8251 SW 188 TER, Cutler Bay, FL 33157

Parcel: 3660030410050 · Residential - Single Family · 1 Unit · Zoning: 2100

Assessed Value (2025)
$663,255

Property Details

Beds
5
Baths
4.5
Living Sqft
3,117
Year Built
2016
Lot Sqft
20,133
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$625,000
2016-09-26
COCO BAY LLCFERNANDO I MARTINEZ

Tax Assessment History

$663,255
Assessed (2025)
$1,005,911
Market Value
$612,533
Taxable Value
$12,471
Annual Tax
2024
$644,563
$1,012,450
2025
$663,255
$1,005,911
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $663,255 $1,005,911 $612,533 $12,471
2024 $644,563 $1,012,450 $594,563 $12,105

About 8251 SW 188 TER, Cutler Bay, FL 33157

8251 SW 188 TER, Cutler Bay, FL 33157 is a 5-bedroom, 4.5-bathroom residential - single family : 1 unit built in 2016 with 3,117 square feet of living space on a 20,133 square foot lot. The property is currently owned by FERNANDO I MARTINEZ MARIA L MARTINEZ, 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 2016-09-26 for $625,000, when COCO BAY LLC sold to FERNANDO I MARTINEZ. The 2025 assessed value is $663,255 with a market value of $1,005,911. This breaks down to $404,030 for the land and $601,881 for the building.

The assessed value increased 3% from $644,563 in 2024. The property has the following tax exemptions: homestead. This property is located in FEMA Flood Zone X, which indicates minimal flood risk.

Flood insurance is typically not required for properties in Zone X. The median household income in this area is $108,165, and the median home value is $575,000. The population density is 3,712 people per square mile.

8251 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 current assessed value represents 106% of the most recent sale price.

Based on the most recent sale, this property traded at $201 per square foot — a key metric for comparing value across Cutler Bay's real estate market..

Current Owner

FERNANDO I MARTINEZ MARIA L MARTINEZ
8251 SW 188 TER, CUTLER BAY, FL, 33157
Since: 2026-04-19
View owner profile →

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$4,379 — $7,432
Flood $400 — $800
Property/Wind $3,979 — $6,632

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$108,165
Median Home Value$575,000
Pop. Density3,712/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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