7524 SW 179 TER, Palmetto Bay, FL 33157

Parcel: 3350350080040 · Residential - Single Family · 1 Unit · Zoning: 2100

Assessed Value (2025)
$522,848

Property Details

Beds
4
Baths
2
Living Sqft
3,027
Year Built
1979
Lot Sqft
17,080
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$589,000
2015-09-01
KATHLEEN FURFEYJOHN FERRER LOPEZ
2
$1,515,000+157%
2025-02-26
JOHN FERRER LOPEZRICARDO J PICAYO
3
$1,515,000
2025-03-06

Tax Assessment History

$522,848
Assessed (2025)
$987,457
Market Value
$472,126
Taxable Value
$9,612
Annual Tax
2024
$508,113
$986,291
2025
$522,848
$987,457
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $522,848 $987,457 $472,126 $9,612
2024 $508,113 $986,291 $458,113 $9,327

About 7524 SW 179 TER, Palmetto Bay, FL 33157

7524 SW 179 TER, Palmetto Bay, FL 33157 is a 4-bedroom, 2-bathroom residential - single family : 1 unit built in 1979 with 3,027 square feet of living space on a 17,080 square foot lot. The property is currently owned by RICARDO J PICAYO ANAILIS PICAYO, 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 2025-03-06 for $1,515,000. There are 3 recorded sales for this property. The 2025 assessed value is $522,848 with a market value of $987,457.

This breaks down to $597,800 for the land and $389,657 for the building. The assessed value increased 3% from $508,113 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. There are active mortgage liens totaling $1,111,328 recorded against this property. 7524 SW 179 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 2015 to 2025, with 3 recorded transactions in the public record. The current assessed value represents 35% 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 $500 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..

Current Owner

RICARDO J PICAYO ANAILIS PICAYO
7524 SW 179 TER, PALMETTO BAY, FL, 33157
Since: 2026-04-19
View owner profile →

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$5,628 — $10,211
Flood $400 — $800
Property/Wind $5,228 — $9,411

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$164,073
Median Home Value$735,500
Pop. Density2,464/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
$1,125,750
~$1,111,328 bal.
ROCKET MORTGAGE LLC · 2025-03-06
1 satisfied mortgage
SATISFIED 2024-08-09
$750,000
ANGEL OAK MORTGAGE SOLUTIONS LLC
Est. Total Balance $1,111,328
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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