7840 SW 197 TER, Cutler Bay, FL 33189

Parcel: 3660030161310 · Residential - Single Family · 1 Unit · Zoning: 0100

Assessed Value (2025)
$583,347

Property Details

Beds
3
Baths
2
Living Sqft
1,979
Year Built
1990
Lot Sqft
9,147
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$220,000
2016-05-23
BANK OF NEW YORK MELLON GRYPHON WORLDWIDE INVESTMENTS INC
2
$390,000+77%
2019-05-18
GRYPHON WORLDWIDE INVESTMENTS INCKEVIN BETANCOURT
3
$800,000+105%
2025-05-09
KEVIN BETANCOURTALEJANDRO ANICETO RUIZ
4
$800,000
2025-05-16

Tax Assessment History

$583,347
Assessed (2025)
$583,347
Market Value
$532,625
Taxable Value
$10,844
Annual Tax
2024
$604,294
2025
$583,347
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $583,347 $583,347 $532,625 $10,844
2024 $604,294 $604,294 $554,294 $11,285

About 7840 SW 197 TER, Cutler Bay, FL 33189

7840 SW 197 TER, Cutler Bay, FL 33189 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1990 with 1,979 square feet of living space on a 9,147 square foot lot. The property is currently owned by ALEJANDRO ANICETO RUIZ, 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 2025-05-16 for $800,000. There are 4 recorded sales for this property. The 2025 assessed value is $583,347 with a market value of $583,347.

This breaks down to $261,630 for the land and $321,717 for the building. The assessed value decreased 3% from $604,294 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 $751,667 recorded against this property.

7840 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 2016 to 2025, with 4 recorded transactions in the public record.

The current assessed value represents 73% of the most recent sale price. Based on the most recent sale, this property traded at $404 per square foot — a key metric for comparing value across Cutler Bay's real estate market..

Current Owner

ALEJANDRO ANICETO RUIZ
7840 SW 197 TER, CUTLER BAY, FL, 33189
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$6,233 — $11,300
Flood $400 — $800
Property/Wind $5,833 — $10,500

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
$760,000
~$751,667 bal.
PENNYMAC LOAN SERVICES LLC · 2025-05-16
1 satisfied mortgage
SATISFIED 2021-11-16
$350,000
UNITED WHOLESALE MORTGAGE LLC
Est. Total Balance $751,667
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
Zoom in to see property sales