7485 SW 159th Terrace Palmetto Bay, FL 33157
Estimated payment $8,074/month
Total Views
6,363
4
Beds
3
Baths
2,132
Sq Ft
$600
Price per Sq Ft
Highlights
- In Ground Pool
- Garden View
- Cooking Island
- Coral Reef Elementary School Rated A
- No HOA
- Circular Driveway
About This Home
Beautifully remodeled turnkey home in sought-after north Palmetto Bay. This elegant and inviting open floor plan welcomes you with abundant natural light streaming through glass windows. Featuring 4 beds / 3 baths, including in-laws suite and cabana bath; upscale kitchen with hardwood cabinetry, quartz counter tops with plenty of pantry space and SS appliances. Tile flooring and impact windows and doors throughout. Spacious and serene backyard complete with covered terrace, built-in bar and sparkling 15x30 pool, creating the ideal ambiance for entertaining. Extended driveway is perfect for a boat or RV with screened storage. Family oriented neighborhood, well maintained, quiet and safe with close proximity to Coral Reef Park, Deering Estate, and top-rate private/public schools.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $12,796
Year Built
- Built in 1962
Lot Details
- 0.34 Acre Lot
- South Facing Home
- Fenced
- Property is zoned 2100
Home Design
- Shingle Roof
- Concrete Block And Stucco Construction
Interior Spaces
- 2,132 Sq Ft Home
- 1-Story Property
- Family Room
- Tile Flooring
- Garden Views
Kitchen
- Electric Range
- Microwave
- Dishwasher
- Cooking Island
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
- Closet Cabinetry
- 3 Full Bathrooms
Laundry
- Dryer
- Washer
Home Security
- Clear Impact Glass
- High Impact Door
Parking
- Circular Driveway
- Open Parking
Outdoor Features
- In Ground Pool
- Patio
- Exterior Lighting
Utilities
- Cooling Available
- Heating Available
- Septic Tank
Community Details
- No Home Owners Association
- Palmetto Road Ests Subdivision
Listing and Financial Details
- Assessor Parcel Number 33-50-26-006-0480
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $12,796 | $952,965 | $525,000 | $427,965 |
| 2024 | $12,346 | $736,280 | -- | -- |
| 2023 | $12,346 | $714,835 | $0 | $0 |
| 2022 | $11,934 | $694,015 | $0 | $0 |
| 2021 | $7,282 | $416,384 | $0 | $0 |
| 2020 | $7,141 | $410,636 | $225,000 | $185,636 |
| 2019 | $7,192 | $413,222 | $225,000 | $188,222 |
| 2018 | $7,061 | $415,808 | $225,000 | $190,808 |
| 2017 | $7,237 | $418,394 | $0 | $0 |
| 2016 | $5,905 | $338,818 | $0 | $0 |
| 2015 | $6,008 | $336,463 | $0 | $0 |
| 2014 | $6,079 | $333,793 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/31/2025 07/31/25 | Price Changed | $1,280,000 | -4.5% | $600 / Sq Ft |
| 06/03/2025 06/03/25 | Price Changed | $1,340,000 | -6.3% | $629 / Sq Ft |
| 05/09/2025 05/09/25 | For Sale | $1,430,000 | +19.2% | $671 / Sq Ft |
| 05/22/2024 05/22/24 | Sold | $1,200,000 | +0.1% | $563 / Sq Ft |
| 05/02/2024 05/02/24 | Pending | -- | -- | -- |
| 04/16/2024 04/16/24 | For Sale | $1,199,000 | +30.3% | $562 / Sq Ft |
| 10/18/2021 10/18/21 | Sold | $920,000 | +11.0% | $417 / Sq Ft |
| 09/24/2021 09/24/21 | Pending | -- | -- | -- |
| 09/07/2021 09/07/21 | For Sale | $829,000 | +63.0% | $376 / Sq Ft |
| 06/23/2016 06/23/16 | Sold | $508,500 | -1.4% | $239 / Sq Ft |
| 05/31/2016 05/31/16 | Pending | -- | -- | -- |
| 05/02/2016 05/02/16 | For Sale | $515,500 | +17.2% | $242 / Sq Ft |
| 05/31/2013 05/31/13 | Sold | $440,000 | -2.0% | $225 / Sq Ft |
| 03/15/2013 03/15/13 | Pending | -- | -- | -- |
| 03/05/2013 03/05/13 | For Sale | $449,000 | -- | $230 / Sq Ft |
Source: MIAMI REALTORS® MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,200,000 | None Listed On Document | |
| Warranty Deed | $920,000 | Elite Title Agency Llc | |
| Warranty Deed | $508,500 | Transfer Title Services Inc | |
| Warranty Deed | $440,000 | Attorney | |
| Warranty Deed | $410,000 | Florida Title & Guarantee | |
| Deed | $240,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $900,000 | New Conventional | |
| Previous Owner | $404,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $404,000 | New Conventional | |
| Previous Owner | $365,000 | New Conventional | |
| Previous Owner | $352,000 | New Conventional | |
| Previous Owner | $410,000 | VA | |
| Previous Owner | $30,709 | New Conventional |
Source: Public Records
Similar Homes in Palmetto Bay, FL
Source: MIAMI REALTORS® MLS
MLS Number: A11800121
APN: 33-5026-006-0480
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