7435 SW 188 LN, Cutler Bay, FL 33157

Parcel: 3660030343900 · Residential - Single Family · Residential · Zoning: 0100

Assessed Value (2025)
$783,064

Property Details

Beds
5
Baths
4
Living Sqft
3,945
Year Built
2006
Lot Sqft
9,057
Stories
2
RESIDENTIAL - SINGLE FAMILY : RESIDENTIAL - TOTAL VALUE

Sales History

1
$430,000
2013-02-15
EDUARDO BETANCOURTMASSIMO AUGUSTO ORTISI
2
$100non-market transfer
2014-06-17
MASSIMO AUGUSTO ORTISIMASSIMO AUGUSTO ORTISI TRS
3
$975,000
2023-05-22
MASSIMO AUGUSTO ORTISI TRSRICHARD THOMPSON
4
$975,000
2023-06-16

Tax Assessment History

$783,064
Assessed (2025)
$783,064
Market Value
$783,064
Taxable Value
$15,943
Annual Tax
2024
$820,073
2025
$783,064
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $783,064 $783,064 $783,064 $15,943
2024 $820,073 $820,073 $820,073 $16,696

About 7435 SW 188 LN, Cutler Bay, FL 33157

7435 SW 188 LN, Cutler Bay, FL 33157 is a 5-bedroom, 4-bathroom residential - single family : residential - total value built in 2006 with 3,945 square feet of living space on a 9,057 square foot lot. The property is currently owned by RICHARD THOMPSON MIRANDA LUNDEEN SOTO, 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 2023-06-16 for $975,000. There are 4 recorded sales for this property. The 2025 assessed value is $783,064 with a market value of $783,064.

This breaks down to $289,748 for the land and $493,316 for the building. The assessed value decreased 5% from $820,073 in 2024. 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 $754,470 recorded against this property. 7435 SW 188 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 2013 to 2023, with 4 recorded transactions in the public record. The current assessed value represents 80% of the most recent sale price. Based on the most recent sale, this property traded at $247 per square foot — a key metric for comparing value across Cutler Bay's real estate market..

Current Owner

RICHARD THOMPSON MIRANDA LUNDEEN SOTO
7435 SW 188 LN, CUTLER BAY, FL, 33157
Since: 2026-04-19
View owner profile →

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$5,098 — $8,630
Flood $400 — $800
Property/Wind $4,698 — $7,830

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
$780,000
~$754,470 bal.
WELLS FARGO BANK NA · 2023-06-16
Est. Total Balance $754,470
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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