Miami-Dade County  »  8041 SW 197th Ter

8041 Southwest 197th Terrace, Miami, FL 33189 Property Information

8041 Southwest 197th Terrace, Miami, FL 33189 Property Information

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  • Owner
  • Documents
  • Tax
  • Neighborhood
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8041 Southwest 197th Terrace, Miami, FL 33189
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Address

Primary address 8041 Southwest 197th Terrace, Miami
Zip code 33189
County Miami-Dade
Municipality Cutler Bay
Neighborhood Saga Bay
Parcel ID 3660030160130

Sales & Tax Overview for 8041 Southwest 197th Terrace, Miami

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Sale date 09/09/2025
Sale price $750,000
Arm's length
Current property tax $8,107

Lot & Building Information for 8041 Southwest 197th Terrace, Miami

Building sqft 2,963
Building class Residential - Single Family: 1 Unit (0101)
Acreage 0.18
Year built 1974
Stories 1
Units 1
Bedrooms 3
Bathrooms 2
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Zoning, Use & Area Overview

Walk Score
Transit Score
Bike Score


Zoning district
School district Miami-Dade County Public Schools

View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.

Other Property Data for 8041 Southwest 197th Terrace, Miami

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About 8041 Southwest 197th Terrace, Miami

What is the year built & the total sq. ft. for 8041 Southwest 197th Terrace, Miami, FL 33189?

8041 Southwest 197th Terrace, Miami, FL 33189 was built in 1974 and has a total of 2,963 square feet.

What is the assessed value of 8041 Southwest 197th Terrace, Miami, FL 33189 and the property tax paid?

Assessed at $495,169, the tax amount paid for 8041 Southwest 197th Terrace, Miami, FL 33189 is $8,841.

When was 8041 Southwest 197th Terrace, Miami, FL 33189 last sold and what was the last sale price?

8041 Southwest 197th Terrace, Miami, FL 33189 was last sold in 09/09/2025 for $750,000.

Ownership Information

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Real Estate Reports:
Laura Pop-Badiu, May 07, 2026 Locked-In Owners, Mobile Renters: Homeowners Stay Put as Renters Move 3.7x More Across Largest U.S. Cities 
Renters became the primary drivers of long-distance mobility across the largest U.S. cities, moving 3.7 times more than owners in 2024, as high mortgage rates and housing costs kept many homeowners in place.
Eliza Theiss, Apr 23, 2026 $4.6M Hudson Yards Maintains Top Spot, Luxury Sales in Malba Set $2.5M Price Record for Queens
Despite prices declining, Hudson Yards remained the most expensive NYC neighborhood, but TriBeCa’s growth closed the gap to under $400,000, while Malba set a new historic price record for Queens at $2.5 million, securing the highest ranking ever for the borough at #5.
Eliza Theiss, Apr 15, 2026 2026 Q1 Foreclosure Report: Brooklyn Filings Fall Sharply, Bronx & Staten Island Hit New Peaks
Behind a deceptively mild citywide downtick, borough foreclosure markets pulled into significantly diverging paths as Brooklyn cases were nearly halved and the Bronx hit a new, record high. Meanwhile, Queens remained unchanged, Staten Island surged back up and Manhattan cooled slowly.
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Past Sales & Property History for 8041 Southwest 197th Terrace, Miami

Create a free account to view the complete sales history for 8041 Southwest 197th Terrace, Miami, including title documents, transfer conditions, mortgages and liens.

Purchase date Purchase price Buyer name Seller name
09/09/2025 $750,000

Title Documents for 8041 Southwest 197th Terrace, Miami

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Date Type Amount Party 1 Party 2 Maturity Document Related documents Doc image
09/09/2025 - D
09/11/2025 - R
Mortgage 10/01/2055
09/09/2025 - D
09/11/2025 - R
Deed
07/29/2022 - D
08/01/2022 - R
Mortgage
                 
                 
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R: Recorded date
D: Document date

Property Taxes for 8041 Southwest 197th Terrace, Miami

Access detailed property tax data for 8041 Southwest 197th Terrace, Miami, FL 33189. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025
Base tax $8,842
Current property tax $8,107
Market value $495,169
Assessed value $495,169

Assessment History for 8041 Southwest 197th Terrace, Miami

Here's the assessment & property tax history for 8041 Southwest 197th Terrace, Miami, including the evolution of the total tax rate and corresponding property tax.

Year Market value Assessment value Total tax rate Property tax Year over year change
2025 $495,169 $495,169 17.8559 $8,842 -0.25%
2024 $513,847 $485,456 17.8729 $8,864 +6.45%
2023 $463,152 $463,152 17.9783 $8,327 +20.52%
2022 $423,624 $361,909 17.9675 $6,909 +13.45%
2021 $329,009 $329,009 18.5105 $6,090 +7.64%

Miami residential market stats

Median Sale Price
$519,900
-1% YoY
Median Price/Sqft
$333
1.2% YoY
Miami-Dade County Median Sale Price
$510,000
0% YoY

Access a detailed real estate market overview of Miami so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in Miami and compare it to other neighborhoods in Miami-Dade County.

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Risk

Create a free account to unlock extended information for 8041 Southwest 197th Terrace, Miami, including whether it's located in FEMA flood zones, floodways or special flood hazard areas, as well as the Coastal barriers resources system area (COBRA).

FEMA flood zone(s) AE (See more on map)

Transportation

Access the detailed traffic volume map for 8041 Southwest 197th Terrace, Miami to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

View daily traffic map

Schools

Nearest elementary schools

Name Rating Type Grade range No of students Distance to school (mi)
Waldorf International School NR Private PK, K-5 0 0.75
Waldorf International School NR Private PK, K-5 0 0.75
Whispering Pines Elementary School 8 Public PK, K-5 483 0.92
Whispering Pines Elementary School 8 Public PK, K-5 483 0.92
Kid's Club Academy NR Private PK-2 71 1.22

Nearest middle schools

Name Rating Type Grade range No of students Distance to school (mi)
Palmer Trinity School NR Private 6-12 768 1.47
Mater Academy Bay Middle School 10 Charter 6-8 451 1.62
Cutler Bay Middle 4 Public 6-8 1,031 1.67
Boystown 1 Public PK, K-12 8 1.72
Our Lady Of The Holy Rosary-St Richard School NR Private PK-8 308 1.81

Nearest high schools

Name Rating Type Grade range No of students Distance to school (mi)
Cutler Bay Senior High School 8 Public 9-12 572 1.01
Palmer Trinity School NR Private 6-12 768 1.47
Mater High South 7 Charter 9-12 316 1.62
Boystown 1 Public PK, K-12 8 1.72
Career Prep Academy of South NR Private 8-12 80 1.95

Data provided by GreatSchools.org © 2025. All rights reserved.

Neighbors for 8041 Southwest 197th Terrace, Miami

Here are the neighbors for 8041 Southwest 197th Terrace, Miami.

Address Square feet Purchase date Purchase price
8141 SW 198th St, Miami 3,074 05/03/2022 $10
7960 SW 196th Ter, Miami 2,667 11/18/2024 $650,000
8020 SW 196th Ter, Miami 2,714 06/21/2024 $680,000
8101 SW 198th St, Miami 2,650 12/17/2024 $1
8021 SW 198th St, Miami 2,570 03/23/2021 $355,000
8031 SW 197th Ter, Miami 2,908 05/08/2025 $585,000
8021 SW 197th Ter, Miami 2,985
8011 SW 197th Ter, Miami 2,643 03/26/2012 $160,000
7950 SW 196th Ter, Miami 3,085 03/16/2021 $10
8101 SW 197th Ter, Miami 2,952 07/11/2012 $177,484
8011 SW 198th St, Miami 2,795 11/04/2014 $1
7961 SW 198th St, Miami 4,016 03/13/2024 $10
7951 SW 198th St, Miami 2,541 12/23/2019 $372,500
8010 SW 196th Ter, Miami 2,940 02/13/2018 $10
8031 SW 198th St, Miami 2,354
7961 SW 197th Ter, Miami 2,238
7951 SW 197th Ter, Miami 3,082 06/25/2019 $403,000
8030 SW 196th Ter, Miami 2,654 02/01/2017 $275,900
8121 SW 198th St, Miami 2,394 07/11/2022 $10
8041 SW 198th St, Miami 2,280 09/23/2020 $350,000

Nearby ZIP Codes for 8041 Southwest 197th Terrace, Miami

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