Miami-Dade County  »  33157  »  SW 157th Ter  »  7340 SW 157th Ter

7340 Southwest 157th Terrace, Miami, FL 33157 Property Information

7340 Southwest 157th Terrace, Miami, FL 33157 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Neighborhood
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7340 Southwest 157th Terrace, Miami, FL 33157
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Address

Primary address 7340 Southwest 157th Terrace, Miami
Zip code 33157
County Miami-Dade
Municipality Palmetto Bay
Neighborhood Pine Bay Estates South - Alan Grove Estates
Parcel ID 3350260170100

Sales & Tax Overview for 7340 Southwest 157th Terrace, Miami

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Sale date 12/15/2016
Sale price $10
Current property tax $11,236

Lot & Building Information for 7340 Southwest 157th Terrace, Miami

Building sqft 4,933
Building class Residential - Single Family: 1 Unit (0101)
Acreage 0.671
Year built 1974
Stories 1
Units 1
Bedrooms 5
Bathrooms 4
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Zoning, Use & Area Overview

Walk Score
Transit Score
Bike Score


Zoning district
School district Miami-Dade County Public Schools

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Other Property Data for 7340 Southwest 157th Terrace, Miami

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  • • Improvements for 7340 Southwest 157th Terrace, Miami , including their type, square footage, grade and when they were built.
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About 7340 Southwest 157th Terrace, Miami

What is the year built & the total sq. ft. for 7340 Southwest 157th Terrace, Miami, FL 33157?

7340 Southwest 157th Terrace, Miami, FL 33157 was built in 1974 and has a total of 4,933 square feet.

What is the assessed value of 7340 Southwest 157th Terrace, Miami, FL 33157 and the property tax paid?

Assessed at $689,436, the tax amount paid for 7340 Southwest 157th Terrace, Miami, FL 33157 is $16,659.

When was 7340 Southwest 157th Terrace, Miami, FL 33157 last sold and what was the last sale price?

7340 Southwest 157th Terrace, Miami, FL 33157 was last sold in 12/15/2016 for $10.

Ownership Information

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Real Estate Reports:
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In many large Western and Northeastern cities, the national median sale price of $400,000 may not cover more than a small studio, whereas, in parts of the Midwest and South, the same budget could buy large homes with multiple bedrooms and comfortable living areas.
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Past Sales & Property History for 7340 Southwest 157th Terrace, Miami

Create a free account to view the complete sales history for 7340 Southwest 157th Terrace, Miami, including title documents, transfer conditions, mortgages and liens.

Purchase date Purchase price Buyer name Seller name
12/15/2016 $10
04/21/2016 $501,000
07/09/1997 $340,000
       
       
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*Here are the three most recent sales for this property.


Title Documents for 7340 Southwest 157th Terrace, Miami

To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.

Date Type Amount Party 1 Party 2 Maturity Document Related documents Doc image
12/15/2016 - D
12/16/2016 - R
Deed
04/21/2016 - D
04/21/2016 - R
Deed
07/09/1997 - R Warranty Deed
08/28/1987 - R Warranty Deed
                 
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R: Recorded date
D: Document date

Property Taxes for 7340 Southwest 157th Terrace, Miami

Access detailed property tax data for 7340 Southwest 157th Terrace, Miami, FL 33157. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025
Base tax $16,660
Current property tax $11,236
Market value $1,400,373
Assessed value $689,436

Assessment History for 7340 Southwest 157th Terrace, Miami

Here's the assessment & property tax history for 7340 Southwest 157th Terrace, Miami, including the evolution of the total tax rate and corresponding property tax.

Year Market value Assessment value Total tax rate Property tax Year over year change
2024 $1,390,642 $670,006 17.3897 $16,409 +14.21%
2023 $1,096,288 $650,492 17.4951 $14,367 +11.55%
2022 $910,433 $631,546 17.4843 $12,880 +8.52%
2021 $725,181 $613,152 18.0773 $11,869 -1.95%
2020 $673,862 $604,687 17.9638 $12,105 -0.51%

Miami residential market stats

Median Sale Price
$530,000
1% YoY
Median Price/Sqft
$330
-4.3% YoY
Miami-Dade County Median Sale Price
$510,000
0% YoY

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Risk

Create a free account to unlock extended information for 7340 Southwest 157th Terrace, Miami, including whether it's located in FEMA flood zones, floodways or special flood hazard areas, as well as the Coastal barriers resources system area (COBRA).

FEMA flood zone(s) AE (See more on map)

Transportation

Access the detailed traffic volume map for 7340 Southwest 157th Terrace, Miami to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

View daily traffic map

Schools

Nearest elementary schools

Name Rating Type Grade range No of students Distance to school (mi)
Coral Reef Elementary School 9 Public PK, K-5 740 0.74
Coral Reef Elementary School 9 Public PK, K-5 740 0.74
Westminster Christian School NR Private PK-12 1,252 0.77
Westminster Christian School NR Private PK-12 1,252 0.77
Sunrise School Of Miami NR Private K-8 80 0.81

Nearest middle schools

Name Rating Type Grade range No of students Distance to school (mi)
Southwood Middle School 8 Public 6-8 1,098 0.76
Westminster Christian School NR Private PK-12 1,252 0.77
Sunrise School Of Miami NR Private K-8 80 0.81
Alexander School (Pk-K) NR Private 0 0.90
Palmer Trinity School NR Private 6-12 768 1.43

Nearest high schools

Name Rating Type Grade range No of students Distance to school (mi)
Westminster Christian School NR Private PK-12 1,252 0.77
Alexander School (Pk-K) NR Private 0 0.90
Palmer Trinity School NR Private 6-12 768 1.43
Career Prep Academy of South NR Private 8-12 80 1.95
American Academy of Pinecrest NR Private 9-12 0 2.20

Data provided by GreatSchools.org © 2025. All rights reserved.

Neighbors for 7340 Southwest 157th Terrace, Miami

Here are the neighbors for 7340 Southwest 157th Terrace, Miami.

Address Square feet Purchase date Purchase price
7400 SW 157th Ter, Miami 4,796 03/20/2007 $790,000
16000 Old Cutler Rd, Miami 4,627 01/27/2020 $1,450,000
7301 SW 162nd St, Miami 4,915 04/16/2018 $950,000
7465 SW 157th Ter, Miami 4,746 08/26/1994 $337,500
7345 SW 157th Ter, Miami 5,475 06/09/1998 $365,000
7420 SW 157th Ter, Miami 4,695 11/03/1994 $345,000
7440 SW 157th Ter, Miami 5,143 12/27/2007 $10
7405 SW 157th Ter, Miami 5,052 10/07/2010 $462,000
16100 Old Cutler Rd, Miami 7,240 11/20/1995 $600,000
7320 SW 157th Ter, Miami 4,461 08/18/1978
7365 SW 157th Ter, Miami 4,648 03/20/2006 $875,000
7480 SW 157th Ter, Miami 4,216 11/14/2023 $1,210,000
7460 SW 157th Ter, Miami 4,475 09/25/2002 $512,000
7360 SW 157th Ter, Miami 4,075 04/18/2024 $10
16050 Old Cutler Rd, Miami 02/10/2011 $145,000
7485 SW 157th Ter, Miami 3,833 09/24/2019 $915,000
7425 SW 157th Ter, Miami 4,052 12/24/2019 $830,000
7445 SW 157th Ter, Miami 5,464 12/24/2018 $770,000
16145 SW 74th CT, Miami 3,208 08/21/2025 $10
7325 SW 157th Ter, Miami 4,611 04/17/1992 $350,000

Nearby ZIP Codes for 7340 Southwest 157th Terrace, Miami

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