7543 SW 188 TER, Cutler Bay, FL 33157

7543 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 16,458 square foot lot. The property is currently owned by JOE BALLESTE DIVONNE BALLESTE, 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 2008-12-09 for $420,500, when DEUTSCHE BNK NATL TRUST CO TRU sold to JOE BALLESTE. The property has appreciated $420,400 (420400%) since the prior sale of $100 on 2008-10-17. There are 3 recorded sales for this property.

The 2025 assessed value is $841,608 with a market value of $1,039,538. This breaks down to $419,265 for the land and $620,273 for the building. The assessed value increased 10% from $765,099 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. 7543 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 2005 to 2008, with 3 recorded transactions in the public record. The current assessed value represents 200% 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 $89 per square foot — a key metric for comparing value across Cutler Bay's real estate market..