20520 SW 116 RD, Cutler Bay, FL 33189

Parcel: 3060070080080 · Residential - Single Family · 1 Unit · Zoning: 0100

Assessed Value (2025)
$437,635

Property Details

Beds
3
Baths
2
Living Sqft
1,260
Year Built
1964
Lot Sqft
7,957
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$285,000
2017-04-28
NEW PROJECT PROPERTIES CORPGREGG T DAVIS
2
$271,000-5%
2021-02-18
GREGG T DAVISMEDEROS INVESTMENTS LLC
3
$420,000+55%
2021-07-19
MEDEROS INVESTMENTS LLCLUIS M DEL RISCO

Tax Assessment History

$437,635
Assessed (2025)
$462,153
Market Value
$386,913
Taxable Value
$7,877
Annual Tax
2024
$425,302
$464,584
2025
$437,635
$462,153
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $437,635 $462,153 $386,913 $7,877
2024 $425,302 $464,584 $375,302 $7,641

About 20520 SW 116 RD, Cutler Bay, FL 33189

20520 SW 116 RD, Cutler Bay, FL 33189 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1964 with 1,260 square feet of living space on a 7,957 square foot lot. The property is currently owned by LUIS M DEL RISCO AYLEEN GARCIA SONORA, 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 2021-07-19 for $420,000, when MEDEROS INVESTMENTS LLC sold to LUIS M DEL RISCO . The property has appreciated $149,000 (55%) since the prior sale of $271,000 on 2021-02-18. There are 3 recorded sales for this property.

The 2025 assessed value is $437,635 with a market value of $462,153. This breaks down to $239,584 for the land and $222,569 for the building. The assessed value increased 3% from $425,302 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 $374,725 recorded against this property. This property currently has 1 open code violation on record with miami_dade code enforcement. Open violations can affect property value and may need to be resolved before a sale can close.

20520 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 2017 to 2021, with 3 recorded transactions in the public record.

The current assessed value represents 104% of the most recent sale price. There is 1 active building permit on this property, indicating ongoing construction or renovation work. Based on the most recent sale, this property traded at $333 per square foot — a key metric for comparing value across Cutler Bay's real estate market..

Building Permits (3)

Permit #TypeStatusCost
C2026076217 building A
C2025049407 building F $5,850
C2024154629 building F $8,100

Code Violations 1 open

20240230057 open
2024-05-07

Distress Signals

  • 1 open code violation

Current Owner

LUIS M DEL RISCO AYLEEN GARCIA SONORA
20520 SW 116 RD, MIAMI, FL, 33189
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$5,651 — $10,427
Flood $400 — $800
Property/Wind $5,251 — $9,627

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 20520

100%
Owner-Occ
0%
Investor
2
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
34
View full risk analysis →

Mortgages

ACTIVE
$398,249
~$374,725 bal.
UNITED WHOLESALE MORTGAGE · 2021-08-02
Est. Total Balance $374,725
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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