What did 7563 SW 188th Terrace sell for?

7563 SW 188th Terrace sold for $955,000 on Nov 3, 2026, about 86.8% of its last asking price of $1,100,000 and about $351 per square foot. Recent sales like this one are what buyers and sellers nearby price against.

What are the association fees at 7563 SW 188th Terrace?

The listing reported an association fee of $510 per month at the time of the sale. Fees and special assessments change; check the association's current budget before you compare it with another home.

What are the property taxes on 7563 SW 188th Terrace?

The listing reported annual property taxes of $15,529 for 2025. Taxes are reassessed at the sale price after a purchase, so the new owner's bill will differ from that figure.

When was 7563 SW 188th Terrace built?

7563 SW 188th Terrace was built in 2006 and the listing describes its condition as resale. Age matters for insurance and financing in Florida: ask about the roof, the electrical panel and, for a condo built before the current code, the building's structural reserve study.

How long was 7563 SW 188th Terrace on the market?

7563 SW 188th Terrace was on the market for 80 days before it sold, after the asking price was reduced from $1,196,000 to $1,100,000.

Which schools serve 7563 SW 188th Terrace?

The MLS lists Dr. Edward L. Whigham (elementary), Cutler Bay Middle (middle), Miami Southridge (high). School assignments are set by the district and can change; verify them with the school board before you rely on them.

Is 7563 SW 188th Terrace still for sale?

No. 7563 SW 188th Terrace sold on Nov 3, 2026. BreakThru Realty can show you similar homes for sale nearby, or tell you what a home like yours would sell for today; call or text and a licensed agent will follow up.

7563 SW 188th Terrace, Cutler Bay, FL 33157

Sold $955,000 · Nov 3, 2026

Last asking price $1,100,000 · 86.8% of asking · 80 days on market

Similar Homes for Sale Nearby

7601 SW 187th Street, Cutler Bay, FL 33157 · $1,100,000 · 5 bd · 4.5 ba · 3,982 sq ft
7504 SW 188th Terrace, Cutler Bay, FL 33157 · $1,125,000 · 5 bd · 4 ba · 4,717 sq ft
7441 SW 187th Street, Cutler Bay, FL 33157 · $1,129,000 · 5 bd · 4 ba · 4,717 sq ft
7515 SW 191st Street, Cutler Bay, FL 33157 · $1,045,000 · 5 bd · 4.5 ba · 3,168 sq ft

4 beds
3.5 baths
2,723 sq ft
Single Family Residence
Built 2006
HOA $510/mo
Lot 10,890 sq ft
3,263 sq ft total
2 garage spaces
Miami-Dade County
MLS# A12039267
Cutler Cay

Photo 1 at 7563 SW 188th Terrace, Cutler Bay

About this home

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.

Features

High Ceilings
Built-in Barbecue
Barbecue
Lighting

Schools

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

Presented by

BreakThru Realty · (786) 914-1017

Courtesy of

LPT Realty, LLC · flbrokers@lptrealty.com · Listing agent: Wayne Parkes

All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by BeachesMLS. Listings held by brokerage firms other than BreakThru Realty carry the name of the listing broker.

Thinking of Selling Nearby?

7563 SW 188th Terrace sold on Nov 3, 2026. Your buyer may already be looking. BreakThru Realty works with hundreds of prequalified buyers searching for properties. A broker compares your home in Cutler Cay with this sale and the closings nearest it, checks it against the buyers on file and calls you with your selling options. Find Out If We Have Your Buyer, or see homes for sale in Cutler Bay. Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com.

Questions About 7563 SW 188th Terrace

What did 7563 SW 188th Terrace sell for?: 7563 SW 188th Terrace sold for $955,000 on Nov 3, 2026, about 86.8% of its last asking price of $1,100,000 and about $351 per square foot. Recent sales like this one are what buyers and sellers nearby price against.
What are the association fees at 7563 SW 188th Terrace?: The listing reported an association fee of $510 per month at the time of the sale. Fees and special assessments change; check the association's current budget before you compare it with another home.
What are the property taxes on 7563 SW 188th Terrace?: The listing reported annual property taxes of $15,529 for 2025. Taxes are reassessed at the sale price after a purchase, so the new owner's bill will differ from that figure.
When was 7563 SW 188th Terrace built?: 7563 SW 188th Terrace was built in 2006 and the listing describes its condition as resale. Age matters for insurance and financing in Florida: ask about the roof, the electrical panel and, for a condo built before the current code, the building's structural reserve study.
How long was 7563 SW 188th Terrace on the market?: 7563 SW 188th Terrace was on the market for 80 days before it sold, after the asking price was reduced from $1,196,000 to $1,100,000.
Which schools serve 7563 SW 188th Terrace?: The MLS lists Dr. Edward L. Whigham (elementary), Cutler Bay Middle (middle), Miami Southridge (high). School assignments are set by the district and can change; verify them with the school board before you rely on them.
Is 7563 SW 188th Terrace still for sale?: No. 7563 SW 188th Terrace sold on Nov 3, 2026. BreakThru Realty can show you similar homes for sale nearby, or tell you what a home like yours would sell for today; call or text and a licensed agent will follow up.

Explore

Recently Sold Nearby

7965 SW 195th Street, Cutler Bay, FL 33157 · Sold $1,101,000 · 5 bd · 4 ba · 4,717 sq ft
7823 SW 195th Terrace, Cutler Bay, FL 33157 · Sold $1,060,000 · 5 bd · 4 ba · 4,717 sq ft
8825 SW 185th Terrace, Cutler Bay, FL 33157 · Sold $1,000,000 · 4 bd · 4 ba · 3,133 sq ft
18740 SW 86th Avenue, Cutler Bay, FL 33157 · Sold $900,000 · 3 bd · 2.5 ba · 1,903 sq ft

Explore Nearby

Nearby Cities

More Cutler Bay Neighborhoods

Nearby ZIP Codes

A comparable home, 7965 SW 195th Street, Cutler Bay, FL 33157, sold for $1,101,000 in October 2026. Other Cutler Bay neighborhoods include Santa Barbara and Capistrano. Nearby ZIP codes include 33189 and 33190. This property also neighbors Palmetto Bay, Pinecrest, and South Miami. Compare it with the Cutler Bay housing market report.