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$1,125,000
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Property Description & Video
7504 SW 188th Ter, Cutler Bay, FLVideo Tour of 7504 SW 188th Ter, Cutler Bay, FL.
Spacious, beautifully maintained, and newly repriced, this 5-bedroom, 4-bathroom Florence model presents an outstanding opportunity to own in the highly sought-after guard-gated community of Cutler Cay. Designed for comfortable everyday living and entertaining, the home features a highly functional floor plan with a large first-floor bedroom and full bathroom-ideal for guests, in-laws, a home office, or multi-generational living. A generous kitchen, spacious living areas, and a 3-car garage provide the space and flexibility today's buyers are looking for. The home is equipped with impact windows and doors throughout and has been thoughtfully updated with freshly painted interiors and exterior, two A/C units installed in 2022, a new washer and dryer, two new ovens, smart keyless entry, two smart thermostats, and a perimeter mosquito prevention system. The primary suite is enhanced by custom-built cabinetry and a beautiful fireplace, creating a warm and inviting retreat. Ideally located close to the clubhouse, residents enjoy the exceptional lifestyle Cutler Cay is known for, including 24/7 guard-gated security, a resort-style clubhouse and pool, fitness center, basketball and tennis courts, playgrounds, and more. With its new price, generous square footage, desirable Florence floor plan, and extensive features, this home offers exceptional value in Cutler Cay. Come experience it for yourself and discover everything this beautiful home and community have to offer.
Full Property Details
Full Property Details for 7504 SW 188th Terrace
General
- Price: $1,125,000
- HOA FEE: $509/month
- Taxes: $22,623 (2025)
- Status: Active
- Type: Single Family
- Source: Greater_Miami
- MLS ID: A12037372
- Updated: 9/24/2026
- Added to Site: 119 day(s) ago
Interior
- Interior Features: First Floor Entry, Den/Library/Office, Family Room, Great Room, Utility Room/Laundry
- Appliances: Dishwasher, Disposal, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Trash Compactor, Wall Oven, Washer
- Flooring: Carpet, Ceramic Floor
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
- Primary Bathroom: Bidet, Dual Sinks, Separate Tub & Shower
Bedrooms
- Total Bedrooms: 5
- Bedroom Features: At Least 1 Bedroom Ground Level, Primary Bath Tub, Primary Bedroom Upstairs, Sitting Area - Primary Bedroom
Other Rooms
- Living Room: Den/Library/Office, Family Sq. Ft.
- Dining Room: Breakfast Area, Formal Dining
- Laundry: Utility Room/Laundry
Additional Information
- Shared Pool: Yes
- Maint. Includes: Internet/WiFi, Maintenance Incl Cable, Maintenance Incl Common Area, Maintenance Incl Rec Facilities, Maintenance Incl Security, Maintenance Incl Trash
- Equipment: Automatic Garage Door Opener
Parking
- Garage: Yes
- Garage Spaces: 3
- Covered Spaces: 3
- Parking Features: Additional Spaces Available, Driveway, No Rv/Boats
Location
- Area: Cutler Cay
- County: Miami-Dade County
- Subdivision: CUTLER CAY, Cutler Cay
- Building Name: CUTLER CAY
- Direction Faces: South
Community
- Community Name: Cutler Cay
- Gated community: Yes
- Association: Yes
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Municipal Water
Structural Information
- Architectural Style: Detached, Two Story, Mediterranean
- Structure Type: R30-No Pool/No Water, House
- Detached/Attached: Detached
- Construction: Concrete Block Construction, CBS Construction
- Roof: Barrel Roof
- Windows: Clear Impact Glass, Blinds, Drapes
- Building Size: 5951
- Square Feet: 4,717
- Living Area: 4,717 Sq. Ft.
- Year Built: 2006
Lot Features
- Property View: Garden
- Lot Size (Sq. Ft.): 9,274
- Lot Features: Less Than 1/4 Acre Lot
- Zoning: 100
- Fencing (Description): Fenced
Financial Considerations
- Price Per Sq. Ft.: $238.5
- Association Fee: $509
- Assoc Fee Freq.: Monthly
- Tax Amount: $22,623
- Tax Year: 2025
- Terms: All Cash, Conventional
Disclosures and Reports
- Legal Description: CUTLER CAY PB 162-23 T-21739 LOT 7 BLK 16 LOT SIZE 9274 SQ FT FAU 30 6003 032 0010 THRU 5290 F/A/U 30-6003-034-3840 COC 24527-0232 04 2006 1
- Restrictions: Assoc Approval Required
- Property ID: 36-60-03-034-3840
Listed by Compass Florida, LLC
Get Pre-Approved Today
Schools
Schools serving 7504 SW 188th Terrace
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
Dr. Edward L. Whigham Elementary School 21545 Southwest 87th Avenue, Cutler Bay, FL 33189 | PK-5 | 2.2 mi |
Cutler Bay Middle 19400 Gulfstream Road, Cutler Bay, FL 33157 | 6-8 | 2.2 mi |
Miami Southridge Senior High School 19355 Southwest 114th Avenue, Miami, FL 33157 | 9-12 | 4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 7504 SW 188th Terrace
Date
Details
Price
Change
Source
9/24/2026
Price Reduced
$1,125,000
-3.43%
MLS
7/24/2026
Price Reduced
$1,165,000
-2.84%
MLS
6/12/2026
Listed
$1,199,000
14.19%
MLS
3/17/2022
Sold
$1,050,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 7504 SW 188th Terrace
Year
Property Taxes
Change
Tax Assessment
Change
2025
$22,624
-3%
$736,477
-4%
2024
$23,228
—
$769,706
7%
2023
$23,265
147%
$722,119
94%
2021
$9,421
-7%
$371,333
-3%
2022
$10,165
8%
$382,472
-21%
2021
$9,421
11%
$481,556
35%
2019
$8,497
3%
$357,974
2%
2018
$8,212
1%
$351,300
2%
2017
$8,155
1%
$344,075
2%
2016
$8,112
2%
$336,999
1%
2015
$7,960
-1%
$334,657
1%
2014
$8,032
-4%
$332,001
1%
2013
$8,359
—
$327,095
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 7504 SW 188th Terrace
7504 SW 188th Ter, Cutler Bay, FL 33157 (MLS# A12037372) is a Single Family property with 5 bedrooms and 4 full bathrooms. 7504 SW 188th Ter is currently listed for $1,125,000 and was received on June 12, 2026. Want to learn more about 7504 SW 188th Ter? Do you have questions about finding other Single Family real estate for sale in Cutler Bay? You can browse all Cutler Bay real estate or contact a Coldwell Banker agent to request more information.

