7563 SW 188 TER, Cutler Bay, FL 33157

Parcel: 3660030344220 · Residential - Single Family · Residential · Zoning: 0100

Assessed Value (2025)
$686,814

Property Details

Beds
4
Baths
3
Living Sqft
2,723
Year Built
2006
Lot Sqft
10,956
Stories
1
RESIDENTIAL - SINGLE FAMILY : RESIDENTIAL - TOTAL VALUE

Sales History

1
$562,955
2006-08-01
2
$722,100+28%
2023-10-19
HUGO F NUNEZ MEDINA &WHOME AND LAND INC
3
$722,100
2023-10-20
4
$805,000+11%
2023-11-20
HOME AND LAND INCMARTIN A HALLETT
5
$805,000
2023-11-29

Tax Assessment History

$686,814
Assessed (2025)
$686,814
Market Value
$636,092
Taxable Value
$12,950
Annual Tax
2024
$714,109
2025
$686,814
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $686,814 $686,814 $636,092 $12,950
2024 $714,109 $714,109 $664,109 $13,521

About 7563 SW 188 TER, Cutler Bay, FL 33157

7563 SW 188 TER, Cutler Bay, FL 33157 is a 4-bedroom, 3-bathroom residential - single family : residential - total value built in 2006 with 2,723 square feet of living space on a 10,956 square foot lot. The property is currently owned by MARTIN A HALLETT GIULIANA MARIA GERLONI, 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 2023-11-29 for $805,000. There are 5 recorded sales for this property. The 2025 assessed value is $686,814 with a market value of $686,814.

This breaks down to $322,980 for the land and $363,834 for the building. The assessed value decreased 4% from $714,109 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 $473,568 recorded against this property. 7563 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 2006 to 2023, with 5 recorded transactions in the public record. The current assessed value represents 85% of the most recent sale price.

Based on the most recent sale, this property traded at $296 per square foot — a key metric for comparing value across Cutler Bay's real estate market..

Current Owner

MARTIN A HALLETT GIULIANA MARIA GERLONI
7563 SW 188 TER, CUTLER BAY, FL, 33157
Since: 2026-04-19
View owner profile →

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$4,520 — $7,668
Flood $400 — $800
Property/Wind $4,120 — $6,868

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
$487,000
~$473,568 bal.
BANK OF AMERICA NA · 2023-11-29
Est. Total Balance $473,568
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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