20521 SW 116 RD, Cutler Bay, FL 33189

20521 SW 116 RD, Cutler Bay, FL 33189 is a 2-bedroom, 1-bathroom residential - single family : 1 unit built in 1961 with 1,449 square feet of living space on a 8,222 square foot lot. The property is currently owned by EDGAR REYES, recorded as of 2026-03-29. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2003-07-01 for $140,000. The property has appreciated $69,000 (97%) since the prior sale of $71,000 on 1997-04-01. There are 3 recorded sales for this property.

The 2025 assessed value is $83,334 with a market value of $377,638. This breaks down to $243,691 for the land and $133,947 for the building. The assessed value increased 3% from $80,986 in 2024.

The property has the following tax exemptions: homestead. The median household income in this area is $53,819, and the median home value is $291,500. The population density is 5,579 people per square mile.

There are active mortgage liens totaling $52,351 recorded against this property. 20521 SW 116 RD, Cutler Bay, FL 33189 is located in Cutler Bay, Florida. Property records, tax assessments, sales history, and ownership information for this Cutler Bay property are available through Miami-Dade County public records.

The complete ownership history of this property spans from 1996 to 2003, with 3 recorded transactions in the public record. The current assessed value represents 60% of the most recent sale price. This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase.

Based on the most recent sale, this property traded at $97 per square foot — a key metric for comparing value across Cutler Bay's real estate market..