10505 SW 231 TER, Cutler Bay, FL 33190

10505 SW 231 TER, Cutler Bay, FL 33190 is a 4-bedroom, 3-bathroom residential - single family : cluster home built in 2010 with 2,624 square feet of living space on a 5,641 square foot lot. The property is currently owned by IH3 PROPERTY FLORIDSA L P, recorded as of 2026-03-29. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2013-10-18 for $280,000, when ANNE L VOLKER &H sold to IH3 PROPERTY FLORIDSA L P. The property has appreciated $56,000 (25%) since the prior sale of $224,000 on 2010-05-28. There are 3 recorded sales for this property.

The 2025 assessed value is $440,553 with a market value of $547,955. This breaks down to $190,907 for the land and $357,048 for the building. The assessed value increased 10% from $400,503 in 2024.

The median household income in this area is $85,500, and the median home value is $438,600. The population density is 2,733 people per square mile. 10505 SW 231 TER, Cutler Bay, FL 33190 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 2009 to 2013, with 3 recorded transactions in the public record. The current assessed value represents 157% 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 $107 per square foot — a key metric for comparing value across Cutler Bay's real estate market..