20340 SW 116 RD, Cutler Bay, FL 33189

Parcel: 3060070080010 · Residential - Single Family · 1 Unit · Zoning: 0100

Assessed Value (2025)
$452,168

Property Details

Beds
4
Baths
2
Living Sqft
1,604
Year Built
1964
Lot Sqft
9,973
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$92,000
1999-10-01
2
$200,000+117%
2021-06-22
SHEILA Y LUCAS GEORGECABRERA INDUSTRIES LLC
3
$474,000+137%
2021-11-15
CABRERA INDUSTRIES LLCALEXANDER RAMIREZ

Tax Assessment History

$452,168
Assessed (2025)
$519,679
Market Value
$401,446
Taxable Value
$8,173
Annual Tax
2024
$439,425
$522,376
2025
$452,168
$519,679
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $452,168 $519,679 $401,446 $8,173
2024 $439,425 $522,376 $389,425 $7,928

About 20340 SW 116 RD, Cutler Bay, FL 33189

20340 SW 116 RD, Cutler Bay, FL 33189 is a 4-bedroom, 2-bathroom residential - single family : 1 unit built in 1964 with 1,604 square feet of living space on a 9,973 square foot lot. The property is currently owned by ALEXANDER RAMIREZ MILENA FALCON RAMIREZ, 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 2021-11-15 for $474,000, when CABRERA INDUSTRIES LLC sold to ALEXANDER RAMIREZ. The property has appreciated $274,000 (137%) since the prior sale of $200,000 on 2021-06-22. There are 3 recorded sales for this property.

The 2025 assessed value is $452,168 with a market value of $519,679. This breaks down to $270,832 for the land and $248,847 for the building. The assessed value increased 3% from $439,425 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 $408,234 recorded against this property. 20340 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 sourced from miami_dade County public records.

The complete ownership history of this property spans from 1999 to 2021, with 3 recorded transactions in the public record. The current assessed value represents 95% of the most recent sale price. Based on the most recent sale, this property traded at $296 per square foot — a key metric for comparing value across Cutler Bay's real estate market..

Current Owner

ALEXANDER RAMIREZ MILENA FALCON RAMIREZ
20340 SW 116 RD, MIAMI, FL, 33189
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$5,826 — $10,747
Flood $400 — $800
Property/Wind $5,426 — $9,947

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 20340

100%
Owner-Occ
0%
Investor
1
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
29
View full risk analysis →

Mortgages

ACTIVE
$430,560
~$408,234 bal.
TRUST MORTGAGE LENDING CORP · 2021-12-01
Est. Total Balance $408,234
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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