8440 SW 198 ST, Cutler Bay, FL 33189
Parcel: 3660030020022 · Residential - Single Family · 1 Unit · Zoning: 0100
Assessed Value (2025)
$571,101
Property Details
Beds
4
Baths
2.5
Living Sqft
2,018
Year Built
1991
Lot Sqft
12,900
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT
Sales History
1
$145,000
1992-05-01
2
$152,900+5%
1995-09-01
3
$780,000+410%
2024-10-15
JOHN A HART JR &W CINDY → ROLANDO C CARTA
4
$780,000
2024-10-23
Tax Assessment History
$571,101
Assessed (2025)
$604,632
Market Value
$520,379
Taxable Value
$10,595
Annual Tax
2024
$242,627
$606,964
2025
$571,101
$604,632
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $571,101 | $604,632 | $520,379 | $10,595 | $306,000 | $298,632 |
| 2024 | $242,627 | $606,964 | $192,627 | $3,922 | $306,000 | $300,964 |
About 8440 SW 198 ST, Cutler Bay, FL 33189
8440 SW 198 ST, Cutler Bay, FL 33189 is a 4-bedroom, 2.5-bathroom residential - single family : 1 unit built in 1991 with 2,018 square feet of living space on a 12,900 square foot lot. The property is currently owned by ROLANDO C CARTA IVETTE GONZALEZ IGLESIAS, 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 2024-10-23 for $780,000. There are 4 recorded sales for this property. The 2025 assessed value is $571,101 with a market value of $604,632.
This breaks down to $306,000 for the land and $298,632 for the building. The assessed value increased 135% from $242,627 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 $613,254 recorded against this property. 8440 SW 198 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 1992 to 2024, with 4 recorded transactions in the public record. The current assessed value represents 73% of the most recent sale price.
Based on the most recent sale, this property traded at $387 per square foot — a key metric for comparing value across Cutler Bay's real estate market..
Building Permits (3)
| Permit # | Type | Description | Status | Date | Cost |
|---|---|---|---|---|---|
| S1992096154 | plumbing | expired | — | ||
| S1992018320 | plumbing | expired | — | ||
| N1991142977 | plumbing | expired | — |
Current Owner
ROLANDO C CARTA IVETTE GONZALEZ IGLESIAS
8440 SW 198 ST, CUTLER BAY, FL, 33189
Since: 2026-04-19
View owner profile →
Flood Zone
Zone X
Minimal risk
Est. Annual Insurance
$6,111 — $11,079
Flood $400 — $800
Property/Wind $5,711 — $10,279
Estimate based on FEMA flood zone, property value, and year built. Actual premiums vary based on elevation, mitigation features, roof condition, and insurer. Not a quote.
Neighborhood
Median Income$108,165
Median Home Value$575,000
Pop. Density3,712/sq mi
Neighborhood 33189
59%
Owner-Occ
41%
Investor
77
Flips (4yr)
1,212
New Biz (3yr)
Distress Risk
MODERATE
31
Mortgages
ACTIVE
$624,000
FAIRWAY INDEPENDENT MORTGAGE CORP · 2024-10-23
Est. Total Balance $613,254
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
Zoom in to see property sales