7400 SW 172 ST, Palmetto Bay, FL 33157

7400 SW 172 ST, Palmetto Bay, FL 33157 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1972 with 2,660 square feet of living space on a 24,250 square foot lot. The property is currently owned by FRANCIS F KONG LEI KONG, 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 2009-05-20 for $540,000, when FRANCIS F KONG &W sold to FRANCIS F KONG. The property has appreciated $253,500 (88%) since the prior sale of $286,500 on 2000-01-01. There are 3 recorded sales for this property.

The 2025 assessed value is $543,323 with a market value of $1,254,111. This breaks down to $824,500 for the land and $429,611 for the building. The assessed value increased 3% from $528,011 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.

There are active mortgage liens totaling $164,084 recorded against this property. 7400 SW 172 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 1987 to 2009, with 3 recorded transactions in the public record. The current assessed value represents 101% of the most recent sale price. Based on the most recent sale, this property traded at $203 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..