7794 SW 188 TER, Cutler Bay, FL 33157

Parcel: 3660030341230 · Residential - Single Family · Residential · Zoning: 0100

Assessed Value (2025)
$351,193

Property Details

Beds
5
Baths
4
Living Sqft
3,399
Year Built
2005
Lot Sqft
12,364
Stories
2
RESIDENTIAL - SINGLE FAMILY : RESIDENTIAL - TOTAL VALUE

Sales History

1
$557,880
2005-03-01

Tax Assessment History

$351,193
Assessed (2025)
$796,497
Market Value
$300,471
Taxable Value
$6,117
Annual Tax
2024
$341,296
$828,365
2025
$351,193
$796,497
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $351,193 $796,497 $300,471 $6,117
2024 $341,296 $828,365 $291,296 $5,931

About 7794 SW 188 TER, Cutler Bay, FL 33157

7794 SW 188 TER, Cutler Bay, FL 33157 is a 5-bedroom, 4-bathroom residential - single family : residential - total value built in 2005 with 3,399 square feet of living space on a 12,364 square foot lot. The property is currently owned by NESTOR A SANCHEZ, 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 2005-03-01 for $557,880. The 2025 assessed value is $351,193 with a market value of $796,497. This breaks down to $372,620 for the land and $423,877 for the building.

The assessed value increased 3% from $341,296 in 2024. The property has the following tax exemptions: homestead. The median household income in this area is $59,248, and the median home value is $344,300.

The population density is 1,820 people per square mile. 7794 SW 188 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 current assessed value represents 63% 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 $164 per square foot — a key metric for comparing value across Cutler Bay's real estate market..

Current Owner

NESTOR A SANCHEZ
7794 SW 188 TERR, MIAMI, FL, 33157-8044
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$2,507 — $4,311
Flood $400 — $800
Property/Wind $2,107 — $3,511

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$59,248
Median Home Value$344,300
Pop. Density1,820/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 →
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