8124 SW 199 TER, Cutler Bay, FL 33189

Parcel: 3660100070430 · Residential - Single Family · 1 Unit · Zoning: 0100

Assessed Value (2025)
$241,757

Property Details

Beds
3
Baths
2
Living Sqft
1,840
Year Built
1974
Lot Sqft
18,604
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$100,000
1993-08-01
2
$150,000+50%
1994-12-01
3
$200,000+33%
1999-08-01

Tax Assessment History

$241,757
Assessed (2025)
$663,091
Market Value
$191,035
Taxable Value
$3,889
Annual Tax
2024
$233,567
$673,123
2025
$241,757
$663,091
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $241,757 $663,091 $191,035 $3,889
2024 $233,567 $673,123 $183,567 $3,737

About 8124 SW 199 TER, Cutler Bay, FL 33189

8124 SW 199 TER, Cutler Bay, FL 33189 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1974 with 1,840 square feet of living space on a 18,604 square foot lot. The property is currently owned by MAGALY GIL, 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 1999-08-01 for $200,000. The property has appreciated $50,000 (33%) since the prior sale of $150,000 on 1994-12-01. There are 3 recorded sales for this property.

The 2025 assessed value is $241,757 with a market value of $663,091. This breaks down to $407,757 for the land and $255,334 for the building. The assessed value increased 4% from $233,567 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.

8124 SW 199 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 1993 to 1999, with 3 recorded transactions in the public record.

The current assessed value represents 121% 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 $109 per square foot — a key metric for comparing value across Cutler Bay's real estate market..

Current Owner

MAGALY GIL
8124 SW 199 TERR, MIAMI, FL, 33189-2127
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$2,817 — $5,151
Flood $400 — $800
Property/Wind $2,417 — $4,351

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 →
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