10400 SW 198 ST, Cutler Bay, FL 33157

Parcel: 3660050070480 · Residential - Single Family · 1 Unit · Zoning: 0100

Assessed Value (2025)
$403,484

Property Details

Beds
4
Baths
2
Living Sqft
2,074
Year Built
1964
Lot Sqft
9,375
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$307,000
2007-07-01
2
$80,000-74%
2012-04-20
ALEXANDER V VELAZQUEZTAINO HERMES AS TRUSTEE CORP
3
$91,500+14%
2012-08-31
TAINO HERMES AS TRUSTEE CORPLIMA & ESTACO INVESTMENT LLC

Tax Assessment History

$403,484
Assessed (2025)
$485,989
Market Value
$403,484
Taxable Value
$8,215
Annual Tax
2024
$366,804
$486,185
2025
$403,484
$485,989
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $403,484 $485,989 $403,484 $8,215
2024 $366,804 $486,185 $366,804 $7,468

About 10400 SW 198 ST, Cutler Bay, FL 33157

10400 SW 198 ST, Cutler Bay, FL 33157 is a 4-bedroom, 2-bathroom residential - single family : 1 unit built in 1964 with 2,074 square feet of living space on a 9,375 square foot lot. The property is currently owned by LIMA & ESTACO INVESTMENT LLC, 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 2012-08-31 for $91,500, when TAINO HERMES AS TRUSTEE CORP sold to LIMA & ESTACO INVESTMENT LLC. The property has appreciated $11,500 (14%) since the prior sale of $80,000 on 2012-04-20. There are 3 recorded sales for this property.

The 2025 assessed value is $403,484 with a market value of $485,989. This breaks down to $273,188 for the land and $212,801 for the building. The assessed value increased 10% from $366,804 in 2024.

The median household income in this area is $74,883, and the median home value is $392,200. The population density is 5,086 people per square mile. 10400 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 complete ownership history of this property spans from 2007 to 2012, with 3 recorded transactions in the public record. The current assessed value represents 441% 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 $44 per square foot — a key metric for comparing value across Cutler Bay's real estate market..

Current Owner

LIMA & ESTACO INVESTMENT LLC
16201 SW 169 AVE, MIAMI, FL, 33187
Since: 2026-04-19
View owner profile →

People Behind This Entity

Registered Agent: ULISES G 18700 SW 90 A
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Est. Annual Insurance

$5,241 — $9,676
Flood $400 — $800
Property/Wind $4,841 — $8,876

Estimate based on FEMA flood zone, property value, and year built. Actual premiums vary based on elevation, mitigation features, roof condition, and insurer. Not a quote.

Neighborhood

Median Income$74,883
Median Home Value$392,200
Pop. Density5,086/sq mi

Neighborhood 10400

100%
Owner-Occ
0%
Investor
2
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
34
View full risk analysis →
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