10407 OLD CUTLER RD, Cutler Bay, FL 33190

10407 OLD CUTLER RD, Cutler Bay, FL 33190 is a multifamily 10 units plus : multifamily 3 or more units built in 2003 with 233,856 square feet of living space on a 849,535 square foot lot. The property is currently owned by OLD CUTLER VILLAGE APARTMENTS, recorded as of 2026-03-29. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2024-05-31 for $1,990,000. The property sold for $1,010,000 less than the prior sale of $3,000,000 on 2002-05-01. The 2025 assessed value is $18,033,479 with a market value of $18,900,000.

This breaks down to $3,398,140 for the land and $15,501,860 for the building. The assessed value increased 10% from $16,394,072 in 2024. The median household income in this area is $85,500, and the median home value is $438,600.

The population density is 2,733 people per square mile. This property currently has 1 open code violation on record with miami_dade code enforcement. Open violations can affect property value and may need to be resolved before a sale can close.

10407 OLD CUTLER RD, Cutler Bay, FL 33190 is located in Cutler Bay, Florida. Property records, tax assessments, sales history, and ownership information for this Cutler Bay property are sourced from miami_dade County public records. The complete ownership history of this property spans from 2002 to 2024, with 2 recorded transactions in the public record.

The current assessed value represents 906% of the most recent sale price. This high ratio could indicate the property was purchased below market value — a potential sign of a distressed sale or off-market deal. Based on the most recent sale, this property traded at $9 per square foot — a key metric for comparing value across Cutler Bay's real estate market..