11241 SW 203 TER, Cutler Bay, FL 33189

Parcel: 3060070131030 · Residential - Single Family · 1 Unit · Zoning: 0100

Assessed Value (2025)
$355,819

Property Details

Beds
3
Baths
2
Living Sqft
1,380
Year Built
1971
Lot Sqft
8,250
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$155,000
2007-12-01
2
$86,700-44%
2016-05-13
MICHAEL S MATHURA RICHARD D MATHURA
3
$245,000+183%
2016-12-14
RICHARD D MATHURAJOEL ANGEL ABREU

Tax Assessment History

$355,819
Assessed (2025)
$419,556
Market Value
$355,819
Taxable Value
$7,244
Annual Tax
2024
$323,472
$421,578
2025
$355,819
$419,556
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $355,819 $419,556 $355,819 $7,244
2024 $323,472 $421,578 $323,472 $6,586

About 11241 SW 203 TER, Cutler Bay, FL 33189

11241 SW 203 TER, Cutler Bay, FL 33189 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1971 with 1,380 square feet of living space on a 8,250 square foot lot. The property is currently owned by JOEL ANGEL ABREU ELBA LUZ PEREZ, recorded as of 2026-04-19. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2016-12-14 for $245,000, when RICHARD D MATHURA sold to JOEL ANGEL ABREU . The property has appreciated $158,300 (183%) since the prior sale of $86,700 on 2016-05-13. There are 3 recorded sales for this property.

The 2025 assessed value is $355,819 with a market value of $419,556. This breaks down to $244,125 for the land and $175,431 for the building. The assessed value increased 10% from $323,472 in 2024.

The median household income in this area is $53,819, and the median home value is $291,500. The population density is 5,579 people per square mile. 11241 SW 203 TER, Cutler Bay, FL 33189 is located in Cutler Bay, Florida.

Property records, tax assessments, sales history, and ownership information for this Cutler Bay property are sourced from miami_dade County public records. The complete ownership history of this property spans from 2007 to 2016, with 3 recorded transactions in the public record. The current assessed value represents 145% of the most recent sale price.

This high ratio could indicate the property was purchased below market value — a potential sign of a distressed sale or off-market deal. Based on the most recent sale, this property traded at $178 per square foot — a key metric for comparing value across Cutler Bay's real estate market..

Current Owner

JOEL ANGEL ABREU ELBA LUZ PEREZ
11241 SW 203 TER, MIAMI, FL, 33189
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$3,958 — $7,204
Flood $400 — $800
Property/Wind $3,558 — $6,404

Estimate based on FEMA flood zone, property value, and year built. Actual premiums vary based on elevation, mitigation features, roof condition, and insurer. Not a quote.

Neighborhood

Median Income$53,819
Median Home Value$291,500
Pop. Density5,579/sq mi

Neighborhood 11241

100%
Owner-Occ
0%
Investor
1
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
31
View full risk analysis →
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