20531 SW 116 RD, Cutler Bay, FL 33189

Parcel: 3060070080530 · Residential - Single Family · 1 Unit · Zoning: 0100

Assessed Value (2025)
$403,542

Property Details

Beds
3
Baths
2
Living Sqft
1,486
Year Built
1961
Lot Sqft
8,222
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$56,500
1983-07-01
2
N/Anon-market transfer
2022-11-08
CAROL TRAMUTOLA EST OFNICOLA LOUIS BRUNO
3
N/A
2022-11-08
4
$440,000
2023-03-23
NICOLA LOUIS BRUNOADRIEL FARINAS
5
$440,000
2023-04-14

Tax Assessment History

$403,542
Assessed (2025)
$403,542
Market Value
$403,542
Taxable Value
$8,216
Annual Tax
2024
$404,034
2025
$403,542
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $403,542 $403,542 $403,542 $8,216
2024 $404,034 $404,034 $404,034 $8,226

About 20531 SW 116 RD, Cutler Bay, FL 33189

20531 SW 116 RD, Cutler Bay, FL 33189 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1961 with 1,486 square feet of living space on a 8,222 square foot lot. The property is currently owned by ADRIEL FARINAS LESLY BENCOMO PERDOMO, 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 2023-04-14 for $440,000. There are 5 recorded sales for this property. The 2025 assessed value is $403,542 with a market value of $403,542.

This breaks down to $243,691 for the land and $159,851 for the building. The assessed value decreased 0% from $404,034 in 2024. 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 $417,112 recorded against this property. 20531 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 1983 to 2023, with 5 recorded transactions in the public record. The current assessed value represents 92% 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..

Building Permits (1)

Permit #TypeStatusCost
W2023100547 building F

Current Owner

ADRIEL FARINAS LESLY BENCOMO PERDOMO
20531 SW 116 RD, MIAMI, FL, 33189
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$5,242 — $9,677
Flood $400 — $800
Property/Wind $4,842 — $8,877

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 20531

100%
Owner-Occ
0%
Investor
1
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
20
View full risk analysis →

Mortgages

ACTIVE
$432,030
~$417,112 bal.
AMCAP MORTGAGE LTD · 2023-04-14
Est. Total Balance $417,112
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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