8481 SW 167th Terrace Palmetto Bay, FL 33157
5
Beds
3
Baths
3,264
Sq Ft
0.41
Acres
Highlights
- In Ground Pool
- Sitting Area In Primary Bedroom
- Vaulted Ceiling
- Dr. Henry E. Perrine Academy Of The Arts Rated A-
- Gated Community
- Marble Flooring
About This Home
As of June 2025One of a kind impeccably updated contemporary Palmetto Bay Home in private gated community. Home features state of the art kitchen with custom wood cabinets & exotic granite counters, GE Café/SS appliances, travertine flooring, large master suite with his /her walk in closet, & master bath that includes Jacuzzi tub /separate shower. Outside entertainment area with covered terrace featuring Chicago brick pavers, professionally landscaped, impact windows, LED outdoor lighting, & completely fenced in yard.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,302
Year Built
- Built in 1993
Lot Details
- 0.41 Acre Lot
- South Facing Home
- Fenced
- Property is zoned 21/EST 1
HOA Fees
- $106 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Automatic Garage Door Opener
- Driveway
- Open Parking
Property Views
- Garden
- Pool
Home Design
- Substantially Remodeled
- Barrel Roof Shape
- Concrete Block And Stucco Construction
Interior Spaces
- 3,264 Sq Ft Home
- 1-Story Property
- Vaulted Ceiling
- Blinds
- French Doors
- Entrance Foyer
- Family Room
- Formal Dining Room
- Marble Flooring
Kitchen
- Self-Cleaning Oven
- Electric Range
- Microwave
- Ice Maker
- Dishwasher
- Cooking Island
- Disposal
Bedrooms and Bathrooms
- 5 Bedrooms
- Sitting Area In Primary Bedroom
- Closet Cabinetry
- 3 Full Bathrooms
- Dual Sinks
- Separate Shower in Primary Bathroom
Laundry
- Laundry in Utility Room
- Dryer
- Washer
Home Security
- Security System Owned
- High Impact Windows
Pool
- In Ground Pool
- Pool Equipment Stays
- Free Form Pool
Outdoor Features
- Patio
- Exterior Lighting
Utilities
- Central Heating and Cooling System
- Well
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number 33-50-27-057-0400
Community Details
Overview
- Flamingo Gardens Estates,Flamingo Gardens Est Subdivision
Security
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 9, 2025
Closed on
Jun 27, 2025
Sold by
Meerbott Natalie Neff and Neff Natalie
Bought by
Basulto Felipe
Seller's Agent
Laura Derrick
Miami Portfolio Collection
Buyer's Agent
Victor Camero
Luxe Properties
List Price
$1,399,000
Sold Price
$1,290,000
Premium/Discount to List
-$109,000
-7.79%
Views
94
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
51.85%
Original Mortgage
$980,000
Outstanding Balance
$979,174
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$365,850
Purchase Details
Listed on
May 15, 2015
Closed on
Aug 31, 2015
Sold by
Tibaldeo Sandra and Dopp Christian
Bought by
Neff Natalia
Seller's Agent
Miguel Solis
Douglas Elliman
Buyer's Agent
Cristina Soler
One Sotheby's International Realty
List Price
$725,000
Sold Price
$685,000
Premium/Discount to List
-$40,000
-5.52%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.66%
Original Mortgage
$400,000
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Jun 25, 2010
Sold by
Jimenez Ramon A and Jimenez Maria
Bought by
Tibaldeo Sandra
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
4.83%
Mortgage Type
Stand Alone First
Purchase Details
Closed on
Jul 7, 2005
Sold by
Garrido Jose A and Garrido Elia R
Bought by
Jimenez Ramon A and Jimenez Maria
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$596,000
Interest Rate
0.95%
Mortgage Type
Negative Amortization
Purchase Details
Closed on
Jun 21, 1993
Sold by
Flamingo Gardens Dev Lc
Bought by
Garrido Jose A and Garrido Elia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,000
Interest Rate
7.44%
Similar Homes in Palmetto Bay, FL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,290,000 | None Listed On Document | |
| Warranty Deed | $1,290,000 | None Listed On Document | |
| Warranty Deed | $685,000 | Florida Secured Title Llc | |
| Warranty Deed | $425,000 | Attorney | |
| Warranty Deed | $745,000 | Peace Of Mind Title Inc | |
| Warranty Deed | $290,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $980,000 | New Conventional | |
| Closed | $980,000 | New Conventional | |
| Previous Owner | $408,000 | New Conventional | |
| Previous Owner | $400,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $400,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $225,000 | Stand Alone First | |
| Previous Owner | $146,900 | Credit Line Revolving | |
| Previous Owner | $596,000 | Negative Amortization | |
| Previous Owner | $500,000 | Unknown | |
| Previous Owner | $261,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/27/2025 06/27/25 | Sold | $1,290,000 | -0.8% | $395 / Sq Ft |
| 05/27/2025 05/27/25 | Pending | -- | -- | -- |
| 05/19/2025 05/19/25 | Price Changed | $1,299,999 | -3.0% | $398 / Sq Ft |
| 05/06/2025 05/06/25 | Price Changed | $1,340,000 | -4.2% | $411 / Sq Ft |
| 04/09/2025 04/09/25 | For Sale | $1,399,000 | 0.0% | $429 / Sq Ft |
| 11/01/2023 11/01/23 | Rented | $7,800 | -6.0% | -- |
| 10/02/2023 10/02/23 | Under Contract | -- | -- | -- |
| 09/15/2023 09/15/23 | Price Changed | $8,300 | -6.2% | $3 / Sq Ft |
| 07/19/2023 07/19/23 | For Rent | $8,850 | 0.0% | -- |
| 09/02/2015 09/02/15 | Sold | $685,000 | -5.5% | $210 / Sq Ft |
| 07/03/2015 07/03/15 | Pending | -- | -- | -- |
| 05/15/2015 05/15/15 | For Sale | $725,000 | -- | $222 / Sq Ft |
Source: MIAMI REALTORS® MLS
Tax History Compared to Growth
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 | $22,767 | $1,244,619 | $624,505 | $620,114 |
| 2024 | $11,404 | $1,251,969 | $624,017 | $627,952 |
| 2023 | $11,404 | $643,890 | $0 | $0 |
| 2022 | $11,029 | $625,136 | $0 | $0 |
| 2021 | $10,969 | $606,929 | $0 | $0 |
| 2020 | $10,758 | $598,550 | $246,322 | $352,228 |
| 2019 | $10,823 | $601,714 | $0 | $0 |
| 2018 | $10,335 | $590,495 | $229,901 | $360,594 |
| 2017 | $10,580 | $587,530 | $0 | $0 |
| 2016 | $10,416 | $575,446 | $0 | $0 |
| 2015 | $8,175 | $441,672 | $0 | $0 |
| 2014 | $8,302 | $438,167 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2025
Laura Derrick
Miami Portfolio Collection
(305) 794-4366
5 in this area
56 Total Sales
-
V
Buyer's Agent in 2025
Victor Camero
Luxe Properties
(305) 809-7650
1 in this area
52 Total Sales
-
Seller's Agent in 2023
Margaret La Rocca
MWX REALTY
(954) 980-0755
10 Total Sales
-
K
Buyer's Agent in 2023
Karin Mas
Luxe Properties
3 Total Sales
-
Seller's Agent in 2015
Miguel Solis
Douglas Elliman
(305) 343-9554
4 in this area
135 Total Sales
-
Seller Co-Listing Agent in 2015
Mario Chirino
Douglas Elliman
(786) 253-7653
3 in this area
78 Total Sales
Map
Source: MIAMI REALTORS® MLS
MLS Number: A2117484
APN: 33-5027-057-0400
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