7338 SW 168 TER, Palmetto Bay, FL 33157

Parcel: 3350350140130 · Residential - Single Family · 1 Unit · Zoning: 2100

Assessed Value (2025)
$609,765

Property Details

Beds
4
Baths
3
Living Sqft
3,323
Year Built
1989
Lot Sqft
16,110
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$378,800
1998-02-01
2
N/Anon-market transfer
2003-04-01
3
$695,000
2004-05-01

Tax Assessment History

$609,765
Assessed (2025)
$1,181,451
Market Value
$559,043
Taxable Value
$11,382
Annual Tax
2024
$592,581
$1,197,752
2025
$609,765
$1,181,451
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $609,765 $1,181,451 $559,043 $11,382
2024 $592,581 $1,197,752 $542,581 $11,047

About 7338 SW 168 TER, Palmetto Bay, FL 33157

7338 SW 168 TER, Palmetto Bay, FL 33157 is a 4-bedroom, 3-bathroom residential - single family : 1 unit built in 1989 with 3,323 square feet of living space on a 16,110 square foot lot. The property is currently owned by JAMES E TUNNESSEN JO ANN TUNNESSEN, 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 2004-05-01 for $695,000. There are 3 recorded sales for this property. The 2025 assessed value is $609,765 with a market value of $1,181,451.

This breaks down to $563,850 for the land and $617,601 for the building. The assessed value increased 3% from $592,581 in 2024. The property has the following tax exemptions: homestead.

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. 7338 SW 168 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 1998 to 2004, with 3 recorded transactions in the public record. The current assessed value represents 88% of the most recent sale price. Based on the most recent sale, this property traded at $209 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..

Current Owner

JAMES E TUNNESSEN JO ANN TUNNESSEN
7338 SW 168 TERR, MIAMI, FL, 33157-4877
Since: 2026-04-19
View owner profile →

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$6,497 — $11,775
Flood $400 — $800
Property/Wind $6,097 — $10,975

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 →
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