20420 SW 116 RD, Cutler Bay, FL 33189

Parcel: 3060070080040 · Residential - Single Family · 1 Unit · Zoning: 0100

Assessed Value (2025)
$96,702

Property Details

Beds
2
Baths
2
Living Sqft
1,320
Year Built
1964
Lot Sqft
7,500
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$63,500
1991-11-01
2
N/Anon-market transfer
2006-10-01
3
$540,000
2025-05-27
SUSAN ANDERSON TRSRICHARD QUESADA ROMERO
4
$540,000
2025-06-10

Tax Assessment History

$96,702
Assessed (2025)
$374,117
Market Value
$45,980
Taxable Value
$936
Annual Tax
2024
$93,977
$375,250
2025
$96,702
$374,117
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $96,702 $374,117 $45,980 $936
2024 $93,977 $375,250 $43,977 $895

About 20420 SW 116 RD, Cutler Bay, FL 33189

20420 SW 116 RD, Cutler Bay, FL 33189 is a 2-bedroom, 2-bathroom residential - single family : 1 unit built in 1964 with 1,320 square feet of living space on a 7,500 square foot lot. The property is currently owned by RICHARD QUESADA ROMERO LEYDIANA CAMPOAMOR ARCE, 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 2025-06-10 for $540,000. There are 4 recorded sales for this property. The 2025 assessed value is $96,702 with a market value of $374,117.

This breaks down to $232,500 for the land and $141,617 for the building. The assessed value increased 3% from $93,977 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 $507,788 recorded against this property.

20420 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 1991 to 2025, with 4 recorded transactions in the public record.

The current assessed value represents 18% 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 $409 per square foot — a key metric for comparing value across Cutler Bay's real estate market..

Current Owner

RICHARD QUESADA ROMERO LEYDIANA CAMPOAMOR ARCE
20420 SW 116 RD, MIAMI, FL, 33189
Since: 2026-04-19
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 20420

100%
Owner-Occ
0%
Investor
3
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
31
View full risk analysis →

Mortgages

ACTIVE
$513,000
~$507,788 bal.
MEGA CAPITAL FUNDING INC · 2025-06-10
Est. Total Balance $507,788
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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