8978 224th Ter
Cutler Bay, FL 33190
3 bd 2 ba 1,526 sqft Built 2007 Lot 1,832 sqft townhomes
Most recent sale
$413,000
May 16, 2023
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Mar 25, 2026 | Listing removed | $1,700 | MiamiMLS |
| May 16, 2023 | Sold | $413,000 | Public Record |
| Apr 3, 2023 | Sold | $413,000 | MiamiMLS |
| Jan 19, 2023 | Price changed | $435,000 | MiamiMLS |
| Dec 5, 2022 | Price changed | $438,900 | MiamiMLS |
| Oct 18, 2022 | Listed | $449,900 | MiamiMLS |
| Jul 27, 2021 | Sold | $305,000 | Public Record |
| May 7, 2021 | Sold | $305,000 | MiamiMLS |
| Mar 25, 2021 | Listed | $280,000 | MiamiMLS |
| Jul 8, 2016 | Sold | $213,000 | MiamiMLS |
| May 2, 2016 | Listing removed | $1,650 | MiamiMLS |
| Apr 26, 2016 | Listed for rent | $1,650 | MiamiMLS |
| Mar 15, 2016 | Listing removed | $1,700 | MiamiMLS |
| Feb 3, 2016 | Listed | $220,000 | MiamiMLS |
| Feb 2, 2016 | Listed for rent | $1,700 | MiamiMLS |
| Sep 17, 2013 | Listing removed | $1,600 | MiamiMLS |
| Sep 12, 2013 | Listed for rent | $1,650 | MiamiMLS |
| Sep 20, 2012 | Listing removed | $1,650 | MiamiMLS |
| Sep 7, 2012 | Listed for rent | $1,700 | MiamiMLS |
| Dec 5, 2007 | Sold | $220,000 | Public Record |
| Mar 20, 2007 | Sold | $1,207,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2022 | $262,500 | — | $262,500 | $7,390 |
| 2021 | — | — | $187,567 | $5,356 |
| 2020 | — | — | $184,978 | $5,289 |
| 2019 | — | — | $180,820 | $5,195 |
| 2018 | — | — | $177,449 | $5,047 |
| 2017 | $173,800 | — | $173,800 | $5,103 |
| 2016 | — | — | $151,481 | $5,388 |
| 2015 | — | — | $137,710 | $5,182 |
| 2014 | — | — | $125,191 | $4,919 |
| 2013 | — | — | $113,810 | $4,653 |
| 2012 | — | — | $113,810 | $3,756 |
| 2011 | — | — | $116,156 | $3,013 |
| 2010 | — | — | $114,440 | $3,064 |
| 2009 | — | — | $134,630 | $3,265 |
| 2008 | — | — | $224,252 | $4,688 |
| 2007 | — | — | $24,861 | $1,495 |
Property facts
Year built
2007
Property type
townhomes
Stories
2
Beds
3
Baths
2
Living area
1,526 sqft
Lot size
1,832 sqft
ZIP code
33190
City
Cutler Bay
Street
224th Ter
Coordinates
25.55915, -80.33661
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,823
Gross rental yield
8.20%
Implied cap rate
5.33%
Trend-extrapolated value
—
Frequently asked questions
When did 8978 224th Ter last sell?
8978 224th Ter most recently sold on May 16, 2023 for $413,000.
What is the current tax assessment for 8978 224th Ter?
The most recent total assessment for 8978 224th Ter (year 2022) is $262,500 with $7,390 in property tax.
How does 8978 224th Ter's assessment compare to its last sale price?
The current assessment is 36.4% below the last sale price of $413,000.
When was 8978 224th Ter built?
8978 224th Ter was built in 2007.
How does 8978 224th Ter compare to others on 224th Ter?
We track 8 other properties on 224th Ter. Browse the list under "Other properties on 224th Ter" to compare beds, baths, and sale history.
What are the property facts for 8978 224th Ter?
8978 224th Ter is a 3 bed, 2 bath, 1,526 sqft, 1,832 sqft lot townhomes.
Is 8978 224th Ter a flip candidate?
Yes — 8978 224th Ter appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 8978 224th Ter a tax-appeal candidate?
No — 8978 224th Ter is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+1.1%
Implied 1-yr
+4.5%
2026 Q3
$513.5K
2026 Q4
$518.8K
ZIP 33190 — Median Price History + Forecast
Explore nearby
Geography
Other properties on 224th Ter