7615 SW 193 LN, Cutler Bay, FL 33157

Parcel: 3660030342720 · Residential - Single Family · Residential · Zoning: 0100

Assessed Value (2025)
$324,110

Property Details

Beds
5
Baths
4
Living Sqft
3,399
Year Built
2005
Lot Sqft
11,273
Stories
2
RESIDENTIAL - SINGLE FAMILY : RESIDENTIAL - TOTAL VALUE

Sales History

1
$647,860
2005-11-01
2
$965,000+49%
2025-02-26
MARGARET DIJSELIZABETH HINCAPIE
3
$965,000
2025-03-10

Tax Assessment History

$324,110
Assessed (2025)
$752,405
Market Value
$273,388
Taxable Value
$5,566
Annual Tax
2024
$314,976
$784,273
2025
$324,110
$752,405
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $324,110 $752,405 $273,388 $5,566
2024 $314,976 $784,273 $264,976 $5,395

About 7615 SW 193 LN, Cutler Bay, FL 33157

7615 SW 193 LN, 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 11,273 square foot lot. The property is currently owned by ELIZABETH HINCAPIE EDWIN HINCAPIE, 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 2025-03-10 for $965,000. There are 3 recorded sales for this property. The 2025 assessed value is $324,110 with a market value of $752,405.

This breaks down to $328,528 for the land and $423,877 for the building. The assessed value increased 3% from $314,976 in 2024. The property has the following tax exemptions: homestead.

This property is located in FEMA Flood Zone AE, a Special Flood Hazard Area with a 1% annual chance of flooding (100-year floodplain). Flood insurance is typically required by lenders for properties in this zone. 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. There are active mortgage liens totaling $666,846 recorded against this property. 7615 SW 193 LN, 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 2005 to 2025, with 3 recorded transactions in the public record. The current assessed value represents 34% 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 $284 per square foot — a key metric for comparing value across Cutler Bay's real estate market..

Current Owner

ELIZABETH HINCAPIE EDWIN HINCAPIE
7615 SW 193 LN, MIAMI, FL, 33157-7397
Since: 2026-04-19
View owner profile →

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$2,344 — $4,041
Flood $400 — $800
Property/Wind $1,944 — $3,241

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 →

Mortgages

ACTIVE
$675,500
~$666,846 bal.
NEWREZ LLC · 2025-03-10
1 satisfied mortgage
SATISFIED 2021-07-07
$360,000
NP INC
Est. Total Balance $666,846
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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