8963 CARIBBEAN BLVD, Cutler Bay, FL 33157

Parcel: 3660040071260 · Residential - Single Family · 1 Unit · Zoning: 0100

Assessed Value (2025)
$354,152

Property Details

Beds
3
Baths
2
Living Sqft
1,566
Year Built
1958
Lot Sqft
8,887
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$39,000
1977-04-01
2
$39,100+0%
1978-03-01
3
$67,000+71%
1986-08-01

Tax Assessment History

$354,152
Assessed (2025)
$420,209
Market Value
$354,152
Taxable Value
$7,210
Annual Tax
2024
$321,957
$421,533
2025
$354,152
$420,209
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $354,152 $420,209 $354,152 $7,210
2024 $321,957 $421,533 $321,957 $6,555

About 8963 CARIBBEAN BLVD, Cutler Bay, FL 33157

8963 CARIBBEAN BLVD, Cutler Bay, FL 33157 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1958 with 1,566 square feet of living space on a 8,887 square foot lot. The property is currently owned by ARTURO MONSANTE, recorded as of 2026-04-19. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 1986-08-01 for $67,000. The property has appreciated $27,900 (71%) since the prior sale of $39,100 on 1978-03-01. There are 3 recorded sales for this property.

The 2025 assessed value is $354,152 with a market value of $420,209. This breaks down to $257,057 for the land and $163,152 for the building. The assessed value increased 10% from $321,957 in 2024.

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

The population density is 4,679 people per square mile. 8963 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 1977 to 1986, with 3 recorded transactions in the public record. The current assessed value represents 529% 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 $43 per square foot — a key metric for comparing value across Cutler Bay's real estate market..

Building Permits (2)

Permit #TypeStatusCost
C1995023053 plumbing expired $180
S1994194230 electrical expired

Current Owner

ARTURO MONSANTE
8565 SW 137 AVE, MIAMI, FL, 33183-4075
Since: 2026-04-19
View owner profile →

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$4,649 — $8,591
Flood $400 — $800
Property/Wind $4,249 — $7,791

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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