8761 CARIBBEAN BLVD, Cutler Bay, FL 33157

Parcel: 3660040070260 · Residential - Single Family · 1 Unit · Zoning: 2100

Assessed Value (2025)
$158,235

Property Details

Beds
3
Baths
2
Living Sqft
1,464
Year Built
1960
Lot Sqft
15,371
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
N/Anon-market transfer
1990-05-01
2
$70,000
1993-03-01

Tax Assessment History

$158,235
Assessed (2025)
$547,895
Market Value
$57,513
Taxable Value
$1,171
Annual Tax
2024
$153,776
$549,552
2025
$158,235
$547,895
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $158,235 $547,895 $57,513 $1,171
2024 $153,776 $549,552 $53,776 $1,095

About 8761 CARIBBEAN BLVD, Cutler Bay, FL 33157

8761 CARIBBEAN BLVD, Cutler Bay, FL 33157 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1960 with 1,464 square feet of living space on a 15,371 square foot lot. The property is currently owned by PAUL MARTINSON & E A MARTINSON, 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 1993-03-01 for $70,000. The 2025 assessed value is $158,235 with a market value of $547,895. This breaks down to $349,267 for the land and $198,628 for the building.

The assessed value increased 3% from $153,776 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 $123,167, and the median home value is $467,200. The population density is 4,679 people per square mile.

8761 CARIBBEAN BLVD, 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 1990 to 1993, with 2 recorded transactions in the public record.

The current assessed value represents 226% 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 $48 per square foot — a key metric for comparing value across Cutler Bay's real estate market..

Current Owner

PAUL MARTINSON & E A MARTINSON
8761 CARIBBEAN BLVD, MIAMI, FL, 33157-7129
Since: 2026-04-19
View owner profile →

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$2,298 — $4,281
Flood $400 — $800
Property/Wind $1,898 — $3,481

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 →
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