8041 SW 197 TER, Cutler Bay, FL 33189

8041 SW 197 TER, Cutler Bay, FL 33189 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1974 with 1,830 square feet of living space on a 7,840 square foot lot. The property is currently owned by REYNALDO FERNANDEZ JR ALEXIS FERNANDEZ, 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 2025-09-11 for $750,000. There are 4 recorded sales for this property. The 2025 assessed value is $495,169 with a market value of $495,169.

This breaks down to $235,200 for the land and $259,969 for the building. The assessed value increased 2% from $485,456 in 2024. The property has the following tax exemptions: homestead.

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 $669,936 recorded against this property.

8041 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 2019 to 2025, with 4 recorded transactions in the public record.

The current assessed value represents 66% of the most recent sale price. This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase. Based on the most recent sale, this property traded at $410 per square foot — a key metric for comparing value across Cutler Bay's real estate market..