10198 SW 203 TER, Cutler Bay, FL 33189

Parcel: 3660080110440 · Residential - Single Family · 1 Unit · Zoning: 0100

Assessed Value (2025)
$301,781

Property Details

Beds
3
Baths
2
Living Sqft
2,266
Year Built
1968
Lot Sqft
14,475
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$35,000
1992-11-01
2
$220,300+529%
2016-04-28
TERRY THOMPSON &W ARMANITA R HSBC BANK USA NA TRS
3
$291,400+32%
2016-08-03
HSBC BANK USA NA TRSALECIA G BALLARD

Tax Assessment History

$301,781
Assessed (2025)
$569,440
Market Value
$251,059
Taxable Value
$5,111
Annual Tax
2024
$293,276
$569,826
2025
$301,781
$569,440
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $301,781 $569,440 $251,059 $5,111
2024 $293,276 $569,826 $243,276 $4,953

About 10198 SW 203 TER, Cutler Bay, FL 33189

10198 SW 203 TER, Cutler Bay, FL 33189 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1968 with 2,266 square feet of living space on a 14,475 square foot lot. The property is currently owned by ALECIA G BALLARD KEVIN L BALLARD, 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 2016-08-03 for $291,400, when HSBC BANK USA NA TRS sold to ALECIA G BALLARD. The property has appreciated $71,100 (32%) since the prior sale of $220,300 on 2016-04-28. There are 3 recorded sales for this property.

The 2025 assessed value is $301,781 with a market value of $569,440. This breaks down to $329,625 for the land and $239,815 for the building. The assessed value increased 3% from $293,276 in 2024.

The property has the following tax exemptions: homestead. This property is located in FEMA Flood Zone AH, indicating shallow flooding areas with ponding potential. Flood insurance is typically required.

The median household income in this area is $76,136, and the median home value is $396,300. The population density is 4,818 people per square mile. 10198 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 1992 to 2016, with 3 recorded transactions in the public record. The current assessed value represents 104% of the most recent sale price.

Based on the most recent sale, this property traded at $129 per square foot — a key metric for comparing value across Cutler Bay's real estate market..

Current Owner

ALECIA G BALLARD KEVIN L BALLARD
10198 SW 203 TER, CUTLER BAY, FL, 33189
Since: 2026-04-19
View owner profile →

Flood Zone

Zone AH
Special Flood Hazard Area

Est. Annual Insurance

$4,021 — $7,439
Flood $400 — $800
Property/Wind $3,621 — $6,639

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$76,136
Median Home Value$396,300
Pop. Density4,818/sq mi

Neighborhood 10198

100%
Owner-Occ
0%
Investor
0
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
20
View full risk analysis →
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