18543 SW 89 PL, Cutler Bay, FL 33157

18543 SW 89 PL, Cutler Bay, FL 33157 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1972 with 1,969 square feet of living space on a 7,500 square foot lot. The property is currently owned by MARLENE E SHULMAN TRS MARLENE E SHULMAN REV TR, 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 2016-11-03 for $375,000, when EVAN BROOKS sold to MARLENE E SHULMAN TRS. The property has appreciated $46,000 (14%) since the prior sale of $329,000 on 2014-06-21. There are 3 recorded sales for this property.

The 2025 assessed value is $186,585 with a market value of $528,500. This breaks down to $225,000 for the land and $303,500 for the building. The assessed value increased 3% from $181,327 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. 18543 SW 89 PL, 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 1996 to 2016, with 3 recorded transactions in the public record. The current assessed value represents 50% 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 $190 per square foot — a key metric for comparing value across Cutler Bay's real estate market..