9040 SW 203 TER, Cutler Bay, FL 33189

9040 SW 203 TER, Cutler Bay, FL 33189 is a 3-bedroom, 2.5-bathroom residential - total value : townhouse built in 1983 with 1,610 square feet of living space on a 2,000 square foot lot. The property is currently owned by ZENIA ALVAREZ, 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 2015-08-24 for $145,000, when FRANCES INVESTMENTS LLC TRS sold to ZENIA ALVAREZ. The property has appreciated $144,900 (144900%) since the prior sale of $100 on 2009-04-17. There are 3 recorded sales for this property.

The 2025 assessed value is $263,442 with a market value of $335,000. The assessed value increased 10% from $239,493 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.

9040 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 2008 to 2015, with 3 recorded transactions in the public record.

The current assessed value represents 182% 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 $90 per square foot — a key metric for comparing value across Cutler Bay's real estate market..