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7240 137th St

Palmetto Bay, FL 33158

4 bd 3 ba 3,057 sqft Built 1963 Lot 17,160 sqft single_family
Most recent sale
$990,000
Mar 7, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 7, 2022 Sold $990,000 MLS #A11135134
Dec 14, 2021 Listed $1,125,000 MLS #A11135134
Jun 1, 1971 Sold $55,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $435,042 $418,080 $853,122 $15,537
2020 $290,517 $5,027
2019 $283,986 $4,913
2018 $278,691 $4,694
2017 $272,959 $4,680
2016 $267,345 $4,644
2015 $265,487 $4,716
2014 $263,380 $4,778
2013 $259,488 $4,693
2012 $395,724 $4,581
2011 $247,720 $4,482
2010 $244,060 $4,684
2009 $237,644 $4,296
2008 $237,407 $4,253
2007 $230,493 $4,377

Property facts

Year built
1963
Property type
single_family
Stories
1
Beds
4
Baths
3
Living area
3,057 sqft
Lot size
17,160 sqft
ZIP code
33158
City
Palmetto Bay
Street
137th St
Coordinates
25.64331, -80.31066

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$5,655
Gross rental yield
6.85%
Implied cap rate
4.46%
Trend-extrapolated value

Frequently asked questions

When did 7240 137th St last sell?
7240 137th St most recently sold on Mar 7, 2022 for $990,000.
What is the current tax assessment for 7240 137th St?
The most recent total assessment for 7240 137th St (year 2023) is $853,122 with $15,537 in property tax.
How does 7240 137th St's assessment compare to its last sale price?
The current assessment is 13.8% below the last sale price of $990,000.
When was 7240 137th St built?
7240 137th St was built in 1963.
How does 7240 137th St compare to others on 137th St?
We track 8 other properties on 137th St. Browse the list under "Other properties on 137th St" to compare beds, baths, and sale history.
What are the property facts for 7240 137th St?
7240 137th St is a 4 bed, 3 bath, 3,057 sqft, 17,160 sqft lot single_family.
Is 7240 137th St a flip candidate?
No — 7240 137th St does not appear in our flips dataset.
Is 7240 137th St a tax-appeal candidate?
No — 7240 137th St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+0.8%
Implied 1-yr
+3.3%
2026 Q3
$1.75M
2026 Q4
$1.76M
ZIP 33158 — Median Price History + Forecast

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