8231 SW 198 ST, Cutler Bay, FL 33189
Parcel: 3660030120570 · Residential - Single Family · 1 Unit · Zoning: 0100
Assessed Value (2025)
$417,883
Property Details
Beds
3
Baths
2
Living Sqft
1,660
Year Built
1974
Lot Sqft
8,461
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT
Sales History
1
$142,700
2013-01-10
DIANEVIS E GOMEZ → DEUTSCHE BANK NATL TR CO TRS
2
$237,500+66%
2013-08-20
DEUTSCHE BANK NATL TR CO TRS → IH2 PROPERTY FLORIDA L P
3
N/Anon-market transfer
2018-06-28
IH2 PROPERTY FLORIDA L P → 2018 3 IH BORROWER LP
Tax Assessment History
$417,883
Assessed (2025)
$472,836
Market Value
$417,883
Taxable Value
$8,508
Annual Tax
2024
$379,894
$489,904
2025
$417,883
$472,836
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $417,883 | $472,836 | $417,883 | $8,508 | $251,340 | $221,496 |
| 2024 | $379,894 | $489,904 | $379,894 | $7,734 | $251,340 | $238,564 |
About 8231 SW 198 ST, Cutler Bay, FL 33189
8231 SW 198 ST, Cutler Bay, FL 33189 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1974 with 1,660 square feet of living space on a 8,461 square foot lot. The property is currently owned by 2018 3 IH BORROWER LP, recorded as of 2026-04-19. The mailing address differs from the property address, suggesting this may be an investment property or rental.
There are 3 recorded sales for this property. The 2025 assessed value is $417,883 with a market value of $472,836. This breaks down to $251,340 for the land and $221,496 for the building.
The assessed value increased 10% from $379,894 in 2024. 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.
8231 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 2013 to 2018, with 3 recorded transactions in the public record..
Current Owner
2018 3 IH BORROWER LP
2525 W FRYE RD STE 300, CHANDLER, AZ, 85224
Since: 2026-04-19
View owner profile →
People Behind This Entity
Est. Annual Insurance
$4,578 — $8,321
Flood $400 — $800
Property/Wind $4,178 — $7,521
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
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