7625 SW 178 TER, Palmetto Bay, FL 33157

Parcel: 3350350080200 · Residential - Single Family · 1 Unit · Zoning: 2100

Assessed Value (2025)
$1,056,173

Property Details

Beds
4
Baths
3
Living Sqft
4,140
Year Built
1979
Lot Sqft
16,920
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$200,000
1987-08-01
2
N/Anon-market transfer
2004-03-01
3
$1,039,000
2023-04-21
SUSAN KELLEYMIGUEL R ABALO
4
$1,039,000
2023-05-01
5
N/A
2023-05-01

Tax Assessment History

$1,056,173
Assessed (2025)
$1,056,173
Market Value
$1,005,451
Taxable Value
$20,470
Annual Tax
2024
$1,058,275
2025
$1,056,173
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $1,056,173 $1,056,173 $1,005,451 $20,470
2024 $1,058,275 $1,058,275 $1,008,275 $20,528

About 7625 SW 178 TER, Palmetto Bay, FL 33157

7625 SW 178 TER, Palmetto Bay, FL 33157 is a 4-bedroom, 3-bathroom residential - single family : 1 unit built in 1979 with 4,140 square feet of living space on a 16,920 square foot lot. The property is currently owned by MIGUEL R ABALO DANIA ABALO, 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 2023-05-01 for $1,039,000. There are 5 recorded sales for this property. The 2025 assessed value is $1,056,173 with a market value of $1,056,173.

This breaks down to $592,200 for the land and $463,973 for the building. The assessed value decreased 0% from $1,058,275 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 $919,027 recorded against this property. 7625 SW 178 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 1987 to 2023, with 5 recorded transactions in the public record. The current assessed value represents 102% of the most recent sale price.

Based on the most recent sale, this property traded at $251 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..

Current Owner

MIGUEL R ABALO DANIA ABALO
7625 SW 178 TER, PALMETTO BAY, FL, 33157
Since: 2026-04-19
View owner profile →

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$10,961 — $19,811
Flood $400 — $800
Property/Wind $10,561 — $19,011

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 5.25% rate
$963,300
~$919,027 bal.
TD BANK NA · 2023-05-01
Est. Total Balance $919,027
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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