18464 SW 87 CT, Cutler Bay, FL 33157

18464 SW 87 CT, Cutler Bay, FL 33157 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1977 with 2,170 square feet of living space on a 15,246 square foot lot. The property is currently owned by JAY A ADAMS &W JOAN, 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 1978-05-01 for $53,800. The 2025 assessed value is $192,680 with a market value of $605,598. This breaks down to $347,829 for the land and $257,769 for the building.

The assessed value increased 3% from $187,250 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.

18464 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 current assessed value represents 358% 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 $25 per square foot — a key metric for comparing value across Cutler Bay's real estate market..