8014 SW 198 TER, Cutler Bay, FL 33189

Parcel: 3660100070010 · Residential - Single Family · 1 Unit · Zoning: 0100

Assessed Value (2025)
$415,200

Property Details

Beds
3
Baths
2
Living Sqft
3,088
Year Built
1979
Lot Sqft
10,536
Stories
2
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$1non-market transfer
1978-01-01
2
$75,200
1979-04-01
3
$116,800+55%
2015-08-20
HECTOR MERLY &W ELISA JAMIE FAJARDO FUSCHICH

Tax Assessment History

$415,200
Assessed (2025)
$624,410
Market Value
$364,478
Taxable Value
$7,420
Annual Tax
2024
$403,499
$645,508
2025
$415,200
$624,410
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $415,200 $624,410 $364,478 $7,420
2024 $403,499 $645,508 $353,499 $7,197

About 8014 SW 198 TER, Cutler Bay, FL 33189

8014 SW 198 TER, Cutler Bay, FL 33189 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1979 with 3,088 square feet of living space on a 10,536 square foot lot. The property is currently owned by JAMIE FAJARDO FUSCHICH BIANCA M FAJARDO, 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 2015-08-20 for $116,800, when HECTOR MERLY &W ELISA sold to JAMIE FAJARDO FUSCHICH . The property has appreciated $41,600 (55%) since the prior sale of $75,200 on 1979-04-01. There are 3 recorded sales for this property.

The 2025 assessed value is $415,200 with a market value of $624,410. This breaks down to $288,090 for the land and $336,320 for the building. The assessed value increased 3% from $403,499 in 2024.

The property has the following tax exemptions: homestead. The median household income in this area is $108,165, and the median home value is $575,000. The population density is 3,712 people per square mile.

There are active mortgage liens totaling $282,511 recorded against this property. 8014 SW 198 TER, 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 1978 to 2015, with 3 recorded transactions in the public record. The current assessed value represents 355% 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 $38 per square foot — a key metric for comparing value across Cutler Bay's real estate market..

Current Owner

JAMIE FAJARDO FUSCHICH BIANCA M FAJARDO
8014 SW 198 TER, CUTLER BAY, FL, 33189
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$4,552 — $8,273
Flood $400 — $800
Property/Wind $4,152 — $7,473

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$108,165
Median Home Value$575,000
Pop. Density3,712/sq mi

Neighborhood 33189

59%
Owner-Occ
41%
Investor
77
Flips (4yr)
1,212
New Biz (3yr)
Distress Risk
MODERATE
31
View full risk analysis →

Mortgages

ACTIVE
$300,000
~$282,511 bal.
KS STATEBANK · 2021-06-28
Est. Total Balance $282,511
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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