29 days on rocket

7420 SW 145th Ter, Palmetto Bay, FL, 33158

$1,625,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
2 Full Baths, 1 Partial
2,663 SqFt
$610/SqFt
House
Schools Nearby

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

7420 SW 145th Ter, Palmetto Bay$1,625,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingAttached, Circular Driveway, Driveway, Garage
Attached Garage2 spaces
Year Built1972
HeatingCentral, Electric
CoolingCentral Air, Ceiling Fan(s), Electric
ViewGarden, Pool
MLS #A11559477
StatusActive

About 7420 SW 145th Ter

Welcoming 4 bedroom/ 2.5 bath home on an oversized, park-like lot (including a second folio) totaling 31,036 sq ft in a wonderful pocket of North Palmetto Bay. Great floorplan includes formal living and dining rooms. Lovely family room with fireplace and built in book shelves. Kitchen with breakfast nook has French doors leading to the patio. Tile and laminate flooring. Primary suite with walk in closets, updated bath with dual sinks and shower, overlooks screened pool and patio. Indoor laundry room. Circular driveway with side entry 2 car garage. Amazing lot with space for tennis court, and potential for so much more.

Property Details

Property Features

Property Information:

  • Architectural Style: Detached, One Story
  • Year Built: 1972
  • Stories: 1
  • Living Area: 2,663 SqFt

Listing Office:

  • Office Name: BHHS EWM Realty
  • Office Phone: (305) 960-2400
  • Listing Agent: Drew Kern

Interior Features

Interior Information:

  • Appliances: Oven, Dryer, Dishwasher, Electric Range, Refrigerator, Washer
  • Flooring Type: Other, Tile
  • Interior: Bedroom on Main Level, Breakfast Area, Dining Area, Separate/Formal Dining Room, Dual Sinks, Entrance Foyer, French Door(s)/Atrium Door(s), Fireplace, Pantry, Walk-In Closet(s), Central Vacuum

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • View: Garden, Pool
  • Exterior: Enclosed Porch, Patio, Storm/Security Shutters

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached, Circular Driveway, Driveway, Garage

Lot Features

Lot Information:

  • Lot: Sprinklers

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Ceiling Fan(s), Electric

School Info

Assigned Schools Information:

  • Miami Palmetto Senior High School, Public Magnet Grades 9-12
  • Southwood Middle School, Public Magnet Grades 6-8
  • Coral Reef Elementary School, Public District Grades PK-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,625,000
  • Price Per SqFt: $610/SqFt

Tax Information:

  • Annual Amount: $6,976
  • Tax Year: 2020
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

See how this home compares to others in Palmetto Bay, FL.

Map thumbnail provided by MapBox

Palmetto Bay, FL

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$441

Avg. Days On Market

76

# of Sold Homes

27

7420 SW 145th Ter vs Palmetto Bay

29 DAYS ON ROCKET

-47 Days

$1,625,000

+$551.6K More

$610/SqFt

+$169 More

KEY TAKEAWAY

This property is $551.6K more than the Median Sold Price and $169/SqFt more than other homes in Palmetto Bay, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11559477

Listing Office:

  • Office Name: BHHS EWM Realty
  • Office Phone: (305) 960-2400
  • Listing Agent: Drew Kern

IDX © 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/27/2024, 3:25:14 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$6,976$401,474
2018$6,522$385,131
2017$6,500$377,210

History based on county public records data.

Payment Calculator

$8,178

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,938

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-998891
9
/10

  • Coral Reef Elementary School

  • 7955 SW 152nd St

  • 0.63 miles

  • Public District Grades PK-5

Middle School

school-card-donut-998892
8
/10

  • Southwood Middle School

  • 16301 SW 80th Ave

  • 1.21 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-998893
6
/10

  • Miami Palmetto Senior High School

  • 7460 SW 118th St

  • 1.72 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $150,000. Residents of Palmetto Bay, FL typically earn between $100k-200k each year. Most families are married, with kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 7420 SW 145th Ter

What is the listing price of this property?

The listing price of 7420 SW 145th Ter property is $1,625,000.

What type of property is this?

The property 7420 SW 145th Ter is a house located in Palmetto Bay, Florida, 33158.

Is this property for sale now?

Active Listing: 7420 SW 145th Ter is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 7420 SW 145th Ter are:
Coral Reef Elementary School: GreatSchools Rating 9/10
Southwood Middle School: GreatSchools Rating 8/10
Miami Palmetto Senior High School: GreatSchools Rating 6/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $6,976 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 7420 SW 145th Ter has 4 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 7420 SW 145th Ter is 2,663 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7420 SW 145th Ter is 1972.

Rocket Homes›Florida›Miami-Dade County›Palmetto Bay›33158›7420 SW 145th Ter

This home is located at 7420 SW 145th Ter in Palmetto Bay, FL and zip code 33158 in the Cutler neighborhood. This 2,663 square foot home was built in 1972. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since March 29, 2024 and is currently priced at $1,625,000.

In March 2024, from all listings sold in Palmetto Bay, FL there were more than 4 sold above asking price, over 22 sold below and more than 1 were sold right at the asked price. Between February 2024 and March 2024, Palmetto Bay, FL real estate market has seen increase in the number of listings by 4.4%. While the average time on the market in March 2024 was 76 days, the median list price was $1,073,333.

From Rocket Homes Real Estate and based on county public records data.

More Resources