8460 SW 198 ST, Cutler Bay, FL 33189

Parcel: 3660030020023 · Residential - Single Family · 1 Unit · Zoning: 0100

Assessed Value (2025)
$349,866

Property Details

Beds
4
Baths
2.5
Living Sqft
2,348
Year Built
1992
Lot Sqft
12,250
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$163,500
1999-04-01
2
$299,000+83%
2003-06-01
3
$265,000-11%
2010-10-26
RICHARD H CRANE &WJOSEPH WOLFF

Tax Assessment History

$349,866
Assessed (2025)
$589,673
Market Value
$299,144
Taxable Value
$6,090
Annual Tax
2024
$340,006
$591,814
2025
$349,866
$589,673
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $349,866 $589,673 $299,144 $6,090
2024 $340,006 $591,814 $290,006 $5,904

About 8460 SW 198 ST, Cutler Bay, FL 33189

8460 SW 198 ST, Cutler Bay, FL 33189 is a 4-bedroom, 2.5-bathroom residential - single family : 1 unit built in 1992 with 2,348 square feet of living space on a 12,250 square foot lot. The property is currently owned by JOSEPH WOLFF MINDEL WOLFF, 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 2010-10-26 for $265,000, when RICHARD H CRANE &W sold to JOSEPH WOLFF. The property sold for $34,000 less than the prior sale of $299,000 on 2003-06-01. There are 3 recorded sales for this property.

The 2025 assessed value is $349,866 with a market value of $589,673. This breaks down to $296,250 for the land and $293,423 for the building. The assessed value increased 3% from $340,006 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. 8460 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 1999 to 2010, with 3 recorded transactions in the public record. The current assessed value represents 132% 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 $113 per square foot — a key metric for comparing value across Cutler Bay's real estate market..

Building Permits (1)

Permit #TypeStatusCost
N1993017131 mechanical expired

Current Owner

JOSEPH WOLFF MINDEL WOLFF
8460 SW 198 STREET, MIAMI, FL, 33189
Since: 2026-04-19
View owner profile →

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$3,898 — $7,097
Flood $400 — $800
Property/Wind $3,498 — $6,297

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
View full risk analysis →
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