7503 SW 188 TER, Cutler Bay, FL 33157

7503 SW 188 TER, Cutler Bay, FL 33157 is a 5-bedroom, 4-bathroom residential - single family : residential - total value built in 2005 with 4,717 square feet of living space on a 8,668 square foot lot. The property is currently owned by JMBX7 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 2025-11-03 for $340,000. There are 4 recorded sales for this property. The 2025 assessed value is $427,234 with a market value of $873,442.

This breaks down to $282,940 for the land and $590,502 for the building. The assessed value increased 3% from $415,194 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 $710,824 recorded against this property. 7503 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 2010 to 2025, with 4 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 $72 per square foot — a key metric for comparing value across Cutler Bay's real estate market..