9231 SW 204 TER, Cutler Bay, FL 33189

Parcel: 3660090150180 · Multifamily 2-9 Units · 2 Living Units · Zoning: 3001

Assessed Value (2025)
$367,994

Property Details

Beds
5
Baths
4
Living Sqft
2,326
Year Built
1979
Lot Sqft
7,500
Stories
1
MULTIFAMILY 2-9 UNITS : 2 LIVING UNITS

Sales History

1
$100non-market transfer
2017-05-18
FETLAR LLCSRP SUB LLC
2
$2,800,300
2018-12-13
SRP SUB LLCCERBERUS SFR HOLDINGS II LP
3
$100non-market transfer
2021-06-17
CERBERUS SFR HOLDINGS II LPFKH SFR C1 L P

Tax Assessment History

$367,994
Assessed (2025)
$519,757
Market Value
$367,994
Taxable Value
$7,492
Annual Tax
2024
$336,001
$493,449
2025
$367,994
$519,757
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $367,994 $519,757 $367,994 $7,492
2024 $336,001 $493,449 $336,001 $6,841

About 9231 SW 204 TER, Cutler Bay, FL 33189

9231 SW 204 TER, Cutler Bay, FL 33189 is a 5-bedroom, 4-bathroom multifamily 2-9 units : 2 living units built in 1979 with 2,326 square feet of living space on a 7,500 square foot lot. The property is currently owned by FKH SFR C1 L P C/O FIRST KEY HOMES LLC, 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 2021-06-17 for $100, when CERBERUS SFR HOLDINGS II LP sold to FKH SFR C1 L P. The property sold for $2,800,200 less than the prior sale of $2,800,300 on 2018-12-13. There are 3 recorded sales for this property.

The 2025 assessed value is $367,994 with a market value of $519,757. This breaks down to $255,000 for the land and $264,757 for the building. The assessed value increased 10% from $336,001 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. 9231 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 2017 to 2021, with 3 recorded transactions in the public record..

Current Owner

FKH SFR C1 L P C/O FIRST KEY HOMES LLC
600 GALLERIA PARKWAY, ATLANTA, GA, 30339-8146
Since: 2026-04-19
View owner profile →

People Behind This Entity

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$4,079 — $7,423
Flood $400 — $800
Property/Wind $3,679 — $6,623

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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