8865 SW 197 TER, Cutler Bay, FL 33157

8865 SW 197 TER, Cutler Bay, FL 33157 is a 4-bedroom, 2-bathroom residential - single family : 1 unit built in 1972 with 1,437 square feet of living space on a 7,500 square foot lot. The property is currently owned by MICHAEL G NESSER, 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 2009-09-17 for $165,000, when MICHAEL P KIM JR &W LAURA A sold to MICHAEL G NESSER. The property sold for $135,000 less than the prior sale of $300,000 on 2005-08-01. There are 3 recorded sales for this property.

The 2025 assessed value is $179,674 with a market value of $435,822. This breaks down to $225,000 for the land and $210,822 for the building. The assessed value increased 3% from $174,611 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. 8865 SW 197 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 2009, with 3 recorded transactions in the public record. The current assessed value represents 109% of the most recent sale price.

Based on the most recent sale, this property traded at $115 per square foot — a key metric for comparing value across Cutler Bay's real estate market..