current assessed value represents 74% of the most recent sale price. Based on the most recent sale, this property traded at $379 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..

Current Owner

MICHELLE E SUAREZ
7475 SW 173 ST, PALMETTO BAY, FL, 33157
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$7,020 — $12,938
Flood $400 — $800
Property/Wind $6,620 — $12,138

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$216,711
Median Home Value$866,300
Pop. Density2,542/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 →
Zoom in to see property sales