9840 SW 197 ST, Cutler Bay, FL 33157

9840 SW 197 ST, Cutler Bay, FL 33157 is a 3-bedroom, 1-bathroom residential - single family : 1 unit built in 1960 with 1,513 square feet of living space on a 8,500 square foot lot. The property is currently owned by ESTHER L OLIVA, recorded as of 2026-04-19. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2009-06-18 for $50,000, when AURORA LOAN SERV LLC sold to ESTHER L OLIVA. The property has appreciated $49,900 (49900%) since the prior sale of $100 on 2009-02-12. There are 3 recorded sales for this property.

The 2025 assessed value is $162,853 with a market value of $455,050. This breaks down to $251,251 for the land and $203,799 for the building. The assessed value increased 3% from $158,264 in 2024.

The property has the following tax exemptions: homestead. This property is located in FEMA Flood Zone X, which indicates minimal flood risk. Flood insurance is typically not required for properties in Zone X.

The median household income in this area is $76,136, and the median home value is $396,300. The population density is 4,818 people per square mile. 9840 SW 197 ST, 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 2007 to 2009, with 3 recorded transactions in the public record. The current assessed value represents 326% 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 $33 per square foot — a key metric for comparing value across Cutler Bay's real estate market..