18460 SW 87 AVE, Cutler Bay, FL 33157

Parcel: 3660040300280 · Residential - Single Family · 1 Unit · Zoning: 2100

Assessed Value (2025)
$185,639

Property Details

Beds
3
Baths
2
Living Sqft
2,092
Year Built
1977
Lot Sqft
15,246
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$57,300
1978-07-01
2
$112,000+95%
1991-12-01

Tax Assessment History

$185,639
Assessed (2025)
$620,790
Market Value
$134,917
Taxable Value
$2,747
Annual Tax
2024
$180,408
$622,770
2025
$185,639
$620,790
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $185,639 $620,790 $134,917 $2,747
2024 $180,408 $622,770 $130,408 $2,655

About 18460 SW 87 AVE, Cutler Bay, FL 33157

18460 SW 87 AVE, Cutler Bay, FL 33157 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1977 with 2,092 square feet of living space on a 15,246 square foot lot. The property is currently owned by BRUCE B ORR &W BARBARA F, 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 1991-12-01 for $112,000. The property has appreciated $54,700 (95%) since the prior sale of $57,300 on 1978-07-01. The 2025 assessed value is $185,639 with a market value of $620,790.

This breaks down to $347,829 for the land and $272,961 for the building. The assessed value increased 3% from $180,408 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. 18460 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 1978 to 1991, with 2 recorded transactions in the public record. The current assessed value represents 166% 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 $54 per square foot — a key metric for comparing value across Cutler Bay's real estate market..

Current Owner

BRUCE B ORR &W BARBARA F
18460 SW 87 AVE, MIAMI, FL, 33157-7222
Since: 2026-04-19
View owner profile →

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$2,256 — $4,141
Flood $400 — $800
Property/Wind $1,856 — $3,341

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 18460

100%
Owner-Occ
0%
Investor
0
Flips (4yr)
0
New Biz (3yr)
Distress Risk
LOW
20
View full risk analysis →
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