9020 SW 197 TER, Cutler Bay, FL 33157

Parcel: 3660040131300 · Residential - Single Family · 1 Unit · Zoning: 0100

Assessed Value (2025)
$121,777

Property Details

Beds
3
Baths
2
Living Sqft
1,334
Year Built
1960
Lot Sqft
9,000
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$71,000
1981-10-01
2
$74,300+5%
1983-08-01
3
$69,500-6%
1986-02-01

Tax Assessment History

$121,777
Assessed (2025)
$418,940
Market Value
$16,055
Taxable Value
$327
Annual Tax
2024
$118,345
$420,215
2025
$121,777
$418,940
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $121,777 $418,940 $16,055 $327
2024 $118,345 $420,215 $63,345 $1,290

About 9020 SW 197 TER, Cutler Bay, FL 33157

9020 SW 197 TER, Cutler Bay, FL 33157 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1960 with 1,334 square feet of living space on a 9,000 square foot lot. The property is currently owned by RAYMOND ROBERTS, 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 1986-02-01 for $69,500. The property sold for $4,800 less than the prior sale of $74,300 on 1983-08-01. There are 3 recorded sales for this property.

The 2025 assessed value is $121,777 with a market value of $418,940. This breaks down to $258,750 for the land and $160,190 for the building. The assessed value increased 3% from $118,345 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. 9020 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 1981 to 1986, with 3 recorded transactions in the public record. The current assessed value represents 175% 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 $52 per square foot — a key metric for comparing value across Cutler Bay's real estate market..

Current Owner

RAYMOND ROBERTS
9020 SW 197 TERR, MIAMI, FL, 33157-8909
Since: 2026-04-19
View owner profile →

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$1,900 — $3,800
Flood $400 — $800
Property/Wind $1,500 — $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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