18731 SW 87 AVE, Cutler Bay, FL 33157

18731 SW 87 AVE, Cutler Bay, FL 33157 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1972 with 1,614 square feet of living space on a 15,029 square foot lot. The property is currently owned by ARIEL RAMIREZ KARINA FALCON, 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 2017-04-06 for $340,000, when FERNADO RUZ sold to ARIEL RAMIREZ. The property has appreciated $339,900 (339900%) since the prior sale of $100 on 2017-03-18. There are 3 recorded sales for this property.

The 2025 assessed value is $584,460 with a market value of $584,460. This breaks down to $345,334 for the land and $239,126 for the building. The assessed value decreased 0% from $584,917 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. 18731 SW 87 AVE, Cutler Bay, FL 33157 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 2015 to 2017, with 3 recorded transactions in the public record. The current assessed value represents 172% 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 $211 per square foot — a key metric for comparing value across Cutler Bay's real estate market..