18445 SW 87 CT, Cutler Bay, FL 33157

Parcel: 3660040300230 · Residential - Single Family · 1 Unit · Zoning: 2100

Assessed Value (2025)
$272,516

Property Details

Beds
3
Baths
2
Living Sqft
1,705
Year Built
1977
Lot Sqft
15,246
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
N/Anon-market transfer
1998-07-01
2
$12,700
2003-03-01
3
$218,300+1619%
2013-04-29
STEPHEN C CLARKLAURA W WILLIAMS

Tax Assessment History

$272,516
Assessed (2025)
$554,535
Market Value
$221,794
Taxable Value
$4,516
Annual Tax
2024
$264,836
$556,216
2025
$272,516
$554,535
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $272,516 $554,535 $221,794 $4,516
2024 $264,836 $556,216 $214,836 $4,374

About 18445 SW 87 CT, Cutler Bay, FL 33157

18445 SW 87 CT, Cutler Bay, FL 33157 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1977 with 1,705 square feet of living space on a 15,246 square foot lot. The property is currently owned by LAURA W WILLIAMS, 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 2013-04-29 for $218,300, when STEPHEN C CLARK sold to LAURA W WILLIAMS. The property has appreciated $205,600 (1619%) since the prior sale of $12,700 on 2003-03-01. There are 3 recorded sales for this property.

The 2025 assessed value is $272,516 with a market value of $554,535. This breaks down to $347,829 for the land and $206,706 for the building. The assessed value increased 3% from $264,836 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. 18445 SW 87 CT, 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 1998 to 2013, with 3 recorded transactions in the public record. The current assessed value represents 125% 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 $128 per square foot — a key metric for comparing value across Cutler Bay's real estate market..

Current Owner

LAURA W WILLIAMS
18445 SW 87 CT, CUTLER BAY, FL, 33157
Since: 2026-04-19
View owner profile →

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$3,125 — $5,705
Flood $400 — $800
Property/Wind $2,725 — $4,905

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 18445

100%
Owner-Occ
0%
Investor
0
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
21
View full risk analysis →
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