For SaleRisky Deal9 days on market
18731 SW 87th Ave
18731 SW 87th Ave, Cutler Bay, FL 33157, Cutler Bay, FL 33157
$880,000
Listing Price
18731 SW 87th Ave, Cutler Bay, FL 33157
Loc: Cutler Bay, FL
Days Listed
9
Tax Assessed
$584k
Lot Size
0.35 acres
Type
single family
More Than Just a Property
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4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
9
Whispering Pines Elementary School
PK-5
0.2 mi away
5
Cutler Bay Middle
6-8
1.1 mi away
3
Miami Southridge Senior High School
8-12
2.8 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
ranch stylesingle-storypalm treesmanicured hedgesarched entrywayattached garagestucco exteriorminimalist aestheticsuburbanfront lawnmodern updateswell-maintainedresidentialFlorida architecture
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
6.14%
Total ROI
92.3%
Cash Flow
$-63/mo
DSCR
0.99
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-63/mo net cash flow with a 6.1% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.1%)
- • Strong rental demand in Cutler Bay
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-14 | Listed for sale | $880,000 | $545 |
| 2020-09-04 | Listing removed | $515,000 | $319 |
| 2020-06-12 | Price change | $515,000 | $319 |
| 2020-05-15 | Listed for sale | $525,000 | $325 |
| 2017-04-11 | Sold | $340,000 | $211 |
| 2017-02-14 | Pending sale | $349,900 | $217 |
| 2017-02-14 | Listed for sale | $349,900 | $217 |
| 2016-09-06 | Listing removed | $398,500 | $247 |
| 2016-08-31 | Listed for sale | $398,500 | $247 |
| 2014-10-01 | Sold | $223,000 | $138 |
| 2014-07-23 | Listed for sale | $244,900 | $152 |
| 2014-06-09 | Sold | $268,000 | $166 |
| 2014-05-07 | Listed for sale | $0 | – |
| 2004-08-25 | Sold | $261,000 | $162 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $10,492.99 | $584,460 |
| 2024 | $11,241.17 | $584,917 |
| 2023 | $5,710.31 | $327,882 |
| 2022 | $4,812.38 | $280,342 |
| 2021 | $4,771.82 | $272,177 |
| 2020 | $7,816.1 | $268,420 |
| 2019 | $7,806.25 | $269,523 |
| 2018 | $5,272.58 | $270,626 |
| 2017 | $5,272.58 | $250,390 |
| 2016 | $4,964.3 | $232,566 |
| 2015 | $4,577.51 | $221,075 |
| 2014 | $3,222.17 | $185,162 |
| 2013 | $3,117.19 | $182,426 |
| 2012 | $3,117.19 | $179,377 |
| 2011 | $3,130.98 | $179,257 |
| 2010 | $3,272.09 | $176,608 |
| 2009 | $4,368.82 | $241,530 |
| 2007 | $6,080.2 | $297,322 |
| 2004 | $3,784.41 | $0 |
| 2003 | $2,114.02 | $0 |
| 2002 | $2,055.55 | $0 |
| 2001 | $2,055.55 | $0 |
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