How much is 7950 SW 196th Terrace?

7950 SW 196th Terrace is listed at $799,000, which is about $344 per square foot. The listing page shows comparable active listings and recent closed sales nearby so you can judge the asking price against what buyers have actually paid.

What are the association fees at 7950 SW 196th Terrace?

The listing reports an association fee of $120 per month. Confirm what the fee covers, the reserve funding and any pending special assessments before you make an offer; for a condo, ask for the milestone inspection report as well.

What are the property taxes on 7950 SW 196th Terrace?

The listing reports annual property taxes of $4,956 for 2025. Taxes are reassessed at the sale price after a purchase, so a new owner's bill can differ from the current owner's; use the mortgage calculator on this page for an estimate.

When was 7950 SW 196th Terrace built?

7950 SW 196th Terrace was built in 2003. 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 has 7950 SW 196th Terrace been on the market?

7950 SW 196th Terrace has been listed for 131 days, and the asking price has been reduced from $865,000. Days on market and price changes are the first signals of how much room there is to negotiate.

Which schools serve 7950 SW 196th 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.

How do I see 7950 SW 196th Terrace?

Request a showing from this page or call BreakThru Realty and a licensed agent will arrange a private tour, in person or by video, and answer anything the listing leaves out.

7950 SW 196th Terrace, Cutler Bay, FL 33189

$799,000 · Active

4 beds
3 baths
2,324 sq ft
Single Family Residence
Built 2003
HOA $120/mo
Lot 10,018.8 sq ft
3,085 sq ft total
2 garage spaces
Miami-Dade County
MLS# A12041685
Saga Bay Sec 1 Pt 4

Photo 1 at 7950 SW 196th Terrace, Cutler Bay

Photo 2 at 7950 SW 196th Terrace, Cutler Bay

Photo 3 at 7950 SW 196th Terrace, Cutler Bay

Photo 4 at 7950 SW 196th Terrace, Cutler Bay

Photo 5 at 7950 SW 196th Terrace, Cutler Bay

Photo 6 at 7950 SW 196th Terrace, Cutler Bay

Photo 7 at 7950 SW 196th Terrace, Cutler Bay

Photo 8 at 7950 SW 196th Terrace, Cutler Bay

About this home

Stunning elevated corner home in Cutler Bay with 10-ft ceilings, 2-car garage, and private pool. Corner lot with side-yard boat parking, spacious backyard, and exclusive riparian rights to a private community lake (swim, paddleboard, kayak). Walk to 2 parks incl. newly renovated Saga Bay Park (lighted tennis/pickleball, playground). New roof to be installed by seller prior to closing (permits in process).

Features

In Ground

Schools

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

Presented by

BreakThru Realty · (786) 914-1017

Courtesy of

One Sotheby's International Realty · MLS@onesothebysrealty.com · Listing agent: Mario Felipe Gallardo

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.

Schedule a showing

Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com to see 7950 SW 196th Terrace.

Questions About 7950 SW 196th Terrace

How much is 7950 SW 196th Terrace?: 7950 SW 196th Terrace is listed at $799,000, which is about $344 per square foot. The listing page shows comparable active listings and recent closed sales nearby so you can judge the asking price against what buyers have actually paid.
What are the association fees at 7950 SW 196th Terrace?: The listing reports an association fee of $120 per month. Confirm what the fee covers, the reserve funding and any pending special assessments before you make an offer; for a condo, ask for the milestone inspection report as well.
What are the property taxes on 7950 SW 196th Terrace?: The listing reports annual property taxes of $4,956 for 2025. Taxes are reassessed at the sale price after a purchase, so a new owner's bill can differ from the current owner's; use the mortgage calculator on this page for an estimate.
When was 7950 SW 196th Terrace built?: 7950 SW 196th Terrace was built in 2003. 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 has 7950 SW 196th Terrace been on the market?: 7950 SW 196th Terrace has been listed for 131 days, and the asking price has been reduced from $865,000. Days on market and price changes are the first signals of how much room there is to negotiate.
Which schools serve 7950 SW 196th 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.
How do I see 7950 SW 196th Terrace?: Request a showing from this page or call BreakThru Realty and a licensed agent will arrange a private tour, in person or by video, and answer anything the listing leaves out.
To request a tour, call (786) 914-1017 or email sales@breakthrurealty.com.

Explore

Recently Sold Nearby

7840 SW 197th Terrace, Cutler Bay, FL 33189 · Sold $815,000 · 4 bd · 3 ba · 1,979 sq ft
7821 SW 197th Terrace, Cutler Bay, FL 33189 · Sold $649,900 · 4 bd · 2 ba · 2,219 sq ft
7970 SW 198th Street, Cutler Bay, FL 33189 · Sold $770,000 · 3 bd · 3 ba · 2,032 sq ft
9430 SW 215th Lane, Cutler Bay, FL 33189 · Sold $750,000 · 4 bd · 2 ba · 2,107 sq ft

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Nearby ZIP Codes

A comparable home, 7840 SW 197th Terrace, Cutler Bay, FL 33189, sold for $815,000 in July 2026. Other Cutler Bay neighborhoods include Benson Manor and Centennial. Nearby ZIP codes include 33190 and 33157. This property also neighbors Palmetto Bay, Pinecrest, and South Miami. Compare it with the Cutler Bay housing market report.