7942 SW 186 ST, Cutler Bay, FL 33157

Parcel: 3660030300230 · Residential - Single Family · 1 Unit · Zoning: 2100

Assessed Value (2025)
$545,681

Property Details

Beds
4
Baths
2
Living Sqft
2,484
Year Built
1994
Lot Sqft
16,071
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$707,000
1993-10-01
2
$213,200-70%
1994-06-01
3
$850,000+299%
2023-05-01
LYDIA R AVICKJOSE M PERES
4
$850,000
2023-05-10

Tax Assessment History

$545,681
Assessed (2025)
$762,359
Market Value
$494,959
Taxable Value
$10,077
Annual Tax
2024
$530,303
$767,875
2025
$545,681
$762,359
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $545,681 $762,359 $494,959 $10,077
2024 $530,303 $767,875 $480,303 $9,779

About 7942 SW 186 ST, Cutler Bay, FL 33157

7942 SW 186 ST, Cutler Bay, FL 33157 is a 4-bedroom, 2-bathroom residential - single family : 1 unit built in 1994 with 2,484 square feet of living space on a 16,071 square foot lot. The property is currently owned by JOSE M PERES MARGARITA PERES, 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 2023-05-10 for $850,000. There are 4 recorded sales for this property. The 2025 assessed value is $545,681 with a market value of $762,359.

This breaks down to $357,316 for the land and $405,043 for the building. The assessed value increased 3% from $530,303 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 $698,283 recorded against this property. 7942 SW 186 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 1993 to 2023, with 4 recorded transactions in the public record. The current assessed value represents 64% of the most recent sale price.

This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase. Based on the most recent sale, this property traded at $342 per square foot — a key metric for comparing value across Cutler Bay's real estate market..

Current Owner

JOSE M PERES MARGARITA PERES
7942 SW 186 ST, CUTLER BAY, FL, 33157
Since: 2026-04-19
View owner profile →

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$4,765 — $8,439
Flood $400 — $800
Property/Wind $4,365 — $7,639

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
$722,500
~$698,283 bal.
BETTER MORTGAGE CORP · 2023-05-10
Est. Total Balance $698,283
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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