21401 SW 113 AVE, Cutler Bay, FL 33189
Parcel: 3060070000140 · Multifamily 10 Units Plus · Multifamily 3 Or More Units · Zoning: 3800
Assessed Value (2025)
$6,500,000
Property Details
Beds
36
Baths
32
Living Sqft
110,218
Year Built
2016
Lot Sqft
188,483
Stories
3
MULTIFAMILY 10 UNITS PLUS : MULTIFAMILY 3 OR MORE UNITS
Sales History
1
$7,800
2011-10-17
SOUTH DADE COMMUNITY DEV LLC → BRANCH BANKING & TRUST CO
2
$725,000+9195%
2013-02-22
BRANCH BANKING & TRUST CO → G3 INVESTMENT TRUST LLC
3
$1,520,000+110%
2015-08-28
G3 INVESTMENT TRUST LLC → COQUINA PLACE ASSOCIATES LTD
Tax Assessment History
$6,500,000
Assessed (2025)
$6,500,000
Market Value
$6,500,000
Taxable Value
$132,335
Annual Tax
2024
$5,929,000
$6,235,000
2025
$6,500,000
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $6,500,000 | $6,500,000 | $6,500,000 | $132,335 | $942,415 | $5,557,585 |
| 2024 | $5,929,000 | $6,235,000 | $5,929,000 | $120,710 | $565,449 | $5,669,551 |
About 21401 SW 113 AVE, Cutler Bay, FL 33189
21401 SW 113 AVE, Cutler Bay, FL 33189 is a 36-bedroom, 32-bathroom multifamily 10 units plus : multifamily 3 or more units built in 2016 with 110,218 square feet of living space on a 188,483 square foot lot. The property is currently owned by COQUINA PLACE ASSOCIATES LTD, recorded as of 2026-03-29. The mailing address differs from the property address, suggesting this may be an investment property or rental.
The most recent sale was on 2015-08-28 for $1,520,000, when G3 INVESTMENT TRUST LLC sold to COQUINA PLACE ASSOCIATES LTD. The property has appreciated $795,000 (110%) since the prior sale of $725,000 on 2013-02-22. There are 3 recorded sales for this property.
The 2025 assessed value is $6,500,000 with a market value of $6,500,000. This breaks down to $942,415 for the land and $5,557,585 for the building. The assessed value increased 10% from $5,929,000 in 2024.
This property is located in FEMA Flood Zone X, which indicates minimal flood risk. Flood insurance is typically not required for properties in Zone X. The median household income in this area is $42,718, and the median home value is $319,200.
The population density is 5,016 people per square mile. 21401 SW 113 AVE, 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 sourced from miami_dade County public records.
The complete ownership history of this property spans from 2011 to 2015, with 3 recorded transactions in the public record. The current assessed value represents 428% of the most recent sale price. This high ratio could indicate the property was purchased below market value — a potential sign of a distressed sale or off-market deal.
Based on the most recent sale, this property traded at $14 per square foot — a key metric for comparing value across Cutler Bay's real estate market..
Building Permits (6)
| Permit # | Type | Description | Status | Date | Cost |
|---|---|---|---|---|---|
| C2023096835 | zips | F | — | ||
| S1994091489 | mechanical | expired | — | ||
| B1994079883 | plumbing | expired | — | ||
| S1994046678 | building | expired | $30,000 | ||
| C1994049335 | building | expired | $4,500 | ||
| S1990115827 | building | expired | $3,000 |
Current Owner
COQUINA PLACE ASSOCIATES LTD
160 S DIXIE HWY, HOLLYWOOD, FL, 33020
Since: 2026-03-29
View owner profile →
People Behind This Entity
Flood Zone
Zone X
Minimal risk
Est. Annual Insurance
$39,400 — $65,800
Flood $400 — $800
Property/Wind $39,000 — $65,000
Estimate based on FEMA flood zone, property value, and year built. Actual premiums vary based on elevation, mitigation features, roof condition, and insurer. Not a quote.
Neighborhood
Median Income$42,718
Median Home Value$319,200
Pop. Density5,016/sq mi
Neighborhood 21401
100%
Owner-Occ
0%
Investor
0
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
34
Zoom in to see property sales