20500 SW 114 AVE, Cutler Bay, FL 33189

Parcel: 3060070050150 · Multifamily 2-9 Units · 2 Living Units · Zoning: 5700

Assessed Value (2025)
$410,854

Property Details

Beds
4
Baths
2
Living Sqft
1,736
Year Built
1971
Lot Sqft
12,031
Stories
1
MULTIFAMILY 2-9 UNITS : 2 LIVING UNITS

Sales History

1
$160,000
2004-07-01
2
$490,000+206%
2023-08-02
DONALD JUNOR &WROMY EIMY ESTRADA GOMEZ
3
$490,000
2023-08-15
4
$600,000+22%
2025-04-25
ROMY EIMY ESTRADA GOMEZYANNESY RODRIGUEZ GONZALEZ
5
$600,000
2025-05-05

Tax Assessment History

$410,854
Assessed (2025)
$410,854
Market Value
$360,132
Taxable Value
$7,332
Annual Tax
2024
$412,255
2025
$410,854
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $410,854 $410,854 $360,132 $7,332
2024 $412,255 $412,255 $362,255 $7,375

About 20500 SW 114 AVE, Cutler Bay, FL 33189

20500 SW 114 AVE, Cutler Bay, FL 33189 is a 4-bedroom, 2-bathroom multifamily 2-9 units : 2 living units built in 1971 with 1,736 square feet of living space on a 12,031 square foot lot. The property is currently owned by YANNESY RODRIGUEZ GONZALEZ YANELIS PAZ GUERRA, recorded as of 2026-04-19. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2025-05-05 for $600,000. There are 5 recorded sales for this property. The 2025 assessed value is $410,854 with a market value of $410,854.

This breaks down to $234,372 for the land and $176,482 for the building. The assessed value decreased 0% from $412,255 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 $582,629 recorded against this property.

20500 SW 114 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 2004 to 2025, with 5 recorded transactions in the public record.

The current assessed value represents 68% 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 $346 per square foot — a key metric for comparing value across Cutler Bay's real estate market..

Building Permits (1)

Permit #TypeStatusCost
C2024001038 building F $2,475

Current Owner

YANNESY RODRIGUEZ GONZALEZ YANELIS PAZ GUERRA
20500 SW 114 AVE, MIAMI, FL, 33189
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$4,508 — $8,195
Flood $400 — $800
Property/Wind $4,108 — $7,395

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$53,819
Median Home Value$291,500
Pop. Density5,579/sq mi

Neighborhood 20500

100%
Owner-Occ
0%
Investor
4
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
34
View full risk analysis →

Mortgages

ACTIVE
$589,132
~$582,629 bal.
UNITED WHOLESALE MORTGAGE LLC · 2025-05-05
1 satisfied mortgage
SATISFIED 2023-08-15
$434,976
READY MORTGAGE LENDERS LLC
Est. Total Balance $582,629
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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