10040 MONTEGO BAY DR, Cutler Bay, FL 33189

Parcel: 3660080060330 · Residential - Single Family · 1 Unit · Zoning: 0100

Assessed Value (2025)
$350,524

Property Details

Beds
4
Baths
2.5
Living Sqft
1,750
Year Built
1957
Lot Sqft
8,933
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$63,500
2018-04-16
JEANNE M ALLEN JEANNE MARIE MCCORMICK
2
$125,000+97%
2020-03-10
JEANNE MARIE MCCORMICKJEANNE MARIE MCCORMICK
3
$316,000+153%
2020-09-28
JEANNE MARIE MCCORMICK FRANK ALEXANDER SERRANO SANTOS

Tax Assessment History

$350,524
Assessed (2025)
$512,785
Market Value
$299,802
Taxable Value
$6,104
Annual Tax
2024
$291,098
$459,652
2025
$350,524
$512,785
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $350,524 $512,785 $299,802 $6,104
2024 $291,098 $459,652 $241,098 $4,909

About 10040 MONTEGO BAY DR, Cutler Bay, FL 33189

10040 MONTEGO BAY DR, Cutler Bay, FL 33189 is a 4-bedroom, 2.5-bathroom residential - single family : 1 unit built in 1957 with 1,750 square feet of living space on a 8,933 square foot lot. The property is currently owned by FRANK ALEXANDER SERRANO SANTOS YARLEN CARRALERO CANSINO, 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 2020-09-28 for $316,000, when JEANNE MARIE MCCORMICK sold to FRANK ALEXANDER SERRANO SANTOS . The property has appreciated $191,000 (153%) since the prior sale of $125,000 on 2020-03-10. There are 3 recorded sales for this property.

The 2025 assessed value is $350,524 with a market value of $512,785. This breaks down to $257,745 for the land and $255,040 for the building. The assessed value increased 20% from $291,098 in 2024.

The property has the following tax exemptions: homestead. This property is located in FEMA Flood Zone X, which indicates minimal flood risk. Flood insurance is typically not required for properties in Zone X.

The median household income in this area is $76,722, and the median home value is $410,100. The population density is 7,642 people per square mile. 10040 MONTEGO BAY DR, Cutler Bay, FL 33189 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 2018 to 2020, with 3 recorded transactions in the public record. The current assessed value represents 111% of the most recent sale price.

Based on the most recent sale, this property traded at $181 per square foot — a key metric for comparing value across Cutler Bay's real estate market..

Current Owner

FRANK ALEXANDER SERRANO SANTOS YARLEN CARRALERO CANSINO
10040 MONTEGO BAY DR, CUTLER BAY, FL, 33189
Since: 2026-04-19
View owner profile →

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$4,606 — $8,511
Flood $400 — $800
Property/Wind $4,206 — $7,711

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$76,722
Median Home Value$410,100
Pop. Density7,642/sq mi

Neighborhood 10040

100%
Owner-Occ
0%
Investor
10
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
33
View full risk analysis →
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