8150 SW 187 TER, Cutler Bay, FL 33157

Parcel: 3660030230020 · Residential - Single Family · 1 Unit · Zoning: 2100

Assessed Value (2025)
$623,555

Property Details

Beds
4
Baths
2
Living Sqft
1,939
Year Built
1988
Lot Sqft
15,764
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$180,000
1993-11-01
2
$390,000+117%
2015-02-10
ROGER MENEZES &W KRISTINA DAVID QUINTERO
3
$740,000+90%
2022-11-21
DAVID QUINTERORICHARD SAYRE WOLCOTT III
4
$740,000
2022-11-28

Tax Assessment History

$623,555
Assessed (2025)
$645,487
Market Value
$572,833
Taxable Value
$11,662
Annual Tax
2024
$605,982
$647,675
2025
$623,555
$645,487
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $623,555 $645,487 $572,833 $11,662
2024 $605,982 $647,675 $555,982 $11,319

About 8150 SW 187 TER, Cutler Bay, FL 33157

8150 SW 187 TER, Cutler Bay, FL 33157 is a 4-bedroom, 2-bathroom residential - single family : 1 unit built in 1988 with 1,939 square feet of living space on a 15,764 square foot lot. The property is currently owned by RICHARD SAYRE WOLCOTT III, 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 2022-11-28 for $740,000. There are 4 recorded sales for this property. The 2025 assessed value is $623,555 with a market value of $645,487.

This breaks down to $353,786 for the land and $291,701 for the building. The assessed value increased 3% from $605,982 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. There are active mortgage liens totaling $465,416 recorded against this property. 8150 SW 187 TER, 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 1993 to 2022, with 4 recorded transactions in the public record. The current assessed value represents 84% of the most recent sale price.

Based on the most recent sale, this property traded at $382 per square foot — a key metric for comparing value across Cutler Bay's real estate market..

Building Permits (6)

Permit #TypeStatusCost
C1989009161 plumbing expired
N1989007623 plumbing expired
S1988084125 electrical expired
S1988069043 electrical expired
C1988063975 plumbing expired
S1988054291 plumbing expired

Current Owner

RICHARD SAYRE WOLCOTT III
8150 SW 187 TER, CUTLER BAY, FL, 33157
Since: 2026-04-19
View owner profile →

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$6,635 — $12,023
Flood $400 — $800
Property/Wind $6,235 — $11,223

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
$484,640
~$465,416 bal.
FAIRWAY INDEPENDENT MORTGAGE CORP · 2022-11-28
Est. Total Balance $465,416
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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