20540 SW 114 CT, Cutler Bay, FL 33189

20540 SW 114 CT, Cutler Bay, FL 33189 is a 2-bedroom, 1-bathroom residential - single family : 1 unit built in 1961 with 1,134 square feet of living space on a 8,625 square foot lot. The property is currently owned by ROMUALDO RUIZ, recorded as of 2026-03-29. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 1993-02-01 for $25,000. The property sold for $24,000 less than the prior sale of $49,000 on 1981-01-01. There are 3 recorded sales for this property.

The 2025 assessed value is $70,862 with a market value of $358,804. This breaks down to $249,938 for the land and $108,866 for the building. The assessed value increased 3% from $68,865 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.

20540 SW 114 CT, 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 1979 to 1993, with 3 recorded transactions in the public record.

The current assessed value represents 283% 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 $22 per square foot — a key metric for comparing value across Cutler Bay's real estate market..