NOT LISTED FOR SALE

7504 SW 188th Terrace Cutler Bay, FL 33157

Estimated Value: $1,030,638 - $1,360,000

5 Beds
4 Baths
4,717 Sq Ft
$250/Sq Ft Est. Value

Last Sold February 03, 2022

Last sale price $800,000 $170 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $8,558/month

85 Days on Market

Highlights

  • Sitting Area In Primary Bedroom
  • Clubhouse
  • Garden View
  • Room in yard for a pool
  • Vaulted Ceiling
  • Mediterranean Architecture

About This Home

As of February 2022

Magnificent Florence Estate in Fabulous gated community of Cutler Cay. One of the most sort after models in Cutler Cay The Florence. This Spectacular home features 5 bedrooms and 4 full bathrooms with the most sort after floor plan. Beautiful kitchen with Monogram SS appliances, granite counter tops, island and breakfast nook. Master Suite with sitting area, built in dual walk in closets, upgraded Jacuzzi roman tub. Enjoy resort style living with all amenities including pool, gym, sauna, tennis and basketball. Ready to move in. A must see.

Last Agent to Sell the Property

Moises Ramos

Alternative Realty Group, LLC License #3164282 Listed on: 11/09/2021

Last Buyer's Agent

Elizabeth Mongelos de Cardozo

Xcellence Realty License #3352383

Xcellence Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,421

Year Built

  • Built in 2006

Lot Details

  • 9,274 Sq Ft Lot
  • South Facing Home
  • Property is zoned 2100

HOA Fees

  • $450 Monthly HOA Fees

Parking

  • 4 Car Attached Garage
  • Automatic Garage Door Opener
  • Driveway
  • Paver Block
  • Open Parking

Home Design

  • Mediterranean Architecture
  • Barrel Roof Shape
  • Tile Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 4,717 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Drapes & Rods
  • Blinds
  • French Doors
  • Entrance Foyer
  • Great Room
  • Family Room
  • Formal Dining Room
  • Den
  • Garden Views

Kitchen

  • Breakfast Area or Nook
  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Cooking Island
  • Trash Compactor
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Sitting Area In Primary Bedroom
  • Main Floor Bedroom
  • Primary Bedroom Upstairs
  • Walk-In Closet
  • 4 Full Bathrooms
  • Bidet
  • Separate Shower in Primary Bathroom
  • Bathtub

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Intercom Access
  • Security System Owned
  • Complete Panel Shutters or Awnings
  • Fire and Smoke Detector

Outdoor Features

  • Room in yard for a pool
  • Balcony
  • Patio

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 36-60-03-034-3840

Community Details

Overview

  • Cutler Cay Subdivision

Recreation

  • Tennis Courts
  • Community Pool

Additional Features

  • Clubhouse
  • Security Service

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,421

Year Built

Built in 2006

Lot Details

0

HOA Fees

$450 per month

Parking

4

Listing Details

  • Property Type: Residential
  • Year Built: 2006
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Two Story, Mediterranean
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Structure Type: R30-No Pool/No Water, House
  • Subdivision Name: CUTLER CAY
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Trash Compactor, Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Microwave, Electric Range, Refrigerator, Self Cleaning Oven, Washer
  • Interior Amenities: First Floor Entry, Cooking Island, Entrance Foyer, French Doors, Laundry Tub, Volume Ceilings, Walk-In Closet(s), Den/Library/Office, Family Room, Great Room, Utility Room/Laundry
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Door Features: French Doors
  • Entry Location: Foyer
  • Flooring: Carpet, Ceramic Floor
  • Furnished: Unfurnished
  • Living Area: 4717
  • Other Equipment: Automatic Garage Door Opener, Intercom
  • Possible Use: Primary
  • Window Features: Complete Panel Shutters/Awnings, Hurricane Shutters, Blinds, Drapes
  • Bedroom Features: At Least 1 Bedroom Ground Level, Sitting Area - Master Bedroom, Master Bedroom Upstairs, Master Bath Tub
  • Dining Room Features: Breakfast Area, Formal Dining
  • Living Room Features: Den/Library/Office, Family Room, Great Room, Utility Room/Laundry
  • Master Bathroom Features: Bidet, Separate Tub & Shower

Exterior Features

  • Roof: Barrel Roof, Curved/S-Tile Roof
  • View: Garden, Other
  • Exterior Features: Open Balcony, Other, Room For Pool
  • Construction Type: CBS Construction
  • Direction Faces: South
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Patio And Porch Features: Open Balcony, Patio
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: CUTLER CAY
  • Covered Parking Spaces: 4
  • Garage Spaces: 4
  • Open Parking: Yes
  • Parking Features: Covered, Driveway, Paver Block

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Laundry Tub, Utility Room/Laundry
  • Security: Curr Owner Wind Mitig Cert Avail, Owned Burglar Alarm, Smoke Detector

Condo/Co-op/Association

  • Association Fee: 450
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Community Features: Clubhouse, Pool, Tennis Court(s), Security Patrol
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Lot Info

  • Parcel Number: 36-60-03-034-3840
  • Lot Size Sq Ft: 9274
  • Zoning: 2100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 9421

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2021
Closed on
Mar 17, 2022
Sold by
Felix Justo P
Bought by
Breslaw Jared and Robey Justine
Seller's Agent
Moises Ramos
Alternative Realty Group, LLC
Buyer's Agent
Elizabeth Mongelos de Cardozo
Xcellence Realty
List Price
$925,000
Sold Price
$800,000
Premium/Discount to List
-$125,000
-13.51%
Current Estimated Value
$1,179,160

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$379,160
Avg. Annual Appreciation
10.93%
Original Mortgage
$798,400
Outstanding Balance
$736,285
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$442,875

Purchase Details

Listed on
Nov 9, 2021
Closed on
Feb 3, 2022
Sold by
Moises Ramos Jr
Bought by
Felix Justo P
Seller's Agent
Moises Ramos
Alternative Realty Group, LLC
Buyer's Agent
Elizabeth Mongelos de Cardozo
Xcellence Realty
List Price
$925,000
Sold Price
$800,000
Premium/Discount to List
-$125,000
-13.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$798,400
Outstanding Balance
$736,285
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$442,875

Purchase Details

Closed on
Sep 30, 2019
Sold by
Ramos Jessica
Bought by
Ramos Moises

Purchase Details

Closed on
Jul 19, 2016
Sold by
Ramos Jessica
Bought by
Ramos Jessica and Ramos Moises

Purchase Details

Closed on
Apr 28, 2006
Sold by
Shoma Development Corp
Bought by
Ramos Jessica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$558,428
Interest Rate
6.33%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Breslaw Jared $1,050,000 Earnest/Tighe Law Firm Pa
Felix Justo P $800,000 Aileen Franklin Pa
Ramos Moises -- None Available
Ramos Jessica -- None Available
Ramos Jessica $698,100 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Breslaw Jared $798,400
Previous Owner Ramos Jessica $558,428
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/03/2022 02/03/22 Sold $800,000 -13.5% $170 / Sq Ft
11/09/2021 11/09/21 For Sale $925,000 -- $196 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $23,228 $736,477 $293,545 $442,932
2024 $23,265 $769,706 $293,545 $476,161
2023 $23,265 $722,119 $268,384 $453,735
2022 $10,165 $382,472 $0 $0
2021 $9,421 $371,333 $0 $0
2020 $11,764 $481,556 $79,676 $401,880
2019 $8,497 $357,974 $0 $0
2018 $8,212 $351,300 $0 $0
2017 $8,155 $344,075 $0 $0
2016 $8,112 $336,999 $0 $0
2015 $7,960 $334,657 $0 $0
2014 -- $332,001 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2022

    Moises Ramos

    Alternative Realty Group, LLC

    (305) 978-4796

    1 in this area

    3 Total Sales

    Moises Ramos
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11122927

MIAMI REALTORS® MLS

APN: 36-6003-034-3840

Florida Miami/Dade County Cutler Bay 33157

7504 SW 188th Terrace, Cutler Bay, FL

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