8240 SW 187 ST, Cutler Bay, FL 33157

Parcel: 3660030170030 · Residential - Single Family · 1 Unit · Zoning: 2100

Assessed Value (2025)
$780,417

Property Details

Beds
4
Baths
3
Living Sqft
2,487
Year Built
1987
Lot Sqft
15,129
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$176,000
1994-01-01
2
$195,000+11%
2000-08-01
3
$605,000+210%
2020-07-23
VICTOR M ORTIZ &W JENNIFER OCHOASERGIO ANTONIO GOMEZ

Tax Assessment History

$780,417
Assessed (2025)
$780,417
Market Value
$780,417
Taxable Value
$15,889
Annual Tax
2024
$511,239
$785,255
2025
$780,417
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $780,417 $780,417 $780,417 $15,889
2024 $511,239 $785,255 $461,239 $9,390

About 8240 SW 187 ST, Cutler Bay, FL 33157

8240 SW 187 ST, Cutler Bay, FL 33157 is a 4-bedroom, 3-bathroom residential - single family : 1 unit built in 1987 with 2,487 square feet of living space on a 15,129 square foot lot. The property is currently owned by SERGIO ANTONIO GOMEZ MARCELA VILLEGAS, 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 2020-07-23 for $605,000, when VICTOR M ORTIZ &W JENNIFER OCHOA sold to SERGIO ANTONIO GOMEZ . The property has appreciated $410,000 (210%) since the prior sale of $195,000 on 2000-08-01. There are 3 recorded sales for this property.

The 2025 assessed value is $780,417 with a market value of $780,417. This breaks down to $346,484 for the land and $433,933 for the building. The assessed value increased 53% from $511,239 in 2024.

This property is located in FEMA Flood Zone X, which indicates minimal flood risk. Flood insurance is typically not required for properties in Zone X. 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 $473,358 recorded against this property. 8240 SW 187 ST, Cutler Bay, FL 33157 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 1994 to 2020, with 3 recorded transactions in the public record. The current assessed value represents 129% of the most recent sale price.

This high ratio could indicate the property was purchased below market value — a potential sign of a distressed sale or off-market deal. Based on the most recent sale, this property traded at $243 per square foot — a key metric for comparing value across Cutler Bay's real estate market..

Current Owner

SERGIO ANTONIO GOMEZ MARCELA VILLEGAS
8240 SW 187 ST, MIAMI, FL, 33157
Since: 2026-04-19
View owner profile →

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$8,204 — $14,847
Flood $400 — $800
Property/Wind $7,804 — $14,047

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 33157

46.3%
Owner-Occ
53.7%
Investor
161
Flips (4yr)
2,488
New Biz (3yr)
Distress Risk
MODERATE
36
View full risk analysis →

Mortgages

ACTIVE
$510,000
~$473,358 bal.
QUICKEN LOANS INC · 2020-08-07
Est. Total Balance $473,358
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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