20500 SW 114 PL, Cutler Bay, FL 33189

Parcel: 3060070080860 · Residential - Single Family · 1 Unit · Zoning: 0100

Assessed Value (2025)
$284,665

Property Details

Beds
2
Baths
1
Living Sqft
1,113
Year Built
1962
Lot Sqft
10,075
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$250,000
2006-09-01
2
$1,100-100%
2013-03-28
FERMIN LAUDEUTSCHE BANK NATL TRUST CO TRS
3
$87,000+7809%
2014-11-24
DEUTSCHE BANK NATL TRUST CO TRS20500 INVESTMENTS LLC

Tax Assessment History

$284,665
Assessed (2025)
$393,341
Market Value
$284,665
Taxable Value
$5,796
Annual Tax
2024
$258,787
$394,387
2025
$284,665
$393,341
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $284,665 $393,341 $284,665 $5,796
2024 $258,787 $394,387 $258,787 $5,269

About 20500 SW 114 PL, Cutler Bay, FL 33189

20500 SW 114 PL, Cutler Bay, FL 33189 is a 2-bedroom, 1-bathroom residential - single family : 1 unit built in 1962 with 1,113 square feet of living space on a 10,075 square foot lot. The property is currently owned by 20500 INVESTMENTS LLC, recorded as of 2026-03-29. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2014-11-24 for $87,000, when DEUTSCHE BANK NATL TRUST CO TRS sold to 20500 INVESTMENTS LLC. The property has appreciated $85,900 (7809%) since the prior sale of $1,100 on 2013-03-28. There are 3 recorded sales for this property.

The 2025 assessed value is $284,665 with a market value of $393,341. This breaks down to $272,412 for the land and $120,929 for the building. The assessed value increased 10% from $258,787 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. 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. 20500 SW 114 PL, 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 2006 to 2014, with 3 recorded transactions in the public record. The current assessed value represents 327% 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 $78 per square foot — a key metric for comparing value across Cutler Bay's real estate market..

Code Violations 1 open

20090125409 open
2008-10-03

Distress Signals

  • 1 open code violation

Current Owner

20500 INVESTMENTS LLC
7062 NW 77 CT, MIAMI, FL, 33166
Since: 2026-03-29
View owner profile →

People Behind This Entity

Est. Annual Insurance

$3,815 — $7,062
Flood $400 — $800
Property/Wind $3,415 — $6,262

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 20500

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