8461 SW 198 ST, Cutler Bay, FL 33189

Parcel: 3660030250090 · Residential - Single Family · 1 Unit · Zoning: 0100

Assessed Value (2025)
$308,817

Property Details

Beds
5
Baths
3
Living Sqft
2,287
Year Built
1990
Lot Sqft
8,639
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$77,500
2019-01-07
ALEJANDRO MAGADANALEJANDRO MAGADAN
2
$440,000+468%
2019-04-18
ALEJANDRO MAGADANMIGUEL ANGEL SUAREZ
3
$100non-market transfer
2021-10-06
MIGUEL ANGEL SUAREZMIGUEL ANGEL SUAREZ TRS

Tax Assessment History

$308,817
Assessed (2025)
$573,125
Market Value
$258,095
Taxable Value
$5,255
Annual Tax
2024
$300,114
$577,348
2025
$308,817
$573,125
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $308,817 $573,125 $258,095 $5,255
2024 $300,114 $577,348 $250,114 $5,092

About 8461 SW 198 ST, Cutler Bay, FL 33189

8461 SW 198 ST, Cutler Bay, FL 33189 is a 5-bedroom, 3-bathroom residential - single family : 1 unit built in 1990 with 2,287 square feet of living space on a 8,639 square foot lot. The property is currently owned by MIGUEL ANGEL SUAREZ TRS THE SUAREZ 8461 REV TR, 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 2021-10-06 for $100, when MIGUEL ANGEL SUAREZ sold to MIGUEL ANGEL SUAREZ TRS. The property sold for $439,900 less than the prior sale of $440,000 on 2019-04-18. There are 3 recorded sales for this property.

The 2025 assessed value is $308,817 with a market value of $573,125. This breaks down to $242,085 for the land and $331,040 for the building. The assessed value increased 3% from $300,114 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. 8461 SW 198 ST, 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 2019 to 2021, with 3 recorded transactions in the public record..

Current Owner

MIGUEL ANGEL SUAREZ TRS THE SUAREZ 8461 REV TR
8461 SW 198 ST, CUTLER BAY, FL, 33189
Since: 2026-04-19
View owner profile →

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$3,488 — $6,358
Flood $400 — $800
Property/Wind $3,088 — $5,558

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 →
Zoom in to see property sales