8031 SW 197 TER, Cutler Bay, FL 33189

Parcel: 3660030160120 · Residential - Single Family · 1 Unit · Zoning: 0100

Assessed Value (2025)
$455,337

Property Details

Beds
3
Baths
2
Living Sqft
1,831
Year Built
1974
Lot Sqft
8,276
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$271,000
2004-11-01
2
$280,300+3%
2018-03-02
MARIBEL G GARCIA CERBERUS SFR HOLDINGS LP
3
$585,000+109%
2025-04-25
CERBERUS SFR HOLDINGS LPRALPH M USATORRES
4
$585,000
2025-05-12

Tax Assessment History

$455,337
Assessed (2025)
$498,394
Market Value
$455,337
Taxable Value
$9,270
Annual Tax
2024
$413,943
$514,507
2025
$455,337
$498,394
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $455,337 $498,394 $455,337 $9,270
2024 $413,943 $514,507 $413,943 $8,428

About 8031 SW 197 TER, Cutler Bay, FL 33189

8031 SW 197 TER, Cutler Bay, FL 33189 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1974 with 1,831 square feet of living space on a 8,276 square foot lot. The property is currently owned by RALPH M USATORRES CORINA ROMERO, 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 2025-05-12 for $585,000. There are 4 recorded sales for this property. The 2025 assessed value is $455,337 with a market value of $498,394.

This breaks down to $248,280 for the land and $250,114 for the building. The assessed value increased 10% from $413,943 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. There are active mortgage liens totaling $529,800 recorded against this property. 8031 SW 197 TER, 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 2004 to 2025, with 4 recorded transactions in the public record. The current assessed value represents 78% of the most recent sale price.

Based on the most recent sale, this property traded at $319 per square foot — a key metric for comparing value across Cutler Bay's real estate market..

Current Owner

RALPH M USATORRES CORINA ROMERO
8031 SW 197 TER, MIAMI, FL, 33189
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$4,953 — $8,996
Flood $400 — $800
Property/Wind $4,553 — $8,196

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 →

Mortgages

ACTIVE
$535,713
~$529,800 bal.
UNITED WHOLESALE MORTGAGE LLC · 2025-05-12
Est. Total Balance $529,800
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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