8878 SW 220 LN, Cutler Bay, FL 33190

Parcel: 3660160141600 · Residential · Townhouse · Zoning: 3002

Assessed Value (2025)
$303,068

Property Details

Beds
3
Baths
2
Living Sqft
1,705
Year Built
2006
Lot Sqft
1,760
Stories
2
RESIDENTIAL - TOTAL VALUE : TOWNHOUSE

Sales History

1
$7,840,000
2003-11-01
2
$253,415-97%
2006-06-01
3
$122,900-52%
2016-06-21
CARLOS ARELLANO GLOVAL I P G DEVELOPMENT CORP

Tax Assessment History

$303,068
Assessed (2025)
$352,000
Market Value
$303,068
Taxable Value
$6,170
Annual Tax
2024
$275,517
$352,000
2025
$303,068
$352,000
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $303,068 $352,000 $303,068 $6,170
2024 $275,517 $352,000 $275,517 $5,609

About 8878 SW 220 LN, Cutler Bay, FL 33190

8878 SW 220 LN, Cutler Bay, FL 33190 is a 3-bedroom, 2-bathroom residential - total value : townhouse built in 2006 with 1,705 square feet of living space on a 1,760 square foot lot. The property is currently owned by GLOVAL I P G DEVELOPMENT CORP, 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 2016-06-21 for $122,900, when CARLOS ARELLANO sold to GLOVAL I P G DEVELOPMENT CORP. The property sold for $130,515 less than the prior sale of $253,415 on 2006-06-01. There are 3 recorded sales for this property.

The 2025 assessed value is $303,068 with a market value of $352,000. The assessed value increased 10% from $275,517 in 2024. 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. There are active mortgage liens totaling $278,838 recorded against this property. 8878 SW 220 LN, 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 2003 to 2016, with 3 recorded transactions in the public record. The current assessed value represents 247% 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 $72 per square foot — a key metric for comparing value across Cutler Bay's real estate market..

Current Owner

GLOVAL I P G DEVELOPMENT CORP
20644 SW 91 CT, CUTLER BAY, FL, 33189
Since: 2026-04-19
View owner profile →

People Behind This Entity

Est. Annual Insurance

$2,218 — $3,830
Flood $400 — $800
Property/Wind $1,818 — $3,030

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 →

Mortgages

ACTIVE
$280,000
~$278,838 bal.
CHAMPIONS FUNDING LLC · 2026-01-15
1 satisfied mortgage
SATISFIED 2023-12-28
$276,250
PALERMO LENDER LLC
Est. Total Balance $278,838
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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