8881 SW 208 TER, Cutler Bay, FL 33189

Parcel: 3660090242240 · Residential - Single Family · Residential · Zoning: 0100

Assessed Value (2025)
$491,087

Property Details

Beds
3
Baths
2
Living Sqft
1,933
Year Built
2004
Lot Sqft
5,425
Stories
1
RESIDENTIAL - SINGLE FAMILY : RESIDENTIAL - TOTAL VALUE

Sales History

1
$207,200
2004-05-01
2
$335,000+62%
2007-02-01
3
$370,000+10%
2021-04-16
RAMIRO CHAVEZ &W MAGALI &WALTER ANIBAL MATICORENA

Tax Assessment History

$491,087
Assessed (2025)
$491,087
Market Value
$491,087
Taxable Value
$9,998
Annual Tax
2024
$466,028
$494,748
2025
$491,087
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $491,087 $491,087 $491,087 $9,998
2024 $466,028 $494,748 $466,028 $9,488

About 8881 SW 208 TER, Cutler Bay, FL 33189

8881 SW 208 TER, Cutler Bay, FL 33189 is a 3-bedroom, 2-bathroom residential - single family : residential - total value built in 2004 with 1,933 square feet of living space on a 5,425 square foot lot. The property is currently owned by WALTER ANIBAL MATICORENA CARMEN CONSUELO VARELA, 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 2021-04-16 for $370,000, when RAMIRO CHAVEZ &W MAGALI & sold to WALTER ANIBAL MATICORENA. The property has appreciated $35,000 (10%) since the prior sale of $335,000 on 2007-02-01. There are 3 recorded sales for this property.

The 2025 assessed value is $491,087 with a market value of $491,087. This breaks down to $198,075 for the land and $293,012 for the building. The assessed value increased 5% from $466,028 in 2024.

The median household income in this area is $67,095, and the median home value is $480,200. The population density is 6,121 people per square mile. There are active mortgage liens totaling $18,376 recorded against this property.

8881 SW 208 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 2004 to 2021, with 3 recorded transactions in the public record.

The current assessed value represents 133% 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 $191 per square foot — a key metric for comparing value across Cutler Bay's real estate market..

Current Owner

WALTER ANIBAL MATICORENA CARMEN CONSUELO VARELA
8881 SW 208 TER, CUTLER BAY, FL, 33189
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$3,346 — $5,710
Flood $400 — $800
Property/Wind $2,946 — $4,910

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$67,095
Median Home Value$480,200
Pop. Density6,121/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 →

Mortgages

ACTIVE
$18,641
~$18,376 bal.
SECRETARY HOUSING URBAN DEVELOPMENT · 2025-06-18
5 satisfied mortgages
SATISFIED 2025-01-09
$16,979
SECRETARY HOUSING URBAN DEVELOPMENT
SATISFIED 2024-09-11
$26,292
SECRETARY HOUSING URBAN DEVELOPMENT
SATISFIED 2024-03-05
$20,660
SECRETARY HOUSING URBAN DEVELOPMENT
SATISFIED 2023-06-14
$20,876
SECRETARY HOUSING URBAN DEVELOPMENT
SATISFIED 2021-04-27
$363,298
CMG MORTGAGE INC
Est. Total Balance $18,376
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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