9940 SW 223 TER, Cutler Bay, FL 33190

Parcel: 3660170161210 · Residential - Single Family · Cluster Home · Zoning: 0100

Assessed Value (2025)
$119,912

Property Details

Beds
3
Baths
2
Living Sqft
1,412
Year Built
1992
Lot Sqft
5,057
Stories
1
RESIDENTIAL - SINGLE FAMILY : CLUSTER HOME

Sales History

1
$91,000
1993-08-01

Tax Assessment History

$119,912
Assessed (2025)
$390,895
Market Value
$14,190
Taxable Value
$289
Annual Tax
2024
$116,533
$392,239
2025
$119,912
$390,895
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $119,912 $390,895 $14,190 $289
2024 $116,533 $392,239 $11,533 $235

About 9940 SW 223 TER, Cutler Bay, FL 33190

9940 SW 223 TER, Cutler Bay, FL 33190 is a 3-bedroom, 2-bathroom residential - single family : cluster home built in 1992 with 1,412 square feet of living space on a 5,057 square foot lot. The property is currently owned by IRMA L SANCHEZ, 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 1993-08-01 for $91,000. The 2025 assessed value is $119,912 with a market value of $390,895. This breaks down to $205,368 for the land and $185,527 for the building.

The assessed value increased 3% from $116,533 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. 9940 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 current assessed value represents 132% 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 $64 per square foot — a key metric for comparing value across Cutler Bay's real estate market..

Current Owner

IRMA L SANCHEZ
9940 SW 223 TERR, MIAMI, FL, 33190-1549
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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