8881 SW 198 ST, Cutler Bay, FL 33157
Parcel: 3660040250040 · Residential - Single Family · 1 Unit · Zoning: 0100
Assessed Value (2025)
$140,293
Property Details
Beds
4
Baths
2
Living Sqft
1,442
Year Built
1972
Lot Sqft
7,500
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT
Sales History
1
N/Anon-market transfer
1997-11-01
Tax Assessment History
$140,293
Assessed (2025)
$418,367
Market Value
$0
Taxable Value
2024
$136,340
$419,739
2025
$140,293
$418,367
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $140,293 | $418,367 | $0 | — | $225,000 | $193,367 |
| 2024 | $136,340 | $419,739 | $0 | — | $225,000 | $194,739 |
About 8881 SW 198 ST, Cutler Bay, FL 33157
8881 SW 198 ST, Cutler Bay, FL 33157 is a 4-bedroom, 2-bathroom residential - single family : 1 unit built in 1972 with 1,442 square feet of living space on a 7,500 square foot lot. The property is currently owned by DORIS H PETERSEN TR, recorded as of 2026-04-19. The owner appears to be owner-occupied based on the mailing address matching the property address.
The 2025 assessed value is $140,293 with a market value of $418,367. This breaks down to $225,000 for the land and $193,367 for the building. The assessed value increased 3% from $136,340 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. 8881 SW 198 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..
Current Owner
DORIS H PETERSEN TR
8881 SW 198 ST, MIAMI, FL, 33157-8968
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
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