18463 SW 87 PL, Cutler Bay, FL 33157

Parcel: 3660040300390 · Residential - Single Family · 1 Unit · Zoning: 2100

Assessed Value (2025)
$193,529

Property Details

Beds
3
Baths
2
Living Sqft
1,553
Year Built
1977
Lot Sqft
15,246
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$111,000
1987-05-01
2
$115,000+4%
1992-04-01
3
$100non-market transfer
2020-12-11
MARSHALL S SMITH &W ROXANE LEEROXANE SMITH TRS

Tax Assessment History

$193,529
Assessed (2025)
$587,883
Market Value
$142,807
Taxable Value
$2,907
Annual Tax
2024
$188,075
$589,665
2025
$193,529
$587,883
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $193,529 $587,883 $142,807 $2,907
2024 $188,075 $589,665 $138,075 $2,811

About 18463 SW 87 PL, Cutler Bay, FL 33157

18463 SW 87 PL, Cutler Bay, FL 33157 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1977 with 1,553 square feet of living space on a 15,246 square foot lot. The property is currently owned by ROXANE SMITH TRS THE SMITH FAMILY TRUST, 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 2020-12-11 for $100, when MARSHALL S SMITH &W ROXANE LEE sold to ROXANE SMITH TRS. The property sold for $114,900 less than the prior sale of $115,000 on 1992-04-01. There are 3 recorded sales for this property.

The 2025 assessed value is $193,529 with a market value of $587,883. This breaks down to $347,829 for the land and $240,054 for the building. The assessed value increased 3% from $188,075 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. 18463 SW 87 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 1987 to 2020, with 3 recorded transactions in the public record..

Current Owner

ROXANE SMITH TRS THE SMITH FAMILY TRUST
18463 SW 87 PL, CUTLER BAY, FL, 33157
Since: 2026-04-19
View owner profile →

People Behind This Entity

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$2,335 — $4,283
Flood $400 — $800
Property/Wind $1,935 — $3,483

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 18463

100%
Owner-Occ
0%
Investor
0
Flips (4yr)
0
New Biz (3yr)
Distress Risk
LOW
10
View full risk analysis →
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