10040 SW 197 ST, Cutler Bay, FL 33157

10040 SW 197 ST, Cutler Bay, FL 33157 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1967 with 2,030 square feet of living space on a 9,475 square foot lot. The property is currently owned by ROBERTO RIBAS, 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 1994-01-01 for $93,000. The 2025 assessed value is $178,417 with a market value of $487,815. This breaks down to $254,625 for the land and $233,190 for the building.

The assessed value increased 3% from $173,389 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.

10040 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 current assessed value represents 192% 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 $46 per square foot — a key metric for comparing value across Cutler Bay's real estate market..