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$479,000 Sale Pending

  • For Sale
  • Pending
  • Townhouse
  • 3 Beds
  • 2 Full Baths
  • 1 Partial Bath
  • 1,812 Sq. Ft.
  • Updated 9 days ago
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BEST VALUE IN LAKES BY THE BAY! Same model as 8905 SW 221st Ter directly across the street, which closed at $500,000 in April 2026, priced $21K below at $479,000. This spacious 1,812 sq ft corner unit townhome offers 3 bedrooms, 2 1/2 bathrooms, and a rare layout that lives like a single-family home, without the single-family price tag. Key upgrades for peace of mind: brand new 2022 HVAC, high-efficiency appliances, durable granite kitchen with center island, walk in pantry, no carpet anywhere, tile and laminate flooring from top to bottom. The spacious primary suite features high ceilings, a soaking tub, and a walk-in closet. Prime location within community directly across from the park, pool, and mailboxes. Resort-style amenities include a gym, clubhouse, spa/hot tub, and bike/jog paths. Minutes to Black Point Marina, Old Cutler Road, US-1, and the new SouthPlace City Center development. SELLERS ARE MOTIVATED and will contribute toward buyer closing costs or a rate buydown with a strong offer. Fast closing available. FHA/VA approved. Don't miss the opportunity to own the best-priced unit in the neighborhood.

Full Property Details for 8906 SW 221st Terrace

General

  • Price: $479,000
  • HOA FEE: $145/month
  • Taxes: $5,648 (2025)
  • Status: Pending
  • Type: Townhouse
  • Source: Greater_Miami
  • MLS ID: A12004792
  • Updated: 6/30/2026
  • Added to Site: 80 day(s) ago

Interior

  • Interior Features: First Floor Entry, Cooking Island, Pantry, Roman Tub, Vaulted Ceiling(s), Walk-In Closet(s), Utility Room/Laundry
  • Appliances: Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Electric Range, Refrigerator, Self-Cleaning Oven, Washer
  • Flooring: Ceramic Floor

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Primary Bathroom: Separate Tub & Shower

Bedrooms

  • Total Bedrooms: 3
  • Bedroom Features: Primary Bath Shower, Primary Bath Tub, Primary Bedroom Upstairs

Other Rooms

  • Living Room: Utility Room/Laundry Sq. Ft.
  • Eat-in kitchen: Yes
  • Dining Room: Dining/Living Room, Eat-In Kitchen
  • Laundry: Utility Room/Laundry

Additional Information

  • Shared Amenities: Bike/Jog Path, Child Play Area, Clubhouse-Clubroom, Community Room, Exercise Room, Exterior Lighting, Pool, Spa/Hot Tub
  • Maint. Includes: All Amenities, Common Area, Landscaping/Lawn Maintenance, Parking, Pool Service, Recreation Facilities, Reserve Fund, Security
  • Security/Safety: Fire Alarm, Smoke Detector, Complex Fenced, Other, Security Patrol
  • Equipment: Automatic Garage Door Opener

Exterior

  • Exterior Features: East Of Us1, Fruit Trees
  • Deck/Patio: Patio

Parking

  • Garage: Yes
  • Garage Spaces: 1
  • Covered Spaces: 1
  • Parking Features: 2 Or More Spaces

Location

  • Area: Lakes By The Bay Jay
  • County: Miami-Dade County
  • Subdivision: LAKES BY THE BAY JAY
  • Building Name: The Palms

Community

  • Community Name: Lakes By The Bay Jay
  • Association: Yes
  • Pets Allowed: Yes

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Ceiling Fan(s), Central Air
  • Heating Type: Central

Structural Information

  • Architectural Style: Corner Unit
  • Structure Type: Townhouse Fee Simple, Townhouse
  • Detached/Attached: Attached
  • Construction: CBS Construction
  • Windows: Complete Panel Shutters/Awnings, Hurricane Shutters, Blinds, Sliding
  • Entry Floor Number: 1
  • Building Size: 2024
  • Square Feet: 1,812
  • Living Area: 1,812 Sq. Ft.
  • Year Built: 2005

Lot Features

  • Property View: Garden View
  • Fencing (Description): Fenced

Green Features

  • Energy Efficient: Appliances

Financial Considerations

  • Price Per Sq. Ft.: $264.35
  • Association Fee: $145
  • Assoc Fee Freq.: Monthly
  • Tax Amount: $5,648
  • Tax Year: 2025
  • Terms: All Cash, Conventional, FHA, FHA-Va Approved

Disclosures and Reports

  • Legal Description: LAKES BY THE BAY JAY PB 161-97 T-21188 LOT 1 BLK 23 LOT SIZE 1824 SQ FT FAU 30 6016 000 0022 F/A/U 30-6016-014-1770 COC 24782-0947 07 2006 1
  • Restrictions: Corporate Buyer OK, Exterior Alterations, Ok To Lease, Okay To Lease 1st Year
  • Property ID: 36-60-16-014-1770

Listed by Luxe Properties

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— 8906 SW 221st Terrace —

  • Luxe Properties

  • Luxe Properties

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 8906 SW 221st Terrace

School District:Dade County School District
NameGradesDistance
Dr. Edward L. Whigham Elementary School
21545 Southwest 87th Avenue, Cutler Bay, FL 33189
PK-50.4 mi
Cutler Bay Middle
19400 Gulfstream Road, Cutler Bay, FL 33157
6-82 mi
Miami Southridge Senior High School
19355 Southwest 114th Avenue, Miami, FL 33157
9-123 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 8906 SW 221st Terrace Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/06/2026
Price Reduced
$479,000
-4.01%
MLS
4/20/2026
Listed
$499,000
184.33%
MLS
5/12/2014
Sold
$175,500
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 8906 SW 221st Terrace

Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,782
—
$210,530
3%
2024
$5,782
6%
$204,597
3%
2023
$5,473
4%
$198,638
6%
2021
$5,281
-1%
$187,236
-3%
2022
$5,326
1%
$192,853
4%
2021
$5,281
3%
$184,651
2%
2019
$5,120
-11%
$180,500
—
2018
$5,752
1%
$180,500
5%
2017
$5,722
7%
$172,100
10%
2016
$5,350
5%
$156,057
10%
2015
$5,114
2%
$141,870
5%
2014
$5,032
43%
$135,140
40%
2013
$3,516
—
$96,259
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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8906 SW 221st Ter, Cutler Bay, FL 33190 (MLS# A12004792) is a Townhouse property with 3 bedrooms, 2 full bathrooms and 1 partial bathroom. 8906 SW 221st Ter is currently listed for $479,000 and was received on April 20, 2026. Want to learn more about 8906 SW 221st Ter? Do you have questions about finding other Townhouse real estate for sale in Cutler Bay? You can browse all Cutler Bay real estate or contact a Coldwell Banker agent to request more information.

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