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8862 221st Ter

Cutler Bay, FL 33190

3 bd 2 ba 1,812 sqft Built 2005 Lot 1,787 sqft townhomes
Most recent sale
$407,000
Apr 15, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 15, 2022 Sold $407,000 Public Record
Feb 22, 2022 Listed $385,000 MLS #A11155233
Jul 13, 2020 Sold $265,000 MLS #A10805269
Jan 30, 2020 Listed $270,000 MLS #A10805269
Jul 31, 2015 Sold $199,000 MLS #A1981464
Apr 23, 2015 Relisted $194,900 MLS #A1981464
Jan 20, 2015 Listing removed $179,900 MiamiMLS
Aug 26, 2014 Price changed $179,900 MLS #A1981464
Jul 23, 2014 Listed $189,900 MLS #A1981464
Jan 26, 2006 Sold $280,000 Public Record
Nov 26, 2003 Sold $7,840,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $353,466 $8,435
2024 $353,466 $8,265
2023 $333,500 $333,500 $7,897
2022 $234,850 $7,024
2021 $213,500 $213,500 $6,517
2020 $170,063 $4,946
2019 $166,240 $4,860
2018 $163,141 $4,723
2017 $159,786 $4,781
2016 $156,500 $5,354
2015 $98,483 $3,547
2014 $97,702 $3,549
2013 $96,259 $3,505
2012 $94,650 $3,419
2011 $94,650 $2,097
2010 $102,110 $2,183
2009 $119,600 $2,363
2008 $197,160 $3,570
2007 $191,418 $4,030

Property facts

Year built
2005
Property type
townhomes
Stories
2
Beds
3
Baths
2
Living area
1,812 sqft
Lot size
1,787 sqft
ZIP code
33190
City
Cutler Bay
Street
221st Ter
Coordinates
25.56132, -80.33519

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,352
Gross rental yield
9.88%
Implied cap rate
6.42%
Trend-extrapolated value

Frequently asked questions

When did 8862 221st Ter last sell?
8862 221st Ter most recently sold on Apr 15, 2022 for $407,000.
What is the current tax assessment for 8862 221st Ter?
The most recent total assessment for 8862 221st Ter (year 2025) is $353,466 with $8,435 in property tax.
How does 8862 221st Ter's assessment compare to its last sale price?
The current assessment is 13.2% below the last sale price of $407,000.
When was 8862 221st Ter built?
8862 221st Ter was built in 2005.
How does 8862 221st Ter compare to others on 221st Ter?
We track 8 other properties on 221st Ter. Browse the list under "Other properties on 221st Ter" to compare beds, baths, and sale history.
What are the property facts for 8862 221st Ter?
8862 221st Ter is a 3 bed, 2 bath, 1,812 sqft, 1,787 sqft lot townhomes.
Is 8862 221st Ter a flip candidate?
Yes — 8862 221st Ter appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 8862 221st Ter a tax-appeal candidate?
No — 8862 221st Ter is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+1.1%
Implied 1-yr
+4.5%
2026 Q3
$513.5K
2026 Q4
$518.8K
ZIP 33190 — Median Price History + Forecast

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