How do I schedule a tour of 7563 SW 188th Terrace, Cutler Bay, FL 33157?

Use the Tour button on this listing to request a showing of 7563 SW 188th Terrace, Cutler Bay, FL 33157. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.

Is 7563 SW 188th Terrace, Cutler Bay, FL 33157 still available?

7563 SW 188th Terrace, Cutler Bay, FL 33157 is currently listed as Under Contract, and has been on the market 80 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.

How much is the monthly payment for 7563 SW 188th Terrace, Cutler Bay, FL 33157?

With 20% down ($220,000) on the $1,100,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 7563 SW 188th Terrace, Cutler Bay, FL 33157 is about $5,781/mo, before property taxes, insurance, and HOA dues. Use the payment estimate on this page to adjust the down payment and rate.

How do I get pre-approved to buy 7563 SW 188th Terrace, Cutler Bay, FL 33157?

Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 7563 SW 188th Terrace, Cutler Bay, FL 33157. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.

Does 7563 SW 188th Terrace, Cutler Bay, FL 33157 have an HOA fee?

Yes: 7563 SW 188th Terrace, Cutler Bay, FL 33157 carries an HOA fee of about $510 monthly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.

What schools serve 7563 SW 188th Terrace, Cutler Bay, FL 33157?

7563 SW 188th Terrace, Cutler Bay, FL 33157 is zoned for Dr. Edward L. Whigham (elementary), Cutler Bay Middle (middle), Miami Southridge (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.

Can I negotiate the price of 7563 SW 188th Terrace, Cutler Bay, FL 33157?

Often, yes. The right offer on 7563 SW 188th Terrace, Cutler Bay, FL 33157 depends on how it's priced against comparable single family sales in Cutler Bay, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.

Under Contract

80 Days on Market

1 / 30

All Listings

$1,100,000

7563 SW 188th Terrace

Cutler Bay, FL 33157

CUTLER CAY

Explore the area: Cutler Bay homes for sale · Miami Dade County real estate

Price Check

How this price compares

Asking price: $1,100,000
Price per sq ft: $404
Vs. nearby sales: 59.7% above
Days on market: 80

This 4-bedroom single-family home in Cutler Cay went under contract with an asking price of $1,100,000, or $404 per square foot. The asking price has come down 8% from its original $1,196,000. It spent 80 days on the market before going under contract. The 6 most recent single-family home sales in the closings shown below sold at a median of $253 per square foot, so the asking price was 59.7% above what comparable homes here actually sold for.

Bedrooms

Bathrooms

2,723

Living Sq Ft

2006

Year Built

Estimated monthly payment

$5,781 /mo

Principal and interest only, based on $220,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $510/mo HOA are not included.

Customize this estimate

Listing Snapshot

Price: $1,100,000
Days on Site: 80 Days
Bedrooms: 4
Total Baths: 4
Full Baths: 3
Partial Baths: 1
Living Area: 2,723 sqft
Total Sq Ft: 3,263 sqft
Lot Size: 0.25 Acres
Year Built: 2006
Property Type: Single Family
MLS #: A12039267
Property Tax: $15,529 (2025)
HOA Fees: $510 / Monthly
Subdivision: CUTLER CAY
Development: Cutler Cay
County: Miami Dade
Status: Under Contract
Special Conditions: Listed As Is

About This Property

Experience the perfect blend of luxury, comfort, and effortless entertaining in this exceptional residence. Soaring 15-foot ceilings and over 3,263 square feet of thoughtfully designed living space create an atmosphere of elegance and warmth. The heart of the home is a spectacular chef's kitchen featuring two oversized islands, a sunny breakfast nook, and seamless flow into expansive living spaces designed for gathering. A formal dining room adds timeless sophistication, while the private bedroom layout offers space for everyone. Step outside to your own resort-style retreat with a fully equipped outdoor kitchen, quartz countertops, a stunning waterfall peninsula, and a secluded backyard on a desirable corner lot. Complete with a Jack-and-Jill cabana bath, two-car garage, and FPL EV charger, this home offers the lifestyle you've been waiting for.

Virtual Tour

General Features

Property Type: Single Family
Status: Under Contract
Year Built: 2006
Property Condition: Resale
Number of Stories: 1
Levels: One
Garage Spaces: 2
Attached Garage: Yes
Parking: Attached / Driveway / Garage / Garage Door Opener / Paver Block
Direction Faces: Northeast
Lot Size (Acres): 0.25
Living Sq Ft: 2,723
Total Sq Ft: 3,263
Sewer: Public Sewer
Water Source: Public
Zoning: 0100

Interior Features

Appliances: Dryer / Dishwasher / Electric Range / Electric Water Heater / Microwave / Refrigerator / Trash Compactor / Washer
Cooling: Central Air / Ceiling Fans
Heating: Central
Interior Features: Bedroom On Main Level / Breakfast Area / Bathtub / Dining Area / Separate Formal Dining Room / High Ceilings / Soaking Tub / Separate Shower
Total Rooms: 3

Exterior Features

Construction: Other
Roof: Barrel
Exterior Features: Built In Barbecue / Barbecue / Lighting / Outdoor Living Area / Porch
Pool Features: Association
Patio & Porch: Patio / Porch / Screened
Lot Features: Quarter To Half Acre Lot

Community & HOA

HOA Fee: $510 / Monthly
Association Amenities: Clubhouse / Fitness Center / Gated / Maintenance / Other / Pool / Tennis Courts
Community Features: Home Owners Association
Utilities: Cable Available
Financing Terms: Cash / Conventional
Restrictions: Ok To Lease
MLS Area: 2600

This home's HOA fee works out to $510 a month, in line with the $508 median across 18 homes for sale in Cutler Cay. See Cutler Cay HOA fees

Schools

Elementary School: Dr. Edward L. Whigham
Middle School: Cutler Bay Middle
High School: Miami Southridge

About the Community

Cutler Cay

View Community Details →

Cutler Cay is a community in Cutler Bay, Miami-Dade County, Florida. Active listings are priced from $840,000 to $2,200,000. Homes were built between 2004 and 2007. Pure Equity lists homes in Cutler Cay and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.

Homes for Sale: 18
Under Contract: 5
Median List Price: $1,142,000
Median $/Sq Ft: $269
Avg Days on Market: 70

View all 18 homes for sale in Cutler Cay →

Frequently Asked Questions

How do I schedule a tour of 7563 SW 188th Terrace, Cutler Bay, FL 33157?: Use the Tour button on this listing to request a showing of 7563 SW 188th Terrace, Cutler Bay, FL 33157. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
Is 7563 SW 188th Terrace, Cutler Bay, FL 33157 still available?: 7563 SW 188th Terrace, Cutler Bay, FL 33157 is currently listed as Under Contract, and has been on the market 80 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
How much is the monthly payment for 7563 SW 188th Terrace, Cutler Bay, FL 33157?: With 20% down ($220,000) on the $1,100,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 7563 SW 188th Terrace, Cutler Bay, FL 33157 is about $5,781/mo, before property taxes, insurance, and HOA dues. Use the payment estimate on this page to adjust the down payment and rate.
How do I get pre-approved to buy 7563 SW 188th Terrace, Cutler Bay, FL 33157?: Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 7563 SW 188th Terrace, Cutler Bay, FL 33157. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
Does 7563 SW 188th Terrace, Cutler Bay, FL 33157 have an HOA fee?: Yes: 7563 SW 188th Terrace, Cutler Bay, FL 33157 carries an HOA fee of about $510 monthly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
What schools serve 7563 SW 188th Terrace, Cutler Bay, FL 33157?: 7563 SW 188th Terrace, Cutler Bay, FL 33157 is zoned for Dr. Edward L. Whigham (elementary), Cutler Bay Middle (middle), Miami Southridge (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
Can I negotiate the price of 7563 SW 188th Terrace, Cutler Bay, FL 33157?: Often, yes. The right offer on 7563 SW 188th Terrace, Cutler Bay, FL 33157 depends on how it's priced against comparable single family sales in Cutler Bay, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.

Listing courtesy of LPT Realty, LLC

Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated June 23, 2026.

$1,100,000

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Listed by Wayne Parkes, LPT Realty, LLC

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Recently sold homes in Cutler Cay

These are the last 6 recorded closings in Cutler Cay, with the price each home actually sold for rather than what it was listed at. They closed at a median of $272 per square foot. The most recent closed on October 1, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.