8041 SW 196 TER, Cutler Bay, FL 33189

8041 SW 196 TER, Cutler Bay, FL 33189 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1974 with 1,756 square feet of living space on a 8,276 square foot lot. The property is currently owned by RALPH A FRANCO JENNIE FRANCO, 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 2015-12-17 for $285,000, when MIAMI SFR PARTNERS LLC sold to RALPH A FRANCO. The property has appreciated $66,000 (30%) since the prior sale of $219,000 on 2013-11-18. There are 3 recorded sales for this property.

The 2025 assessed value is $302,265 with a market value of $508,986. This breaks down to $248,280 for the land and $260,706 for the building. The assessed value increased 3% from $293,747 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 $142,000 recorded against this property. 8041 SW 196 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 2015, with 3 recorded transactions in the public record. The current assessed value represents 106% of the most recent sale price. Based on the most recent sale, this property traded at $162 per square foot — a key metric for comparing value across Cutler Bay's real estate market..