7431 SW 187 ST, Cutler Bay, FL 33157

7431 SW 187 ST, Cutler Bay, FL 33157 is a 5-bedroom, 4-bathroom residential - single family : residential - total value built in 2006 with 4,717 square feet of living space on a 16,640 square foot lot. The property is currently owned by CARLOS R TARAFA &W JANETTE TARAFA, 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 2009-06-15 for $330,000, when GLENGOFFE D JOHNSON &W sold to CARLOS R TARAFA &W. The property sold for $536,240 less than the prior sale of $866,240 on 2006-05-01. The 2025 assessed value is $440,962 with a market value of $1,018,750.

This breaks down to $422,450 for the land and $596,300 for the building. The assessed value increased 3% from $428,535 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. 7431 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 2006 to 2009, with 2 recorded transactions in the public record. The current assessed value represents 134% 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 $70 per square foot — a key metric for comparing value across Cutler Bay's real estate market..