20200 SW 115 AVE, Cutler Bay, FL 33189

Parcel: 3060070060910 · Residential - Single Family · 1 Unit · Zoning: 0100

Assessed Value (2025)
$110,605

Property Details

Beds
3
Baths
2
Living Sqft
2,003
Year Built
1966
Lot Sqft
7,500
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$30,500
1972-01-01
2
$47,500+56%
1979-10-01

Tax Assessment History

$110,605
Assessed (2025)
$427,876
Market Value
$54,883
Taxable Value
$1,117
Annual Tax
2024
$107,488
$429,441
2025
$110,605
$427,876
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $110,605 $427,876 $54,883 $1,117
2024 $107,488 $429,441 $52,488 $1,069

About 20200 SW 115 AVE, Cutler Bay, FL 33189

20200 SW 115 AVE, Cutler Bay, FL 33189 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1966 with 2,003 square feet of living space on a 7,500 square foot lot. The property is currently owned by A L WALLACE JR, 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 1979-10-01 for $47,500. The property has appreciated $17,000 (56%) since the prior sale of $30,500 on 1972-01-01. The 2025 assessed value is $110,605 with a market value of $427,876.

This breaks down to $232,500 for the land and $195,376 for the building. The assessed value increased 3% from $107,488 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. 20200 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 1972 to 1979, with 2 recorded transactions in the public record. The current assessed value represents 233% 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 $24 per square foot — a key metric for comparing value across Cutler Bay's real estate market..

Building Permits (1)

Permit #TypeStatusCost
C1993035948 building expired $14,800

Current Owner

A L WALLACE JR
20200 SW 115 AVE, MIAMI, FL, 33189-1025
Since: 2026-03-29
View owner profile →

Est. Annual Insurance

$1,900 — $3,800
Flood $400 — $800
Property/Wind $1,500 — $3,000

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

Neighborhood 20200

100%
Owner-Occ
0%
Investor
4
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
36
View full risk analysis →
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