8471 SW 198 ST, Cutler Bay, FL 33189

Parcel: 3660030250100 · Residential - Single Family · 1 Unit · Zoning: 0100

Assessed Value (2025)
$491,631

Property Details

Beds
4
Baths
2.5
Living Sqft
2,404
Year Built
1990
Lot Sqft
8,618
Stories
2
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$100non-market transfer
2015-06-25
IH2 PROPERTY FLORIDA LP2015 3 IH2 BORROWER LP
2
N/Anon-market transfer
2018-06-28
2015 3 IH2 BORROWER LP2018 3 IH BORROWER LP
3
$650,000
2025-12-18
2018 3 IH BORROWER LPLAZARO BENITO ALVAREZ PINO
4
$650,000
2026-01-07

Tax Assessment History

$491,631
Assessed (2025)
$524,131
Market Value
$491,631
Taxable Value
$10,009
Annual Tax
2024
$446,938
$526,292
2025
$491,631
$524,131
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $491,631 $524,131 $491,631 $10,009
2024 $446,938 $526,292 $446,938 $9,099

About 8471 SW 198 ST, Cutler Bay, FL 33189

8471 SW 198 ST, Cutler Bay, FL 33189 is a 4-bedroom, 2.5-bathroom residential - single family : 1 unit built in 1990 with 2,404 square feet of living space on a 8,618 square foot lot. The property is currently owned by LAZARO BENITO ALVAREZ PINO ENIA ELIZABETH FERNANDEZ HEVIA, 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 2026-01-07 for $650,000. There are 4 recorded sales for this property. The 2025 assessed value is $491,631 with a market value of $524,131.

This breaks down to $241,770 for the land and $282,361 for the building. The assessed value increased 10% from $446,938 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 $582,080 recorded against this property. 8471 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 2015 to 2026, with 4 recorded transactions in the public record. The current assessed value represents 76% of the most recent sale price. Based on the most recent sale, this property traded at $270 per square foot — a key metric for comparing value across Cutler Bay's real estate market..

Current Owner

LAZARO BENITO ALVAREZ PINO ENIA ELIZABETH FERNANDEZ HEVIA
8471 SW 198 ST, CUTLER BAY, FL, 33189
Since: 2026-04-19
View owner profile →

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$5,316 — $9,649
Flood $400 — $800
Property/Wind $4,916 — $8,849

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 →

Mortgages

ACTIVE
$585,000
~$582,080 bal.
ROCKET MORTGAGE LLC · 2026-01-07
Est. Total Balance $582,080
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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