9981 SW 218 TER, Cutler Bay, FL 33190

Parcel: 3660170110070 · Residential - Single Family · Cluster Home · Zoning: 0100

Assessed Value (2025)
$333,896

Property Details

Beds
2
Baths
2
Living Sqft
1,136
Year Built
1985
Lot Sqft
4,143
Stories
2
RESIDENTIAL - SINGLE FAMILY : CLUSTER HOME

Sales History

1
$30,000
1994-04-01
2
$12,500-58%
1994-04-01
3
$350,000+2700%
2022-10-05
GORDON BURKHEAD &W WELLAMOMICHAEL R PEREZ
4
$350,000
2022-10-11

Tax Assessment History

$333,896
Assessed (2025)
$338,073
Market Value
$283,174
Taxable Value
$5,765
Annual Tax
2024
$324,486
$339,253
2025
$333,896
$338,073
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $333,896 $338,073 $283,174 $5,765
2024 $324,486 $339,253 $274,486 $5,588

About 9981 SW 218 TER, Cutler Bay, FL 33190

9981 SW 218 TER, Cutler Bay, FL 33190 is a 2-bedroom, 2-bathroom residential - single family : cluster home built in 1985 with 1,136 square feet of living space on a 4,143 square foot lot. The property is currently owned by MICHAEL R PEREZ VICTORIA FRAGA, 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 2022-10-11 for $350,000. There are 4 recorded sales for this property. The 2025 assessed value is $333,896 with a market value of $338,073.

This breaks down to $183,432 for the land and $154,641 for the building. The assessed value increased 3% from $324,486 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. There are active mortgage liens totaling $292,583 recorded against this property.

9981 SW 218 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 1994 to 2022, with 4 recorded transactions in the public record.

The current assessed value represents 95% of the most recent sale price. Based on the most recent sale, this property traded at $308 per square foot — a key metric for comparing value across Cutler Bay's real estate market..

Current Owner

MICHAEL R PEREZ VICTORIA FRAGA
9981 SW 218 TER, CUTLER BAY, FL, 33190
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$3,738 — $6,810
Flood $400 — $800
Property/Wind $3,338 — $6,010

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
$305,000
~$292,583 bal.
PARAMOUNT RESIDENTIAL MORTGAGE GROUP INC · 2022-10-11
Est. Total Balance $292,583
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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