8700 SW 186 ST, Cutler Bay, FL 33157

Parcel: 3660040070200 · Residential - Single Family · 1 Unit · Zoning: 2100

Assessed Value (2025)
$616,026

Property Details

Beds
4
Baths
3
Living Sqft
2,411
Year Built
1994
Lot Sqft
15,015
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$335,100
2015-07-28
RUBEN F PEREZMARA R PEREZ
2
$100non-market transfer
2018-04-11
RUBEN F PEREZ &W ROSA MIRO PEREZRUBEN F PEREZ & ROSA MIRO PEREZ
3
$480,000
2021-06-02
RUBEN F PEREZ JTRSNORAIDA MUGICA

Tax Assessment History

$616,026
Assessed (2025)
$616,026
Market Value
$616,026
Taxable Value
$12,542
Annual Tax
2024
$560,336
$619,275
2025
$616,026
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $616,026 $616,026 $616,026 $12,542
2024 $560,336 $619,275 $560,336 $11,408

About 8700 SW 186 ST, Cutler Bay, FL 33157

8700 SW 186 ST, Cutler Bay, FL 33157 is a 4-bedroom, 3-bathroom residential - single family : 1 unit built in 1994 with 2,411 square feet of living space on a 15,015 square foot lot. The property is currently owned by NORAIDA MUGICA FERNANDO MARTINEZ MESA, 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 2021-06-02 for $480,000, when RUBEN F PEREZ JTRS sold to NORAIDA MUGICA. The property has appreciated $479,900 (479900%) since the prior sale of $100 on 2018-04-11. There are 3 recorded sales for this property.

The 2025 assessed value is $616,026 with a market value of $616,026. This breaks down to $345,172 for the land and $270,854 for the building. The assessed value increased 10% from $560,336 in 2024.

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 $123,167, and the median home value is $467,200.

The population density is 4,679 people per square mile. 8700 SW 186 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 2015 to 2021, with 3 recorded transactions in the public record. The current assessed value represents 128% 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 $199 per square foot — a key metric for comparing value across Cutler Bay's real estate market..

Building Permits (1)

Permit #TypeStatusCost
C1993324492 plumbing expired

Current Owner

NORAIDA MUGICA FERNANDO MARTINEZ MESA
8700 SW 186 ST, MIAMI, FL, 33157
Since: 2026-04-19
View owner profile →

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$5,328 — $9,424
Flood $400 — $800
Property/Wind $4,928 — $8,624

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$123,167
Median Home Value$467,200
Pop. Density4,679/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 →
Zoom in to see property sales