9931 SW 198 ST, Cutler Bay, FL 33157

9931 SW 198 ST, Cutler Bay, FL 33157 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1993 with 1,900 square feet of living space on a 7,500 square foot lot. The property is currently owned by RUSSELL LEONARD &W THEA, 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 1985-07-01 for $53,900. The 2025 assessed value is $144,047 with a market value of $425,340. This breaks down to $225,000 for the land and $200,340 for the building.

The assessed value increased 3% from $139,988 in 2024. The property has the following tax exemptions: homestead. This property is located in FEMA Flood Zone AH, indicating shallow flooding areas with ponding potential.

Flood insurance is typically required. 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.

9931 SW 198 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 current assessed value represents 267% 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 $28 per square foot — a key metric for comparing value across Cutler Bay's real estate market..