9845 SW 196 ST, Cutler Bay, FL 33157

9845 SW 196 ST, Cutler Bay, FL 33157 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1967 with 1,471 square feet of living space on a 8,800 square foot lot. The property is currently owned by AMADO PALACIOS LOURDES PALACIOS, 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 2012-11-26 for $25,300, when ROBERTO PALACIOS JTRS sold to AMADO PALACIOS. The property sold for $104,700 less than the prior sale of $130,000 on 2009-12-11. There are 3 recorded sales for this property.

The 2025 assessed value is $150,419 with a market value of $431,485. This breaks down to $255,750 for the land and $175,735 for the building. The assessed value increased 3% from $146,180 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. 9845 SW 196 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 2006 to 2012, with 3 recorded transactions in the public record. The current assessed value represents 595% 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 $17 per square foot — a key metric for comparing value across Cutler Bay's real estate market..