7407 SW 189 TER, Cutler Bay, FL 33157

7407 SW 189 TER, Cutler Bay, FL 33157 is a 5-bedroom, 4-bathroom residential - single family : residential - total value built in 2005 with 3,459 square feet of living space on a 10,569 square foot lot. The property is currently owned by ELIZABETH ARBELAEZ, 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 2005-11-01 for $749,000. The property has appreciated $190,010 (34%) since the prior sale of $558,990 on 2005-08-01. The 2025 assessed value is $495,745 with a market value of $802,033.

This breaks down to $316,208 for the land and $485,825 for the building. The assessed value increased 3% from $481,774 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. 7407 SW 189 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 2005 to 2005, with 2 recorded transactions in the public record. The current assessed value represents 66% 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 $217 per square foot — a key metric for comparing value across Cutler Bay's real estate market..