$448,355 - $458,000
RENTED MAY 16, 2025

8861 SW 221st Terrace Unit 8861 Cutler Bay, FL 33190

3 Beds
2.5 Baths
1,812 Sq Ft
$251 Price per Sq Ft

Highlights

  • Lake Front
  • No HOA
  • 1 Car Garage

About This Home

As of May 2025

Beautiful corner-unit townhome with a lake view in the Cutler Bay area. The property features three bedrooms, 2 1/2 baths, tile flooring throughout the first floor, laminate flooring on the second floor, and a one-car garage. All bedrooms are on the second floor, including the master bedroom with a walk-in closet. The kitchen has granite countertops, stainless appliances, a washer, and dryer, available inside the property. Amenities include resort-style pools, a clubhouse, a gym, a child playground, and more. Easy to Show.

Last Agent to Rent the Property

Karen Puig Otero

Florida Realty of Miami Corp License #3293914 Listed on: 02/25/2025

Florida Realty of Miami Corp

Last Renter's Agent

Carolina Larco

La Rosa Realty Kendall, LLC. License #3342538

La Rosa Realty Kendall, LLC.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $8,444

Year Built

  • Built in 2006

Lot Details

  • 1,787 Sq Ft Lot
  • Lake Front

Parking

  • 1 Car Garage

Home Design

  • 1,812 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms

Listing and Financial Details

  • Property Available on 2/25/25
  • Assessor Parcel Number 36-60-16-014-1700

Community Details

Overview

  • No Home Owners Association
  • Lakes By The Bay Jay Condos
  • Lakes By The Bay Jay Subdivision

Pet Policy

  • Breed Restrictions

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$8,444

Year Built

Built in 2006

Lot Details

0

Parking

1

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions
  • Available Date: 2025-02-25

Listing Details

  • Property Type: Residential Lease
  • Year Built: 2006
  • Property Sub Type: Townhouse
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: None
  • New Construction: No
  • Structure Type: Townhouse/Villa-Annual, Townhouse
  • Subdivision Name: LAKES BY THE BAY JAY
  • MIAMIRE_PoolYN: No
  • MIAMIRE_PetsAllowedYN: Yes
  • Special Features: VirtualTour

Interior Features

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Furnished: Unfurnished
  • Living Area: 1812

Exterior Features

  • Pool Private: No
  • View: No
  • Waterfront Features: Lake
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: LAKES BY THE BAY JAY
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 2 Spaces, Limited # Of Vehicle

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 36-60-16-014-1700
  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 1787
  • Zoning: 3002

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 26, 2016
Sold by
Deutsche Bank National Trust Co
Bought by
Aldila I Llc
Current Estimated Value
$454,713

Purchase Details

Closed on
Aug 9, 2016
Sold by
Isles At Bayshore Master Assn Inc
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Feb 16, 2006
Sold by
Pride Homes Of Lakes By The Bay Parcel J
Bought by
Osorio Guillermo and Osorio Flor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,150
Interest Rate
7.25%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Aldila I Llc $173,800 Concorde Land Title Services
Deutsche Bank National Trust Company $177,100 None Available
Osorio Guillermo $258,000 Title Company Of America Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Osorio Guillermo $232,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2025 05/16/25 Rented $2,850 0.0% --
04/28/2025 04/28/25 Under Contract -- -- --
04/10/2025 04/10/25 Price Changed $2,850 -5.0% $2 / Sq Ft
02/25/2025 02/25/25 For Rent $3,000 +42.9% --
03/06/2021 03/06/21 Rented $2,100 0.0% --
02/07/2021 02/07/21 Under Contract -- -- --
01/14/2021 01/14/21 For Rent $2,100 -- --
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $8,444 $312,584 -- --
2024 $7,781 $284,168 -- --
2023 $7,781 $258,335 $0 $0
2022 $7,025 $234,850 $0 $0
2021 $6,517 $213,500 $0 $0
2020 $6,272 $207,500 $0 $0
2019 $5,852 $180,500 $0 $0
2018 $5,752 $180,500 $0 $0
2017 $5,727 $172,100 $0 $0
2016 $5,156 $138,516 $0 $0
2015 $4,937 $125,924 $0 $0
2014 -- $114,477 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11751891

MIAMI REALTORS® MLS

APN: 36-6016-014-1700