8150 SW 188 ST, Cutler Bay, FL 33157

Parcel: 3660030220020 · Residential - Single Family · 1 Unit · Zoning: 2100

Assessed Value (2025)
$586,794

Property Details

Beds
4
Baths
2
Living Sqft
2,836
Year Built
1988
Lot Sqft
15,000
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$230,000
1988-03-01
2
$625,000+172%
2021-01-21
CELSO G GOSECO &W MARY ANNEPAUL MERTON RICHARDS

Tax Assessment History

$586,794
Assessed (2025)
$771,679
Market Value
$536,072
Taxable Value
$10,914
Annual Tax
2024
$570,257
$777,274
2025
$586,794
$771,679
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $586,794 $771,679 $536,072 $10,914
2024 $570,257 $777,274 $520,257 $10,592

About 8150 SW 188 ST, Cutler Bay, FL 33157

8150 SW 188 ST, Cutler Bay, FL 33157 is a 4-bedroom, 2-bathroom residential - single family : 1 unit built in 1988 with 2,836 square feet of living space on a 15,000 square foot lot. The property is currently owned by PAUL MERTON RICHARDS RACHEL TAMSEN KING, 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 2021-01-21 for $625,000, when CELSO G GOSECO &W MARY ANNE sold to PAUL MERTON RICHARDS. The property has appreciated $395,000 (172%) since the prior sale of $230,000 on 1988-03-01. The 2025 assessed value is $586,794 with a market value of $771,679.

This breaks down to $345,000 for the land and $426,679 for the building. The assessed value increased 3% from $570,257 in 2024. The property has the following tax exemptions: homestead.

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. 8150 SW 188 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 1988 to 2021, with 2 recorded transactions in the public record. The current assessed value represents 94% of the most recent sale price. Based on the most recent sale, this property traded at $220 per square foot — a key metric for comparing value across Cutler Bay's real estate market..

Building Permits (1)

Permit #TypeStatusCost
C1987019897 building expired

Current Owner

PAUL MERTON RICHARDS RACHEL TAMSEN KING
8150 SW 188 ST, MIAMI, FL, 33157
Since: 2026-04-19
View owner profile →

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$6,267 — $11,362
Flood $400 — $800
Property/Wind $5,867 — $10,562

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 →
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