9120 SW 203 TER, Cutler Bay, FL 33189

Parcel: 3660090120340 · Residential · Townhouse · Zoning: 3002

Assessed Value (2025)
$228,376

Property Details

Beds
3
Baths
2.5
Living Sqft
1,934
Year Built
1981
Lot Sqft
3,500
Stories
2
RESIDENTIAL - TOTAL VALUE : TOWNHOUSE

Sales History

1
$121,000
2003-02-01
2
N/Anon-market transfer
2005-04-01
3
$75,000
2012-06-25
DAHLIA Y GRAHAMMARGARITA PENA IGLESIAS

Tax Assessment History

$228,376
Assessed (2025)
$350,000
Market Value
$228,376
Taxable Value
$4,650
Annual Tax
2024
$207,615
$350,000
2025
$228,376
$350,000
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $228,376 $350,000 $228,376 $4,650
2024 $207,615 $350,000 $207,615 $4,227

About 9120 SW 203 TER, Cutler Bay, FL 33189

9120 SW 203 TER, Cutler Bay, FL 33189 is a 3-bedroom, 2.5-bathroom residential - total value : townhouse built in 1981 with 1,934 square feet of living space on a 3,500 square foot lot. The property is currently owned by MARGARITA PENA IGLESIAS, recorded as of 2026-04-19. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2012-06-25 for $75,000, when DAHLIA Y GRAHAM sold to MARGARITA PENA IGLESIAS. There are 3 recorded sales for this property. The 2025 assessed value is $228,376 with a market value of $350,000.

The assessed value increased 10% from $207,615 in 2024. This property is located in FEMA Flood Zone X, which indicates minimal flood risk. Flood insurance is typically not required for properties in Zone X.

The median household income in this area is $76,722, and the median home value is $410,100. The population density is 7,642 people per square mile. 9120 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 2003 to 2012, with 3 recorded transactions in the public record. The current assessed value represents 305% 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 $39 per square foot — a key metric for comparing value across Cutler Bay's real estate market..

Current Owner

MARGARITA PENA IGLESIAS
14968 SW 157 PL, MIAMI, FL, 33196
Since: 2026-04-19
View owner profile →

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$2,683 — $4,910
Flood $400 — $800
Property/Wind $2,283 — $4,110

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$76,722
Median Home Value$410,100
Pop. Density7,642/sq mi

Neighborhood 33189

59%
Owner-Occ
41%
Investor
77
Flips (4yr)
1,212
New Biz (3yr)
Distress Risk
MODERATE
31
View full risk analysis →
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