7620 SW 168 ST, Palmetto Bay, FL 33157

Parcel: 3350350060040 · Residential - Single Family · 1 Unit · Zoning: 2100

Assessed Value (2025)
$849,696

Property Details

Beds
4
Baths
2
Living Sqft
2,100
Year Built
1972
Lot Sqft
16,184
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$529,000
2019-07-17
SUZANNE R RINC STEPHEN F MYERS
2
$725,000+37%
2021-09-15
STEPHEN F MYERS PURO COMMERCIAL INC
3
$600,000-17%
2025-08-14
PURO COMMERCIAL INCLUIS NUNEZ P A
4
$600,000
2025-08-15

Tax Assessment History

$849,696
Assessed (2025)
$892,147
Market Value
$849,696
Taxable Value
$17,299
Annual Tax
2024
$772,451
$904,951
2025
$849,696
$892,147
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $849,696 $892,147 $849,696 $17,299
2024 $772,451 $904,951 $772,451 $15,726

About 7620 SW 168 ST, Palmetto Bay, FL 33157

7620 SW 168 ST, Palmetto Bay, FL 33157 is a 4-bedroom, 2-bathroom residential - single family : 1 unit built in 1972 with 2,100 square feet of living space on a 16,184 square foot lot. The property is currently owned by LUIS NUNEZ P A, 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 2025-08-15 for $600,000. There are 4 recorded sales for this property. The 2025 assessed value is $849,696 with a market value of $892,147.

This breaks down to $566,440 for the land and $325,707 for the building. The assessed value increased 10% from $772,451 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 $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 $650,000 recorded against this property. 7620 SW 168 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 2019 to 2025, with 4 recorded transactions in the public record. The current assessed value represents 142% 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 $286 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..

Current Owner

LUIS NUNEZ P A
2622 SW 143 AVE, MIAMI, FL, 33175
Since: 2026-04-19
View owner profile →

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$8,896 — $16,094
Flood $400 — $800
Property/Wind $8,496 — $15,294

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 →

Mortgages

ACTIVE
$650,000
IV HOLDINGS GROUP LLC · 2025-08-15
Est. Total Balance $650,000
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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