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$1,250,000 Just Listed
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Property Description
Nestled in the highly desired Saga Bay community of Cutler Bay, this beautifully renovated residence delivers exceptional versatility and value. Officially listed as a 4-bedroom, 4-bath home, the property actually offers a total of 8 bedrooms and 5 bathrooms, including two income-producing efficiencies, each currently rented at $1,300. The main home features modern finishes, spacious living areas, and a layout ideal for multi-generational living or those seeking additional rental opportunities. Step outside to your private oasis, complete with a sparkling pool and a fully equipped outdoor summer kitchen, perfect for entertaining and year-round enjoyment. Located minutes from top-rated schools, parks, shopping, and the bay, this home blends comfort, style, and investment potential in one of Cutler Bay's most sought-after neighborhoods. A rare opportunity with endless possibilities.
Full Property Details
Full Property Details for 7961 SW 198th St
General
- Price: $1,250,000
- Taxes: $11,780 (2025)
- Status: Active
- Type: Single Family
- Source: Greater_Miami
- MLS ID: A11946779
- Updated: 1/16/2026
- Added to Site: 2 day(s) ago
Interior
- Interior Features: Second Floor Entry, Walk-In Closet(s), Family Room, Florida Room, Garage Converted, Maid/In-Law Quarters
- Appliances: Dishwasher, Microwave
- Flooring: Ceramic Floor
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 4
- Bedroom Features: At Least 1 Bedroom Ground Level, None, Primary Bedroom Upstairs
Other Rooms
- Living Room: Family Room, Florida Room, Sq. Ft.
Additional Information
- Pool: Yes
- Pool Description: In Ground, Concrete, 14x30
Exterior
- Exterior Features: Built-In Grill, Open Balcony
- Deck/Patio: Awning(s), Open Balcony
Parking
- Garage: Yes
- Garage Spaces: 4
- Covered Spaces: 4
- Parking Features: Driveway
Location
- Area: Saga Bay Sec 1 Pt 4
- County: Miami-Dade County
- Subdivision: SAGA BAY SEC 1 PT 4
- Building Name: SAGA BAY SEC 1 PT 4
- Direction Faces: South
Community
- Community Name: Saga Bay Sec 1 Pt 4
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Water: Municipal Water
Structural Information
- Architectural Style: Detached, Two Story
- Structure Type: Pool Only, House
- Detached/Attached: Detached
- Construction: Concrete Block Construction, Elevated Construction
- Roof: Shingle
- Building Size: 4016
- Square Feet: 2,646
- Living Area: 2,646 Sq. Ft.
- Year Built: 1974
Additional Structures
- Other Structures: Guest House
Lot Features
- Property View: None, Water
- Lot Size (Sq. Ft.): 7,840
- Lot Features: Less Than 1/4 Acre Lot
- Zoning: 100
Water Features
- Water View: Yes
Financial Considerations
- Price Per Sq. Ft.: $472.41
- Tax Amount: $11,780
- Tax Year: 2025
- Terms: All Cash, Conventional, Cryptocurrency
Disclosures and Reports
- Legal Description: SAGA BAY SEC 1 PT 4 PB 98-50 LOT 8 BLK 12 LOT SIZE 7840 SQ FT OR 21114-3048 032003 1 F/A/U 30-6003-016-0220
- Restrictions: No Restrictions, Ok To Lease
- Property ID: 36-60-03-016-0220
Listed by Luxe Properties
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Schools
Schools serving 7961 SW 198th St
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 | 1.4 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 Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 7961 SW 198th St
Date
Details
Price
Change
Source
1/15/2026
Listed
$1,250,000
216.46%
MLS
4/27/2020
Sold
$395,000
—
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 7961 SW 198th St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$11,528
34%
$504,320
3%
2023
$8,618
24%
$489,632
40%
2021
$6,978
-16%
$350,831
-26%
2022
$8,317
19%
$475,371
40%
2021
$6,978
10%
$339,689
6%
2019
$6,330
148%
$321,016
103%
2018
$2,553
1%
$158,088
2%
2017
$2,523
1%
$154,837
2%
2016
$2,488
-1%
$151,653
1%
2015
$2,513
-1%
$150,599
1%
2014
$2,539
1%
$149,404
1%
2013
$2,510
—
$147,197
—
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 7961 SW 198th St
7961 SW 198th St, Cutler Bay, FL 33189 (MLS# A11946779) is a Single Family property with 4 bedrooms and 4 full bathrooms. 7961 SW 198th St is currently listed for $1,250,000 and was received on January 15, 2026. Want to learn more about 7961 SW 198th St? 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.

