20121 SW 115 AVE, Cutler Bay, FL 33189

Parcel: 3060070060840 · Residential - Single Family · 1 Unit · Zoning: 0100

Assessed Value (2025)
$216,004

Property Details

Beds
3
Baths
2
Living Sqft
2,102
Year Built
1964
Lot Sqft
7,500
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$64,000
1986-02-01
2
$108,000+69%
2002-08-01
3
$153,000+42%
2015-11-12
KENNETH MAXWELL RICARDO SOUTO

Tax Assessment History

$216,004
Assessed (2025)
$434,710
Market Value
$165,282
Taxable Value
$3,365
Annual Tax
2024
$209,917
$435,183
2025
$216,004
$434,710
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $216,004 $434,710 $165,282 $3,365
2024 $209,917 $435,183 $159,917 $3,256

About 20121 SW 115 AVE, Cutler Bay, FL 33189

20121 SW 115 AVE, Cutler Bay, FL 33189 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1964 with 2,102 square feet of living space on a 7,500 square foot lot. The property is currently owned by RICARDO SOUTO LISSANDRA LARA, 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 2015-11-12 for $153,000, when KENNETH MAXWELL sold to RICARDO SOUTO. The property has appreciated $45,000 (42%) since the prior sale of $108,000 on 2002-08-01. There are 3 recorded sales for this property.

The 2025 assessed value is $216,004 with a market value of $434,710. This breaks down to $232,500 for the land and $202,210 for the building. The assessed value increased 3% from $209,917 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.

20121 SW 115 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 1986 to 2015, with 3 recorded transactions in the public record.

The current assessed value represents 141% 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 $73 per square foot — a key metric for comparing value across Cutler Bay's real estate market..

Building Permits (3)

Permit #TypeStatusCost
B1993383515 electrical expired
S1993312009 building expired $5,545
S1993016527 building expired $11,695

Current Owner

RICARDO SOUTO LISSANDRA LARA
20121 SW 115 AVE, MIAMI, FL, 33189
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$2,992 — $5,552
Flood $400 — $800
Property/Wind $2,592 — $4,752

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 20121

100%
Owner-Occ
0%
Investor
0
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
30
View full risk analysis →
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