$897,000
7961 SW 198th Street
Cutler Bay, FL 33189
Explore the area: Cutler Bay homes for sale · Miami Dade County real estate
Price Check
How this price compares
- List price
- $897,000
- Price per sq ft
- $339
- Original price
- $1,250,000
- Days on market
- 251
This 4-bedroom single-family home in Saga Bay Sec 1 Pt 4 is listed at $897,000, or $339 per square foot. The asking price has come down 28.2% from its original $1,250,000. It has been on the market for 251 days.
Estimated monthly payment
$4,714 /mo
Principal and interest only, based on $179,400 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $897,000
- Days on Site
- 251 Days
- Bedrooms
- 4
- Total Baths
- 4
- Full Baths
- 4
- Partial Baths
- 0
- Living Area
- 2,646 sqft
- Total Sq Ft
- 4,016 sqft
- Lot Size
- 0.18 Acres
- Year Built
- 1974
- Property Type
- Single Family
- MLS #
- A11946779
- Property Tax
- $11,780 (2025)
- HOA Fees
- $120 / Quarterly
- Subdivision
- SAGA BAY SEC 1 PT 4
- County
- Miami Dade
- Status
- Active
About This Property
Nestled in the highly desired Saga Bay community of Cutler Bay, this beautiful residence delivers exceptional versatility and value. The main home features modern finishes, spacious living areas, and a layout ideal for multi-generational living. Step outside to your private oasis, complete with a sparkling pool 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.
MLS media linkGeneral Features
- Property Type
- Single Family
- Status
- Active
- Year Built
- 1974
- Property Condition
- Resale
- Number of Stories
- 2
- Levels
- Two
- Garage Spaces
- 4
- Parking
- Driveway
- Direction Faces
- South
- Lot Size (Acres)
- 0.18
- Living Sq Ft
- 2,646
- Total Sq Ft
- 4,016
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- 0100
Interior Features
- Appliances
- Dishwasher / Microwave
- Cooling
- Central Air
- Heating
- Central / Electric
- Flooring
- Ceramic Tile
- Interior Features
- Main Level Primary / None / Upper Level Primary / Walk In Closets
Exterior Features
- Construction
- Block
- Roof
- Shingle
- Exterior Features
- Awnings / Built In Barbecue / Balcony / Barbecue / Outdoor Living Area
- Private Pool
- Yes
- Pool Features
- Concrete / In Ground
- Patio & Porch
- Open / Balcony
- View
- Water
Community & HOA
- HOA Fee
- $120 / Quarterly
- Financing Terms
- Cash / Conventional / Cryptocurrency
- Restrictions
- No Restrictions / Ok To Lease
- MLS Area
- 2600
This home's HOA fee works out to $40 a month, 26% below the $54 median across 5 homes for sale in Saga Bay Sec 1 Pt 4. See Saga Bay Sec 1 Pt 4 HOA fees
Schools
- Elementary School
- Dr. Edward L. Whigham
- Middle School
- Cutler Bay Middle
- High School
- Miami Southridge
About the Community
Saga Bay Sec 1 is an age-restricted 55+ community in Cutler Bay, Miami-Dade County, Florida, governed under the Housing for Older Persons Act (HOPA). Homes are priced from $550,000 to $655,000. At least one resident per home must be 55 or older. Pure Equity lists homes in Saga Bay 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
- 8
- Under Contract
- 1
- Median List Price
- $799,000
- Median $/Sq Ft
- $344
- Avg Days on Market
- 109
Frequently Asked Questions
- How do I schedule a tour of 7961 SW 198th Street, Cutler Bay, FL 33189?
- Use the Tour button on this listing to request a showing of 7961 SW 198th Street, Cutler Bay, FL 33189. 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 7961 SW 198th Street, Cutler Bay, FL 33189 still available?
- 7961 SW 198th Street, Cutler Bay, FL 33189 is currently listed as Active, and has been on the market 251 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 7961 SW 198th Street, Cutler Bay, FL 33189?
- With 20% down ($179,400) on the $897,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 7961 SW 198th Street, Cutler Bay, FL 33189 is about $4,714/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 7961 SW 198th Street, Cutler Bay, FL 33189?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 7961 SW 198th Street, Cutler Bay, FL 33189. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- Does 7961 SW 198th Street, Cutler Bay, FL 33189 have an HOA fee?
- Yes: 7961 SW 198th Street, Cutler Bay, FL 33189 carries an HOA fee of about $120 quarterly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
- What schools serve 7961 SW 198th Street, Cutler Bay, FL 33189?
- 7961 SW 198th Street, Cutler Bay, FL 33189 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 7961 SW 198th Street, Cutler Bay, FL 33189?
- Often, yes. The right offer on 7961 SW 198th Street, Cutler Bay, FL 33189 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 Luxe Properties
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.
$897,000
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Listed by Yohan Miranda, Luxe Properties
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Recent Sales
Recently sold homes in Saga Bay Sec 1 Pt 4
These are the last 6 recorded closings in Saga Bay Sec 1 Pt 4, with the price each home actually sold for rather than what it was listed at. They closed at a median of $379 per square foot. The most recent closed on September 30, 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.
Sold$849,000
Sold · September 30, 2026
8020 SW 198th Street
5 bed · 3 bath · 2,800 sqft · $303/sqft
Sold$650,000
Sold · August 24, 2026
8121 SW 205th Street
4 bed · 2 bath · 1,972 sqft · $330/sqft
$5,000 under the asking price
Sold$770,000
Sold · July 20, 2026
7970 SW 198th Street
3 bed · 2.5 bath · 2,032 sqft · $379/sqft
$25,000 under the asking price
Sold$815,000
Sold · July 13, 2026
7840 SW 197th Terrace
4 bed · 3 bath · 1,979 sqft · $412/sqft
$20,000 under the asking price
Sold$535,000
Sold · June 22, 2026
20401 SW 83rd Avenue
3 bed · 2 bath · 1,877 sqft · $285/sqft
$15,000 under the asking price
Sold$725,000
Sold · June 9, 2026
8121 SW 203rd Street
3 bed · 2 bath · 1,660 sqft · $437/sqft
$24,000 under the asking price
See every recorded sale in Saga Bay Sec 1 Pt 4 or find out what your Saga Bay Sec 1 Pt 4 home is worth.
