7770 SW 188 TER, Cutler Bay, FL 33157

Parcel: 3660030341260 · Residential - Single Family · Residential · Zoning: 0100

Assessed Value (2025)
$422,630

Property Details

Beds
5
Baths
4
Living Sqft
3,945
Year Built
2005
Lot Sqft
12,175
Stories
2
RESIDENTIAL - SINGLE FAMILY : RESIDENTIAL - TOTAL VALUE

Sales History

1
N/Anon-market transfer
2008-03-01
2
$449,900
2008-07-01
3
$1,400,000+211%
2025-04-16
MARIO GOMEZFL TREE PROPERTY LLC
4
$1,400,000
2025-05-02

Tax Assessment History

$422,630
Assessed (2025)
$894,687
Market Value
$371,908
Taxable Value
$7,572
Annual Tax
2024
$410,720
$931,357
2025
$422,630
$894,687
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $422,630 $894,687 $371,908 $7,572
2024 $410,720 $931,357 $360,720 $7,344

About 7770 SW 188 TER, Cutler Bay, FL 33157

7770 SW 188 TER, Cutler Bay, FL 33157 is a 5-bedroom, 4-bathroom residential - single family : residential - total value built in 2005 with 3,945 square feet of living space on a 12,175 square foot lot. The property is currently owned by FL TREE PROPERTY LLC, recorded as of 2026-04-19. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2025-05-02 for $1,400,000. There are 4 recorded sales for this property. The 2025 assessed value is $422,630 with a market value of $894,687.

This breaks down to $369,312 for the land and $525,375 for the building. The assessed value increased 3% from $410,720 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. 7770 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 complete ownership history of this property spans from 2008 to 2025, with 4 recorded transactions in the public record. The current assessed value represents 30% 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 $355 per square foot — a key metric for comparing value across Cutler Bay's real estate market..

Current Owner

FL TREE PROPERTY LLC
13 BRIDGE LN, KEY LARGO, FL, 33037
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$2,935 — $5,026
Flood $400 — $800
Property/Wind $2,535 — $4,226

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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