8975 SW 199 ST, Cutler Bay, FL 33157

Parcel: 3660040141490 · Residential - Single Family · 1 Unit · Zoning: 0100

Assessed Value (2025)
$490,412

Property Details

Beds
3
Baths
2
Living Sqft
1,734
Year Built
1961
Lot Sqft
7,950
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$20,000
1992-12-01
2
N/Anon-market transfer
2001-09-01
3
$535,000
2022-10-03
JOSE IZQUIERDO &W ANNETTEOSVALDO MADRUGA JR
4
$535,000
2022-10-05

Tax Assessment History

$490,412
Assessed (2025)
$490,412
Market Value
$434,690
Taxable Value
$8,850
Annual Tax
2024
$482,232
$493,735
2025
$490,412
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $490,412 $490,412 $434,690 $8,850
2024 $482,232 $493,735 $432,232 $8,800

About 8975 SW 199 ST, Cutler Bay, FL 33157

8975 SW 199 ST, Cutler Bay, FL 33157 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1961 with 1,734 square feet of living space on a 7,950 square foot lot. The property is currently owned by OSVALDO MADRUGA JR FLORENCIA MICAELA CARRERA, 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 2022-10-05 for $535,000. There are 4 recorded sales for this property. The 2025 assessed value is $490,412 with a market value of $490,412.

This breaks down to $238,500 for the land and $251,912 for the building. The assessed value increased 2% from $482,232 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 $410,459 recorded against this property. 8975 SW 199 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 1992 to 2022, with 4 recorded transactions in the public record. The current assessed value represents 92% of the most recent sale price.

Based on the most recent sale, this property traded at $309 per square foot — a key metric for comparing value across Cutler Bay's real estate market..

Current Owner

OSVALDO MADRUGA JR FLORENCIA MICAELA CARRERA
8975 SW 199 ST, CUTLER BAY, FL, 33157
Since: 2026-04-19
View owner profile →

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$6,284 — $11,589
Flood $400 — $800
Property/Wind $5,884 — $10,789

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 →

Mortgages

ACTIVE
$428,000
~$410,459 bal.
BLUE HARBOR LENDING LLC · 2022-10-05
Est. Total Balance $410,459
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
Zoom in to see property sales