9510 SW 188 TER, Cutler Bay, FL 33157

Parcel: 3660040150350 · Residential - Single Family · 1 Unit · Zoning: 0100

Assessed Value (2025)
$126,471

Property Details

Beds
3
Baths
2
Living Sqft
1,944
Year Built
1968
Lot Sqft
8,625
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$81,000
1982-08-01
2
$72,000-11%
1986-05-01

Tax Assessment History

$126,471
Assessed (2025)
$478,055
Market Value
$70,749
Taxable Value
$1,440
Annual Tax
2024
$122,907
$479,746
2025
$126,471
$478,055
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $126,471 $478,055 $70,749 $1,440
2024 $122,907 $479,746 $67,907 $1,383

About 9510 SW 188 TER, Cutler Bay, FL 33157

9510 SW 188 TER, Cutler Bay, FL 33157 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1968 with 1,944 square feet of living space on a 8,625 square foot lot. The property is currently owned by TERRY W SPRING, 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 1986-05-01 for $72,000. The property sold for $9,000 less than the prior sale of $81,000 on 1982-08-01. The 2025 assessed value is $126,471 with a market value of $478,055.

This breaks down to $253,125 for the land and $224,930 for the building. The assessed value increased 3% from $122,907 in 2024. The property has the following tax exemptions: homestead.

This property is located in FEMA Flood Zone AE, a Special Flood Hazard Area with a 1% annual chance of flooding (100-year floodplain). Flood insurance is typically required by lenders for properties in this zone. 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. 9510 SW 188 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 1982 to 1986, with 2 recorded transactions in the public record. The current assessed value represents 176% 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 $37 per square foot — a key metric for comparing value across Cutler Bay's real estate market..

Current Owner

TERRY W SPRING
9510 SW 188 TERR, MIAMI, FL, 33157-7804
Since: 2026-04-19
View owner profile →

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$1,917 — $3,800
Flood $400 — $800
Property/Wind $1,517 — $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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