7541 SW 187 ST, Cutler Bay, FL 33157

Parcel: 3660030344440 · Residential - Single Family · Residential · Zoning: 0100

Assessed Value (2025)
$627,257

Property Details

Beds
5
Baths
4
Living Sqft
5,047
Year Built
2006
Lot Sqft
8,308
Stories
2
RESIDENTIAL - SINGLE FAMILY : RESIDENTIAL - TOTAL VALUE

Sales History

1
$46,600
2012-03-30
VINH V NGUYENROBERTO F LOPEZ
2
$427,600+818%
2015-03-26
ROBERTO F LOPEZUS BANK NATIONAL ASSN
3
$518,000+21%
2016-01-25
US BANK NATIONAL ASSNPATRICK A PARGAS

Tax Assessment History

$627,257
Assessed (2025)
$948,022
Market Value
$576,535
Taxable Value
$11,738
Annual Tax
2024
$609,580
$994,022
2025
$627,257
$948,022
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $627,257 $948,022 $576,535 $11,738
2024 $609,580 $994,022 $559,580 $11,393

About 7541 SW 187 ST, Cutler Bay, FL 33157

7541 SW 187 ST, Cutler Bay, FL 33157 is a 5-bedroom, 4-bathroom residential - single family : residential - total value built in 2006 with 5,047 square feet of living space on a 8,308 square foot lot. The property is currently owned by PATRICK A PARGAS, 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 2016-01-25 for $518,000, when US BANK NATIONAL ASSN sold to PATRICK A PARGAS. The property has appreciated $90,400 (21%) since the prior sale of $427,600 on 2015-03-26. There are 3 recorded sales for this property.

The 2025 assessed value is $627,257 with a market value of $948,022. This breaks down to $276,640 for the land and $671,382 for the building. The assessed value increased 3% from $609,580 in 2024.

The property has the following tax exemptions: homestead. 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.

7541 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 complete ownership history of this property spans from 2012 to 2016, with 3 recorded transactions in the public record.

The current assessed value represents 121% 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 $103 per square foot — a key metric for comparing value across Cutler Bay's real estate market..

Current Owner

PATRICK A PARGAS
8940 SW 228 LN, CUTLER BAY, FL, 33190
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$4,163 — $7,072
Flood $400 — $800
Property/Wind $3,763 — $6,272

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 →
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