For SaleRisky Deal1 days on market
8402 SW 208th St
8402 SW 208th St, Cutler Bay, FL 33189, Cutler Bay, FL 33189
$450,000
Listing Price
8402 SW 208th St, Cutler Bay, FL 33189
Loc: Cutler Bay, FL
Days Listed
1
Tax Assessed
$360k
Type
townhouse
More Than Just a Property
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4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
5
Dr. Edward L. Whigham Elementary School
PK-5
0.7 mi away
5
Cutler Bay Middle
6-8
1.7 mi away
3
Miami Southridge Senior High School
8-12
3.2 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
Mediterraneantownhousestucco exteriorterracotta roof tilessingle-car garagepalm treelandscaped gardentwo-storydrivewaysuburbanresidentialSpanish style influencewell-maintainedprivate entrance
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
6.01%
Total ROI
89.4%
Cash Flow
$-82/mo
DSCR
0.96
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-82/mo net cash flow with a 6.0% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.0%)
- • Strong rental demand in Cutler Bay
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-24 | Listed for sale | $450,000 | $281 |
| 2024-07-12 | Sold | $450,000 | $281 |
| 2024-06-11 | Contingent | $485,000 | $303 |
| 2024-05-18 | Price change | $485,000 | $303 |
| 2024-05-15 | Listed for sale | $495,000 | $309 |
| 2024-04-26 | Contingent | $495,000 | $309 |
| 2024-03-27 | Listed for sale | $495,000 | $309 |
| 2022-05-19 | Sold | $400,000 | $250 |
| 2022-04-16 | Pending sale | $395,000 | $247 |
| 2022-04-04 | Listed for sale | $395,000 | $247 |
| 2019-06-20 | Sold | $252,500 | $158 |
| 2019-04-11 | Pending sale | $255,000 | $159 |
| 2019-04-06 | Price change | $255,000 | $159 |
| 2019-03-31 | Listed for sale | $246,000 | $154 |
| 2018-10-23 | Listing removed | $1,750 | $1 |
| 2018-09-10 | Price change | $1,750 | $1 |
| 2018-08-21 | Listed for rent | $1,800 | $1 |
| 2018-03-30 | Listing removed | $1,800 | $1 |
| 2018-02-28 | Listed for rent | $1,800 | $1 |
| 2004-10-29 | Sold | $155,000 | $97 |
| 1998-02-11 | Sold | $72,000 | $45 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $6,485.05 | $360,000 |
| 2024 | $6,403.28 | $360,000 |
| 2023 | $6,569.73 | $335,000 |
| 2022 | $3,542.92 | $210,189 |
| 2021 | $3,501.83 | $204,067 |
| 2020 | $3,428.27 | $201,250 |
| 2019 | $3,558.31 | $164,843 |
| 2018 | $3,296.02 | $149,858 |
| 2017 | $3,296.02 | $136,235 |
| 2016 | $3,012.32 | $123,850 |
| 2015 | $929.15 | $52,908 |
| 2014 | $936.76 | $52,489 |
| 2013 | $924.69 | $51,714 |
| 2012 | $924.69 | $50,850 |
| 2011 | $1,029.52 | $63,560 |
| 2010 | $1,127.81 | $70,620 |
| 2009 | $2,657.13 | $113,900 |
| 2007 | $3,662.38 | $169,890 |
| 2004 | $873.92 | $0 |
| 2003 | $803.95 | $0 |
| 2002 | $817.35 | $0 |
| 2001 | $817.35 | $0 |
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