8859 SW 223 TER, Cutler Bay, FL 33190

Parcel: 3660160130540 · Residential - Single Family · Cluster Home · Zoning: 0100

Assessed Value (2025)
$182,986

Property Details

Beds
3
Baths
2
Living Sqft
1,876
Year Built
2005
Lot Sqft
5,278
Stories
2
RESIDENTIAL - SINGLE FAMILY : CLUSTER HOME

Sales History

1
$310,110
2005-02-01
2
N/Anon-market transfer
2006-01-01
3
N/Anon-market transfer
2026-02-26
MEYELLIN GALEANO &FEDERAL NATIONAL MORTGAGE ASSN
4
$400,100
2026-03-04

Tax Assessment History

$182,986
Assessed (2025)
$431,091
Market Value
$132,264
Taxable Value
$2,693
Annual Tax
2024
$177,829
$434,193
2025
$182,986
$431,091
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $182,986 $431,091 $132,264 $2,693
2024 $177,829 $434,193 $127,829 $2,602

About 8859 SW 223 TER, Cutler Bay, FL 33190

8859 SW 223 TER, Cutler Bay, FL 33190 is a 3-bedroom, 2-bathroom residential - single family : cluster home built in 2005 with 1,876 square feet of living space on a 5,278 square foot lot. The property is currently owned by FEDERAL NATIONAL MORTGAGE ASSN, 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 2026-03-04 for $400,100. There are 4 recorded sales for this property. The 2025 assessed value is $182,986 with a market value of $431,091.

This breaks down to $179,865 for the land and $251,226 for the building. The assessed value increased 3% from $177,829 in 2024. The property has the following tax exemptions: homestead.

The median household income in this area is $98,590, and the median home value is $387,800. The population density is 8,824 people per square mile. 8859 SW 223 TER, Cutler Bay, FL 33190 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 2005 to 2026, with 4 recorded transactions in the public record. The current assessed value represents 46% of the most recent sale price.

This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase. Based on the most recent sale, this property traded at $213 per square foot — a key metric for comparing value across Cutler Bay's real estate market..

Current Owner

FEDERAL NATIONAL MORTGAGE ASSN
PO BOX 650043, DALLAS, TX, 75265
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$1,900 — $3,800
Flood $400 — $800
Property/Wind $1,500 — $3,000

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$98,590
Median Home Value$387,800
Pop. Density8,824/sq mi

Neighborhood 33190

38.5%
Owner-Occ
61.5%
Investor
29
Flips (4yr)
636
New Biz (3yr)
Distress Risk
MODERATE
37
View full risk analysis →
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