10041 SW 198 ST, Cutler Bay, FL 33157

10041 SW 198 ST, Cutler Bay, FL 33157 is a 4-bedroom, 3-bathroom residential - single family : 1 unit built in 1967 with 2,272 square feet of living space on a 10,483 square foot lot. The property is currently owned by RAMONA PEREZ VALDEZ, 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 2010-05-06 for $130,000, when FEDERAL HOME LOAN MORTGAGE CORP sold to RAMONA PEREZ VALDEZ. The property has appreciated $129,900 (129900%) since the prior sale of $100 on 2009-10-21. There are 3 recorded sales for this property.

The 2025 assessed value is $183,497 with a market value of $526,761. This breaks down to $269,745 for the land and $257,016 for the building. The assessed value increased 3% from $178,326 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. 10041 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 2009 to 2010, with 3 recorded transactions in the public record. The current assessed value represents 141% 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 $57 per square foot — a key metric for comparing value across Cutler Bay's real estate market..