NOT LISTED FOR SALE

7787 SW 188th Terrace Cutler Bay, FL 33157

Estimated Value: $955,000 - $1,230,000

5 Beds
4 Baths
4,149 Sq Ft
$253/Sq Ft Est. Value

Highlights

  • Lake Front
  • Gated with Attendant
  • Vaulted Ceiling
  • Fitness Center
  • Clubhouse
  • Wood Flooring

About This Home

As of June 2018

Nice Milan model in private cul-de-sac. Surround system through home, Tile on first floor, wood laminate on entire upstairs. Kitchen nicely done with granite and stainless steel appliances, sub-zero refrigerator and wine cooler. One bedroom and full bath downstairs. Accordion hurricane shutters, Large open lot with view of lagoon and greenbelt. Move in and enjoy the amenities of Cutler Cay. Tennis courts, heated pool, basketball court, gym and 24/7 security. Rent includes high speed internet, cable and ADT alarm monitoring services.

Last Agent to Rent the Property

Patricia Nieto

One Sotheby's International Realty License #0709185 Listed on: 07/17/2017

One Sotheby's International Realty

Last Renter's Agent

Djamilia Junco

Atlantic VIP Realty Group, LLC License #3354308

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,962

Year Built

  • Built in 2005

Lot Details

  • 10,309 Sq Ft Lot
  • Lake Front
  • East Facing Home
  • Property is zoned 0100

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener

Home Design

  • Tile Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 4,149 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Blinds
  • French Doors
  • Entrance Foyer
  • Family Room
  • Formal Dining Room

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Intercom Access
  • Burglar Security System
  • Fire and Smoke Detector

Outdoor Features

  • Balcony
  • Patio

Utilities

  • Cooling Available
  • Heating Available
  • Electric Water Heater

Listing and Financial Details

  • Property Available on 7/17/17
  • More Than 1 Year Lease Term
  • Assessor Parcel Number 36-60-03-034-1210

Community Details

Overview

  • No Home Owners Association
  • Cutler Cay,Cutler Cay Subdivision, Milan Floorplan
  • The community has rules related to no recreational vehicles or boats, no trucks or trailers

Amenities

  • Clubhouse
  • Community Kitchen

Recreation

  • Handball Court
  • Fitness Center
  • Community Pool

Security

  • Gated with Attendant
  • Resident Manager or Management On Site
  • Complex Is Fenced

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,962

Year Built

Built in 2005

Lot Details

0

Parking

2

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions
  • Available Date: 2017-07-17
  • Lease Term: More Than 1 Year

Listing Details

  • Property Type: Residential Lease
  • Year Built: 2005
  • Property Sub Type: Single Family Residence
  • Architectural Style: First Floor Entry
  • Directions: Old Cutler Road South to main entrance on left side of Cutler Cay.
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Other
  • Lease Assignable: No
  • Master Model: Milan
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Single Family-Annual, House
  • Subdivision Name: CUTLER CAY,Cutler Cay
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • MIAMIRE_PetsAllowedYN: Yes
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Entrance Foyer, French Doors, Laundry Tub, Vaulted Ceiling(s), Walk-In Closet(s), Family Room
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Door Features: French Doors
  • Entry Location: Foyer
  • Flooring: Ceramic Floor, Wood
  • Furnished: Unfurnished
  • Living Area: 4149
  • Other Equipment: Automatic Garage Door Opener, Intercom
  • Stories: 2
  • Window Features: Hurricane Shutters, Blinds
  • Dining Room Features: Formal Dining, Kitchen Dining
  • Living Room Features: Family Room

Exterior Features

  • Roof: Curved/S-Tile Roof
  • Exterior Features: Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: East
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Open Balcony, Patio
  • Pool Private: No
  • View: No
  • Waterfront Features: Lake
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: CUTLER CAY
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: No Rv/Boats, No Trucks/Trailers

Utilities

  • Sewer: Sewer
  • Water Source: Municipal Water
  • Cooling: Electric
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: Electric
  • Heating Yn: Yes
  • Laundry Features: Laundry Tub
  • Security: Smoke Detector, Complex Fenced, Gated with Guard, Burglar Alarm, Security Patrol

Condo/Co-op/Association

  • Amenities: Clubhouse, Community Pool, Exercise Room, Guard At Gate, Handball/Basketball, Kitchen Facilities, Management On Site
  • Association: No

Lot Info

  • Parcel Number: 36-60-03-034-1210
  • Land Lease: No
  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 10309
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 21, 2017
Sold by
Ravelo Gustavo
Bought by
Spasic Ravelo Gustavo and Spasic De Ravelo Amanda
Current Estimated Value
$1,048,171

Purchase Details

Closed on
Apr 29, 2005
Sold by
Shoma Development Corp
Bought by
Ravelo Gustavo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
5.75%
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
Spasic Ravelo Gustavo -- Attorney
Ravelo Gustavo $550,000 The Greater Title Services I
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ravelo Gustavo $440,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/01/2018 06/01/18 Rented $3,500 -5.4% --
05/21/2018 05/21/18 Under Contract -- -- --
07/17/2017 07/17/17 For Rent $3,700 +8.8% --
06/07/2014 06/07/14 Rented $3,400 0.0% --
06/07/2014 06/07/14 For Rent $3,400 0.0% --
12/26/2012 12/26/12 Rented $3,400 0.0% --
12/26/2012 12/26/12 For Rent $3,400 -- --
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 $15,962 $636,636 -- --
2024 $15,193 $578,760 -- --
2023 $15,193 $526,146 $0 $0
2022 $13,450 $478,315 $0 $0
2021 $11,287 $434,832 $106,854 $327,978
2020 $10,503 $416,430 $84,593 $331,837
2019 $10,297 $420,289 $84,593 $335,696
2018 $10,160 $424,147 $84,593 $339,554
2017 $10,186 $420,490 $0 $0
2016 $9,877 $387,654 $0 $0
2015 $9,240 $352,413 $0 $0
2014 -- $320,376 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Patricia Nieto

    Landlord's Agent in 2018

    Patricia Nieto

    One Sotheby's International Realty

    (305) 753-3540

    2 in this area

    14 Total Sales

    Patricia Nieto
    Section Image

  • D

    Tenant's Agent in 2018

    Djamilia Junco

    Atlantic VIP Realty Group, LLC

    (401) 391-1854

    2 in this area

    6 Total Sales

    Djamilia Junco
    Section Image

  • D

    Seller Co-Listing Agent in 2014

    Dan Wirgau

    MMLS Assoc.-Inactive Member

    Section Image

  • W

    Buyer's Agent in 2014

    William Bloodworth

    MMLS Assoc.-Inactive Member

  • Fe Ruiz

    Buyer's Agent in 2013

    Fe Ruiz

    America's Best Realty Corp

    (786) 306-0161

    60 Total Sales

    Fe Ruiz
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10311425

MIAMI REALTORS® MLS

APN: 36-6003-034-1210

Florida Miami/Dade County Cutler Bay 33157

7787 SW 188th Terrace, Cutler Bay, FL

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