7502 SW 187 ST, Cutler Bay, FL 33157

Parcel: 3660030344080 · Residential - Single Family · Residential · Zoning: 0100

Assessed Value (2025)
$320,488

Property Details

Beds
5
Baths
3
Living Sqft
3,061
Year Built
2005
Lot Sqft
8,880
Stories
1
RESIDENTIAL - SINGLE FAMILY : RESIDENTIAL - TOTAL VALUE

Sales History

1
$594,445
2005-09-01

Tax Assessment History

$320,488
Assessed (2025)
$713,034
Market Value
$269,766
Taxable Value
$5,492
Annual Tax
2024
$311,456
$744,866
2025
$320,488
$713,034
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $320,488 $713,034 $269,766 $5,492
2024 $311,456 $744,866 $261,456 $5,323

About 7502 SW 187 ST, Cutler Bay, FL 33157

7502 SW 187 ST, Cutler Bay, FL 33157 is a 5-bedroom, 3-bathroom residential - single family : residential - total value built in 2005 with 3,061 square feet of living space on a 8,880 square foot lot. The property is currently owned by RONALD A SMITH & CYNTHIA R, 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 2005-09-01 for $594,445. The 2025 assessed value is $320,488 with a market value of $713,034. This breaks down to $286,650 for the land and $426,384 for the building.

The assessed value increased 3% from $311,456 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 $351,212 recorded against this property. 7502 SW 187 ST, 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 current assessed value represents 54% 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 $194 per square foot — a key metric for comparing value across Cutler Bay's real estate market..

Current Owner

RONALD A SMITH & CYNTHIA R
7502 SW 187 ST, MIAMI, FL, 33157-7339
Since: 2026-04-19
View owner profile →

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$2,322 — $4,004
Flood $400 — $800
Property/Wind $1,922 — $3,204

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
$372,500
~$351,212 bal.
QUICKEN LOANS LLC · 2021-07-22
Est. Total Balance $351,212
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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