9261 SW 204 TER, Cutler Bay, FL 33189

Parcel: 3660090150120 · Multifamily 2-9 Units · 2 Living Units · Zoning: 3001

Assessed Value (2025)
$454,595

Property Details

Beds
5
Baths
4
Living Sqft
3,003
Year Built
1979
Lot Sqft
12,000
Stories
1
MULTIFAMILY 2-9 UNITS : 2 LIVING UNITS

Sales History

1
N/Anon-market transfer
1993-08-01
2
N/Anon-market transfer
1997-04-01
3
$200,000
2003-03-01

Tax Assessment History

$454,595
Assessed (2025)
$616,800
Market Value
$454,595
Taxable Value
$9,255
Annual Tax
2024
$423,077
$578,842
2025
$454,595
$616,800
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $454,595 $616,800 $454,595 $9,255
2024 $423,077 $578,842 $423,077 $8,614

About 9261 SW 204 TER, Cutler Bay, FL 33189

9261 SW 204 TER, Cutler Bay, FL 33189 is a 5-bedroom, 4-bathroom multifamily 2-9 units : 2 living units built in 1979 with 3,003 square feet of living space on a 12,000 square foot lot. The property is currently owned by MICHAEL LUCAS TR, 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 2003-03-01 for $200,000. There are 3 recorded sales for this property. The 2025 assessed value is $454,595 with a market value of $616,800.

This breaks down to $300,000 for the land and $316,800 for the building. The assessed value increased 7% from $423,077 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.

9261 SW 204 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 1993 to 2003, with 3 recorded transactions in the public record.

The current assessed value represents 227% 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 $67 per square foot — a key metric for comparing value across Cutler Bay's real estate market..

Current Owner

MICHAEL LUCAS TR
7860 SW 182 TERR, MIAMI, FL, 33157-6239
Since: 2026-04-19
View owner profile →

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$4,945 — $8,982
Flood $400 — $800
Property/Wind $4,545 — $8,182

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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