Atlantic Luxury Advisors
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7436 188th Ln

Cutler Bay, FL 33157

$840,000
5
4.5
3,168 sq ft
8,322 sq ft
2007
2 car
Single Family Residence
$508/mo
97
Active

Listing courtesy of Coldwell Banker Realty (Serap Cardak). Contact: [email protected].

About this home

Located in the desirable gated community of Cutler Cay, this spacious 5-bedroom, 4.5-bath home offers a functional layout with high ceilings and bright, open living areas. The well-designed floor plan provides generous bedrooms and comfortable spaces for everyday living and entertaining.The fenced backyard offers privacy, plenty of room to relax, and space to add a pool. With its great layout and ample square footage, this home is ideal for both homeowners and investors. Currently tenant-occupied with a lease in place through October 19. A great opportunity to own in Cutler Cay with space, privacy, and long-term value. Resort style amenities, gym, sauna, yoga, tennis/pickleball courts, basketball court, heated pool, playground...HOA includes internet, cable, ADT alarm, front lawn maintenance, 24-hour security.

What it costs to own
Estimated monthly payment
$6,512/mo
Principal and interest
$4,248
Property tax
$1,231
Homeowners insurance
$525
HOA
$508

An estimate, not a loan offer. The rate and insurance are assumptions to edit with your own quotes; Florida insurance varies widely by age, construction and distance to the coast. Flood insurance and PMI are not included.

Florida cost of ownership
Estimated property tax
$14,772/yr

Estimate: the price times the Miami-Dade County average total millage (18.49 mills, Florida Department of Revenue, 2025 average total millage by county), less the homestead exemptions. The actual bill depends on the city, the assessed value and special assessments. Save Our Homes then caps annual assessment increases at 3% or inflation, whichever is lower.

HOA
$508/mo (from the listing)
FEMA flood zone
Zone AE, special flood hazard area

Inside the 1% annual chance floodplain. Lenders require flood insurance on a financed home; ask for the elevation certificate.

Hurricane evacuation zone
Zone A: first to evacuate, ordered for tropical storms and every hurricane category.

Sources: FEMA National Flood Hazard Layer and the Florida Division of Emergency Management evacuation zones, looked up at the listing point. Confirm with an elevation certificate and your insurer.

Location

Listing data provided by the Southeast Florida Multiple Listing Service (MIAMI REALTORS®). The data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by the MLS. Atlantic Luxury Advisors is a real estate team at Keller Williams Realty. Payment, tax and flood figures on this page are estimates by Atlantic Luxury Advisors, not MLS data.