9981 BAHAMA DR, Cutler Bay, FL 33189

Parcel: 3660040040600 · Residential - Single Family · 1 Unit · Zoning: 0100

Assessed Value (2025)
$240,250

Property Details

Beds
3
Baths
1
Living Sqft
1,605
Year Built
1966
Lot Sqft
8,738
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$32,500
1977-08-01
2
$83,000+155%
1997-01-01
3
$105,000+27%
2001-04-01

Tax Assessment History

$240,250
Assessed (2025)
$437,912
Market Value
$189,528
Taxable Value
$3,859
Annual Tax
2024
$233,480
$439,486
2025
$240,250
$437,912
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $240,250 $437,912 $189,528 $3,859
2024 $233,480 $439,486 $183,480 $3,736

About 9981 BAHAMA DR, Cutler Bay, FL 33189

9981 BAHAMA DR, Cutler Bay, FL 33189 is a 3-bedroom, 1-bathroom residential - single family : 1 unit built in 1966 with 1,605 square feet of living space on a 8,738 square foot lot. The property is currently owned by BETTY DEL SOCORRO COLON, 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 2001-04-01 for $105,000. The property has appreciated $22,000 (27%) since the prior sale of $83,000 on 1997-01-01. There are 3 recorded sales for this property.

The 2025 assessed value is $240,250 with a market value of $437,912. This breaks down to $254,820 for the land and $183,092 for the building. The assessed value increased 3% from $233,480 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 $76,136, and the median home value is $396,300. The population density is 4,818 people per square mile. 9981 BAHAMA DR, Cutler Bay, FL 33189 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 1977 to 2001, with 3 recorded transactions in the public record. The current assessed value represents 229% 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 $65 per square foot — a key metric for comparing value across Cutler Bay's real estate market..

Current Owner

BETTY DEL SOCORRO COLON
9981 BAHAMA DR, PALMETTO BAY, FL, 33189-1569
Since: 2026-04-19
View owner profile →

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$3,283 — $6,085
Flood $400 — $800
Property/Wind $2,883 — $5,285

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$76,136
Median Home Value$396,300
Pop. Density4,818/sq mi

Neighborhood 33189

59%
Owner-Occ
41%
Investor
77
Flips (4yr)
1,212
New Biz (3yr)
Distress Risk
MODERATE
31
View full risk analysis →
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