7840 157th Ter
Palmetto Bay, FL 33157
4 bd 3 ba 1,908 sqft Built 1970 Lot 15,046 sqft single_family
Most recent sale
$1,200,000
Aug 3, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 3, 2022 | Sold | $1,200,000 | MLS #A11222772 |
| Jun 16, 2022 | Listed | $1,200,000 | MLS #A11222772 |
| Nov 22, 2021 | Sold | $750,000 | MLS #A11095099 |
| Oct 16, 2021 | Price changed | $749,500 | MLS #A11095099 |
| Sep 17, 2021 | Listed | $799,000 | MLS #A11095099 |
| Aug 10, 1993 | Sold | $192,000 | Public Record |
| Nov 1, 1979 | Sold | $103,000 | Public Record |
| Jul 1, 1979 | Sold | $130,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $554,072 | $526,610 | $1,080,682 | $18,716 |
| 2024 | $554,072 | $526,610 | $1,080,682 | $20,032 |
| 2023 | $599,471 | $390,598 | $990,069 | $17,868 |
| 2022 | $377,878 | $285,437 | $663,315 | $12,106 |
| 2020 | — | — | $229,072 | $3,879 |
| 2019 | — | — | $223,922 | $3,789 |
| 2018 | — | — | $219,747 | $3,616 |
| 2017 | — | — | $215,228 | $3,598 |
| 2016 | — | — | $210,802 | $3,564 |
| 2015 | — | — | $209,337 | $3,621 |
| 2014 | — | — | $207,676 | $3,661 |
| 2013 | — | — | $204,607 | $3,596 |
| 2012 | — | — | $353,786 | $3,516 |
| 2011 | — | — | $195,328 | $3,423 |
| 2010 | — | — | $192,442 | $3,580 |
| 2009 | — | — | $187,383 | $3,295 |
| 2008 | — | — | $187,196 | $3,248 |
Property facts
Year built
1970
Property type
single_family
Stories
1
Beds
4
Baths
3
Living area
1,908 sqft
Lot size
15,046 sqft
ZIP code
33157
City
Palmetto Bay
Street
157th Ter
Coordinates
25.62409, -80.31987
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$7,200
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 7840 157th Ter last sell?
7840 157th Ter most recently sold on Aug 3, 2022 for $1,200,000.
What is the current tax assessment for 7840 157th Ter?
The most recent total assessment for 7840 157th Ter (year 2025) is $1,080,682 with $18,716 in property tax.
How does 7840 157th Ter's assessment compare to its last sale price?
The current assessment is 9.9% below the last sale price of $1,200,000.
When was 7840 157th Ter built?
7840 157th Ter was built in 1970.
How does 7840 157th Ter compare to others on 157th Ter?
We track 3 other properties on 157th Ter. Browse the list under "Other properties on 157th Ter" to compare beds, baths, and sale history.
What are the property facts for 7840 157th Ter?
7840 157th Ter is a 4 bed, 3 bath, 1,908 sqft, 15,046 sqft lot single_family.
Is 7840 157th Ter a flip candidate?
Yes — 7840 157th Ter appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 7840 157th Ter a tax-appeal candidate?
No — 7840 157th Ter is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+4.6%
Implied 1-yr
+18.2%
2026 Q3
$1.19M
2026 Q4
$1.23M
ZIP 33157 — Median Price History + Forecast
Explore nearby
Geography
Other properties on 157th Ter