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$865,000 Just Listed
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Property Description
Welcome to this stunning elevated corner home in Cutler Bay featuring soaring 10-foot ceilings, a spacious 2-car garage, and a sparkling private pool, all sitting on a desirable corner lot that offers extra privacy and a side entrance with plenty of room to store your boat. The expansive backyard is perfect for entertaining, and as a resident you'll enjoy exclusive riparian rights to a private community lake where you can swim, paddleboard, and kayak. Two parks are just a short walk away, including the newly renovated Saga Bay Park with 2 lighted tennis courts, 6 lighted pickleball courts, and a kids' playground. . Please note that due to ongoing street construction, SW 196th St is temporarily closed to through traffic, simply continue along Old Cutler Rd and turn onto 85th Ave to access the neighborhood.
Full Property Details
Full Property Details for 7950 SW 196th Terrace
General
- Price: $865,000
- HOA FEE: $150/month
- Taxes: $4,956 (2025)
- Status: Active
- Type: Single Family
- Source: Greater_Miami
- MLS ID: A12041685
- Updated: 6/23/2026
- Added to Site: 1 day(s) ago
Interior
- Interior Features: First Floor Entry, Other
- Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Washer
- Flooring: Tile, Vinyl
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
- Bedroom Features: None
Other Rooms
- Living Room: Other Sq. Ft.
Additional Information
- Pool: Yes
- Pool Description: In Ground
- Equipment: Automatic Garage Door Opener
Exterior
- Exterior Features: None
Parking
- Garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Parking Features: Driveway
Location
- Area: Saga Bay Sec 1 Pt 4
- County: Miami-Dade County
- Subdivision: SAGA BAY SEC 1 PT 4, SAGA BAY
- Building Name: SAGA BAY SEC 1 PT 4
- Driving Directions: Please note that due to ongoing street construction, SW 196th St is temporarily closed to through traffic, simply continue along Old Cutler Rd and turn onto 85th Ave to access the neighborhood.
- Direction Faces: North
School Information
- Middle School: Cutler Bay
- High School: Miami Southridge
Community
- Community Name: Saga Bay Sec 1 Pt 4
- Association: Yes
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Septic Tank
- Water: Municipal Water
Structural Information
- Architectural Style: Attached, One Story
- Structure Type: Pool Only, House
- Detached/Attached: Detached
- Construction: Concrete Block Construction, Elevated Construction
- Roof: Other
- Building Size: 3085
- Square Feet: 2,324
- Living Area: 2,324 Sq. Ft.
- Year Built: 2003
Lot Features
- Property View: None
- Lot Size (Sq. Ft.): 10,018
- Lot Features: Less Than 1/4 Acre Lot
- Zoning: 100
Financial Considerations
- Price Per Sq. Ft.: $372.2
- Association Fee: $150
- Assoc Fee Freq.: Monthly
- Tax Amount: $4,956
- Tax Year: 2025
- Terms: All Cash, Conventional
Disclosures and Reports
- Legal Description: SAGA BAY SEC 1 PT 4 PB 98-50 LOT 7 BLK 11 LOT SIZE 10018 SQ FT OR 18187-3880 0698 1 COC 21754-4026 09 2003 6 F/A/U 30-6003-016-0070 COC 2565
- Restrictions: No Restrictions, Ok To Lease
- Property ID: 36-60-03-016-0070
Listed by One Sotheby's International Realty
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Schools
Schools serving 7950 SW 196th 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 | 1.5 mi |
Cutler Bay Middle 19400 Gulfstream Road, Cutler Bay, FL 33157 | 6-8 | 1.7 mi |
Miami Southridge Senior High School 19355 Southwest 114th Avenue, Miami, FL 33157 | 9-12 | 3.4 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 7950 SW 196th Terrace
Date
Details
Price
Change
Source
6/23/2026
Listed
$865,000
113.58%
MLS
5/18/2007
Sold
$405,000
—
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 7950 SW 196th Terrace
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,956
3%
$274,385
3%
2024
$4,824
8%
$266,653
3%
2023
$4,470
5%
$258,887
6%
2021
$4,251
-1%
$244,027
-3%
2022
$4,291
1%
$251,347
4%
2021
$4,251
5%
$240,658
2%
2019
$4,036
5%
$235,248
2%
2018
$3,846
1%
$230,862
2%
2017
$3,804
1%
$226,114
2%
2016
$3,769
-1%
$221,464
1%
2015
$3,810
-1%
$219,925
1%
2014
$3,853
12%
$218,180
12%
2013
$3,425
—
$194,720
—
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 7950 SW 196th Terrace
7950 SW 196th Ter, Cutler Bay, FL 33189 (MLS# A12041685) is a Single Family property with 4 bedrooms and 2 full bathrooms. 7950 SW 196th Ter is currently listed for $865,000 and was received on June 23, 2026. Want to learn more about 7950 SW 196th 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.

