8051 SW 188 ST, Cutler Bay, FL 33157

8051 SW 188 ST, Cutler Bay, FL 33157 is a 4-bedroom, 2-bathroom residential - single family : 1 unit built in 1991 with 2,614 square feet of living space on a 15,720 square foot lot. The property is currently owned by LUIS M PEREZ BURNES DELIANYS MOLERIO, 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 2022-03-09 for $232,500, when LUIS M PEREZ BURNES sold to LUIS M PEREZ BURNES. The property sold for $248,000 less than the prior sale of $480,500 on 2015-04-16. There are 3 recorded sales for this property.

The 2025 assessed value is $723,789 with a market value of $744,726. This breaks down to $353,280 for the land and $391,446 for the building. The assessed value increased 3% from $703,391 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 $100,000 recorded against this property.

8051 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 2014 to 2022, with 3 recorded transactions in the public record.

The current assessed value represents 311% 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 $89 per square foot — a key metric for comparing value across Cutler Bay's real estate market..