18550 SW 88 RD, Cutler Bay, FL 33157

18550 SW 88 RD, Cutler Bay, FL 33157 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1978 with 1,705 square feet of living space on a 14,810 square foot lot. The property is currently owned by MATTHEW T ALVAREZ BIBIANA ALVAREZ, 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 2019-02-05 for $422,000, when BEATRIZ E GONZALEZ sold to MATTHEW T ALVAREZ. The property has appreciated $173,000 (69%) since the prior sale of $249,000 on 2013-05-17. There are 3 recorded sales for this property.

The 2025 assessed value is $344,888 with a market value of $625,737. This breaks down to $340,630 for the land and $285,107 for the building. The assessed value increased 3% from $335,169 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. 18550 SW 88 RD, 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 2009 to 2019, with 3 recorded transactions in the public record. The current assessed value represents 82% of the most recent sale price.

Based on the most recent sale, this property traded at $248 per square foot — a key metric for comparing value across Cutler Bay's real estate market..