For SaleRisky Deal54 days on market
7601 SW 187th St
7601 SW 187th St, Cutler Bay, FL 33157, Cutler Bay, FL 33157
$1,100,000
Listing Price
7601 SW 187th St, Cutler Bay, FL 33157
Loc: Cutler Bay, FL
Days Listed
54
Tax Assessed
$860k
Lot Size
8,250 sqft
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.
5
Dr. Edward L. Whigham Elementary School
PK-5
2.2 mi away
5
Cutler Bay Middle
6-8
2.2 mi away
3
Miami Southridge Senior High School
8-12
3.8 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
Mediterraneanstucco exteriorcovered patiopoolscreened enclosureoutdoor livingluxurytravertine paverscoastalceiling fansal fresco dininglush landscapingelegantresort-style
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
6.03%
Total ROI
89.8%
Cash Flow
$-184/mo
DSCR
0.97
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-184/mo net cash flow with a 6.0% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.0%)
- • 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 |
|---|---|---|---|
| 2026-09-23 | Price change | $1,100,000 | $276 |
| 2026-07-31 | Listed for sale | $1,145,000 | $288 |
| 2026-07-30 | Listing removed | $1,170,000 | $294 |
| 2026-06-07 | Price change | $1,170,000 | $294 |
| 2026-05-01 | Listed for sale | $1,197,000 | $301 |
| 2022-09-01 | Sold | $1,070,000 | $269 |
| 2022-07-01 | Pending sale | $1,299,999 | $326 |
| 2022-05-19 | Listed for sale | $1,299,999 | $326 |
| 2016-05-05 | Sold | $575,000 | $144 |
| 2016-03-02 | Listed for sale | $599,900 | $151 |
| 2007-02-14 | Sold | $740,000 | $186 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $18,134.36 | $832,743 |
| 2024 | $17,716.98 | $809,275 |
| 2023 | $17,458.38 | $785,704 |
| 2022 | $11,633.46 | $464,221 |
| 2021 | $10,889.78 | $450,700 |
| 2020 | $10,344.75 | $444,478 |
| 2019 | $10,148.27 | $448,678 |
| 2018 | $10,016.77 | $452,878 |
| 2017 | $10,016.77 | $449,486 |
| 2016 | $10,049.93 | $311,172 |
| 2015 | $7,480.2 | $309,009 |
| 2014 | $7,545.62 | $306,557 |
| 2013 | $7,736.63 | $302,027 |
| 2012 | $7,736.63 | $296,979 |
| 2011 | $7,600.61 | $288,330 |
| 2010 | $7,868.72 | $284,069 |
| 2009 | $9,839.64 | $409,004 |
| 2007 | $5,121.09 | $130,000 |
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