8701 SW 193 TER, Cutler Bay, FL 33157

Parcel: 3660040091390 · Residential - Single Family · 1 Unit · Zoning: 2100

Assessed Value (2025)
$218,250

Property Details

Beds
4
Baths
2
Living Sqft
1,618
Year Built
1987
Lot Sqft
14,700
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$28,000
1987-10-01
2
$109,200+290%
1988-10-01

Tax Assessment History

$218,250
Assessed (2025)
$580,244
Market Value
$167,528
Taxable Value
$3,411
Annual Tax
2024
$212,100
$582,068
2025
$218,250
$580,244
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $218,250 $580,244 $167,528 $3,411
2024 $212,100 $582,068 $162,100 $3,300

About 8701 SW 193 TER, Cutler Bay, FL 33157

8701 SW 193 TER, Cutler Bay, FL 33157 is a 4-bedroom, 2-bathroom residential - single family : 1 unit built in 1987 with 1,618 square feet of living space on a 14,700 square foot lot. The property is currently owned by FRANK DISPENZA &W PRUDENCE, 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 1988-10-01 for $109,200. The property has appreciated $81,200 (290%) since the prior sale of $28,000 on 1987-10-01. The 2025 assessed value is $218,250 with a market value of $580,244.

This breaks down to $338,100 for the land and $242,144 for the building. The assessed value increased 3% from $212,100 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. 8701 SW 193 TER, 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 1987 to 1988, with 2 recorded transactions in the public record. The current assessed value represents 200% 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 $67 per square foot — a key metric for comparing value across Cutler Bay's real estate market..

Current Owner

FRANK DISPENZA &W PRUDENCE
8701 SW 193 TERR, MIAMI, FL, 33157-8958
Since: 2026-04-19
View owner profile →

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$2,582 — $4,728
Flood $400 — $800
Property/Wind $2,182 — $3,928

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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