7738 SW 188 TER, Cutler Bay, FL 33157

7738 SW 188 TER, Cutler Bay, FL 33157 is a 4-bedroom, 2-bathroom residential - single family : residential - total value built in 2005 with 2,559 square feet of living space on a 8,450 square foot lot. The property is currently owned by 16231 SW 92 TER 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 2020-08-18 for $411,600, when U S BANK NA TRS sold to 16231 SW 92 TER LLC. The property has appreciated $90,100 (28%) since the prior sale of $321,500 on 2019-11-27. There are 3 recorded sales for this property.

The 2025 assessed value is $518,322 with a market value of $659,746. This breaks down to $304,125 for the land and $355,621 for the building. The assessed value increased 10% from $471,202 in 2024.

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. 7738 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 2006 to 2020, with 3 recorded transactions in the public record. The current assessed value represents 126% of the most recent sale price.

This high ratio could indicate the property was purchased below market value — a potential sign of a distressed sale or off-market deal. Based on the most recent sale, this property traded at $161 per square foot — a key metric for comparing value across Cutler Bay's real estate market..