8920 SW 197 TER, Cutler Bay, FL 33157

8920 SW 197 TER, Cutler Bay, FL 33157 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1960 with 1,632 square feet of living space on a 9,600 square foot lot. The property is currently owned by BRAULIO CORREA JR KARIM CORREA, 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 2015-05-29 for $295,000, when POINT HOLDINGS INC sold to BRAULIO CORRERA JR. The property has appreciated $111,250 (61%) since the prior sale of $183,750 on 2014-08-25. There are 3 recorded sales for this property.

The 2025 assessed value is $268,347 with a market value of $469,205. This breaks down to $267,750 for the land and $201,455 for the building. The assessed value increased 3% from $260,785 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. There are active mortgage liens totaling $59,834 recorded against this property.

8920 SW 197 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 2014 to 2015, with 3 recorded transactions in the public record.

The current assessed value represents 91% of the most recent sale price. Based on the most recent sale, this property traded at $181 per square foot — a key metric for comparing value across Cutler Bay's real estate market..