8751 SW 188 ST, Cutler Bay, FL 33157

Parcel: 3660040072090 · Residential - Single Family · 1 Unit · Zoning: 0100

Assessed Value (2025)
$127,714

Property Details

Beds
3
Baths
2
Living Sqft
1,504
Year Built
1960
Lot Sqft
10,144
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$43,233
1975-10-01
2
$87,000+101%
1989-09-01

Tax Assessment History

$127,714
Assessed (2025)
$430,487
Market Value
$76,992
Taxable Value
$1,567
Annual Tax
2024
$124,115
$430,554
2025
$127,714
$430,487
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $127,714 $430,487 $76,992 $1,567
2024 $124,115 $430,554 $74,115 $1,509

About 8751 SW 188 ST, Cutler Bay, FL 33157

8751 SW 188 ST, Cutler Bay, FL 33157 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1960 with 1,504 square feet of living space on a 10,144 square foot lot. The property is currently owned by R EDWARD KOWALLIS &W MICHELLE G, 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 1989-09-01 for $87,000. The property has appreciated $43,767 (101%) since the prior sale of $43,233 on 1975-10-01. The 2025 assessed value is $127,714 with a market value of $430,487.

This breaks down to $275,910 for the land and $154,577 for the building. The assessed value increased 3% from $124,115 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. 8751 SW 188 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 1975 to 1989, with 2 recorded transactions in the public record. The current assessed value represents 147% 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 $58 per square foot — a key metric for comparing value across Cutler Bay's real estate market..

Current Owner

R EDWARD KOWALLIS &W MICHELLE G
8751 SW 188 ST, MIAMI, FL, 33157-7139
Since: 2026-04-19
View owner profile →

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$1,932 — $3,800
Flood $400 — $800
Property/Wind $1,532 — $3,000

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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