8501 SW 199 ST, Cutler Bay, FL 33189

8501 SW 199 ST, Cutler Bay, FL 33189 is a 3-bedroom, 2.5-bathroom residential - single family : 1 unit built in 2020 with 1,960 square feet of living space on a 7,999 square foot lot. The property is currently owned by RAFAEL GARCES MARINA ROXANA BARRERA, recorded as of 2026-04-19. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2020-01-17 for $385,000, when CAJ INVESTMENT LLC sold to RAFAEL GARCES. The property has appreciated $310,000 (413%) since the prior sale of $75,000 on 2018-05-10. There are 3 recorded sales for this property.

The 2025 assessed value is $522,520 with a market value of $522,520. This breaks down to $232,485 for the land and $290,035 for the building. The assessed value decreased 1% from $525,542 in 2024.

The property has the following tax exemptions: homestead. This property is located in FEMA Flood Zone X, which indicates minimal flood risk. Flood insurance is typically not required for properties in Zone X.

The median household income in this area is $108,165, and the median home value is $575,000. The population density is 3,712 people per square mile. There are active mortgage liens totaling $6,811 recorded against this property.

8501 SW 199 ST, Cutler Bay, FL 33189 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 2006 to 2020, with 3 recorded transactions in the public record.

The current assessed value represents 136% 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 $196 per square foot — a key metric for comparing value across Cutler Bay's real estate market..