9031 SW 187 TER, Cutler Bay, FL 33157

Parcel: 3660040200620 · Residential - Single Family · 1 Unit · Zoning: 0100

Assessed Value (2025)
$460,115

Property Details

Beds
3
Baths
2
Living Sqft
1,953
Year Built
1969
Lot Sqft
11,200
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$108,000
1994-03-01
2
$135,000+25%
2000-04-01
3
$299,000+121%
2005-04-01

Tax Assessment History

$460,115
Assessed (2025)
$523,289
Market Value
$0
Taxable Value
2024
$418,287
$525,092
2025
$460,115
$523,289
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $460,115 $523,289 $0
2024 $418,287 $525,092 $0

About 9031 SW 187 TER, Cutler Bay, FL 33157

9031 SW 187 TER, Cutler Bay, FL 33157 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1969 with 1,953 square feet of living space on a 11,200 square foot lot. The property is currently owned by REGIONAL PROPERTIES INC, recorded as of 2026-04-19. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2005-04-01 for $299,000. The property has appreciated $164,000 (121%) since the prior sale of $135,000 on 2000-04-01. There are 3 recorded sales for this property.

The 2025 assessed value is $460,115 with a market value of $523,289. This breaks down to $291,750 for the land and $231,539 for the building. The assessed value increased 10% from $418,287 in 2024.

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. 9031 SW 187 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 1994 to 2005, with 3 recorded transactions in the public record. The current assessed value represents 154% 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 $153 per square foot — a key metric for comparing value across Cutler Bay's real estate market..

Current Owner

REGIONAL PROPERTIES INC
9040 SUNSET DR, MIAMI, FL, 33173-3432
Since: 2026-04-19
View owner profile →

People Behind This Entity

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$5,921 — $10,922
Flood $400 — $800
Property/Wind $5,521 — $10,122

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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