7960 SW 198 ST, Cutler Bay, FL 33189
Parcel: 3660100070510 · Residential - Single Family · 1 Unit · Zoning: 0100
Assessed Value (2025)
$473,826
Property Details
Beds
3
Baths
2.5
Living Sqft
2,987
Year Built
1977
Lot Sqft
8,262
Stories
2
RESIDENTIAL - SINGLE FAMILY : 1 UNIT
Sales History
1
$100non-market transfer
2015-04-10
IH2 PROPERTY FLORIDA L P → 2015 2 IH BORROWER L P
2
$100non-market transfer
2015-07-01
IH2 PROPERTY FLORIDA L P → 2015 2 IH2 BORROWER L P
3
$100non-market transfer
2018-05-08
2015 2 IH2 BORROWER L P → 2018 2 IH BORROWER L P
Tax Assessment History
$473,826
Assessed (2025)
$558,421
Market Value
$473,826
Taxable Value
$9,647
Annual Tax
2024
$430,751
$533,531
2025
$473,826
$558,421
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $473,826 | $558,421 | $473,826 | $9,647 | $247,860 | $310,561 |
| 2024 | $430,751 | $533,531 | $430,751 | $8,770 | $247,860 | $285,671 |
About 7960 SW 198 ST, Cutler Bay, FL 33189
7960 SW 198 ST, Cutler Bay, FL 33189 is a 3-bedroom, 2.5-bathroom residential - single family : 1 unit built in 1977 with 2,987 square feet of living space on a 8,262 square foot lot. The property is currently owned by 2018 2 IH BORROWER L P, recorded as of 2026-04-19. The mailing address differs from the property address, suggesting this may be an investment property or rental.
The most recent sale was on 2018-05-08 for $100, when 2015 2 IH2 BORROWER L P sold to 2018 2 IH BORROWER L P. There are 3 recorded sales for this property. The 2025 assessed value is $473,826 with a market value of $558,421.
This breaks down to $247,860 for the land and $310,561 for the building. The assessed value increased 10% from $430,751 in 2024. 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. 7960 SW 198 ST, 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 2015 to 2018, with 3 recorded transactions in the public record..
Current Owner
2018 2 IH BORROWER L P
2525 W FRYE RD STE 300, CHANDLER, AZ, 85224
Since: 2026-04-19
View owner profile →
Est. Annual Insurance
$5,138 — $9,328
Flood $400 — $800
Property/Wind $4,738 — $8,528
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
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