19470 SW 87 AVE, Cutler Bay, FL 33157

Parcel: 3660040240040 · Residential - Single Family · 1 Unit · Zoning: 0100

Assessed Value (2025)
$80,027

Property Details

Beds
3
Baths
2
Living Sqft
1,548
Year Built
1971
Lot Sqft
7,575
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$295,000
2005-06-01
2
N/Anon-market transfer
2006-12-01
3
$183,750
2007-12-01

Tax Assessment History

$80,027
Assessed (2025)
$241,512
Market Value
$24,305
Taxable Value
$495
Annual Tax
2024
$77,772
$241,680
2025
$80,027
$241,512
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $80,027 $241,512 $24,305 $495
2024 $77,772 $241,680 $22,772 $464

About 19470 SW 87 AVE, Cutler Bay, FL 33157

19470 SW 87 AVE, Cutler Bay, FL 33157 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1971 with 1,548 square feet of living space on a 7,575 square foot lot. The property is currently owned by SONIA J MELGAR, 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 2007-12-01 for $183,750. There are 3 recorded sales for this property. The 2025 assessed value is $80,027 with a market value of $241,512.

This breaks down to $227,250 for the land and $14,262 for the building. The assessed value increased 3% from $77,772 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. 19470 SW 87 AVE, 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 2005 to 2007, with 3 recorded transactions in the public record. The current assessed value represents 44% of the most recent sale price. This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase.

Based on the most recent sale, this property traded at $119 per square foot — a key metric for comparing value across Cutler Bay's real estate market..

Current Owner

SONIA J MELGAR
19470 SW 87 AVE, CUTLER BAY, FL, 33157
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 19470

100%
Owner-Occ
0%
Investor
0
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
24
View full risk analysis →
Zoom in to see property sales