18422 SW 87 PL, Cutler Bay, FL 33157

18422 SW 87 PL, Cutler Bay, FL 33157 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1977 with 2,408 square feet of living space on a 15,246 square foot lot. The property is currently owned by PRIMO FINANCIAL GROUP LLC, recorded as of 2026-06-14. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2026-04-15 for $625,000, when EULA M SANDERS LE sold to PRIMO FINANCIAL GROUP LLC. There are 4 recorded sales for this property. The 2025 assessed value is $192,863 with a market value of $617,285.

This breaks down to $347,829 for the land and $269,456 for the building. The assessed value increased 3% from $187,428 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. 18422 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 1978 to 2026, with 4 recorded transactions in the public record. The current assessed value represents 31% 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 $260 per square foot — a key metric for comparing value across Cutler Bay's real estate market..