20625 SW 114 PL, Cutler Bay, FL 33189
Parcel: 3060070081190 · Residential - Single Family · 1 Unit · Zoning: 0100
Assessed Value (2025)
$369,189
Property Details
Beds
3
Baths
2
Living Sqft
1,418
Year Built
1961
Lot Sqft
8,625
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT
Sales History
1
$25,000
1995-12-01
2
$436,500+1646%
2022-07-28
THELMA WAITE BLAKE → LUISA ELSABELIA MARTINEZ MORRAZ
3
$436,500
2022-08-03
Tax Assessment History
$369,189
Assessed (2025)
$404,346
Market Value
$318,467
Taxable Value
$6,484
Annual Tax
2024
$358,785
$404,494
2025
$369,189
$404,346
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $369,189 | $404,346 | $318,467 | $6,484 | $249,938 | $154,408 |
| 2024 | $358,785 | $404,494 | $308,785 | $6,287 | $249,938 | $154,556 |
About 20625 SW 114 PL, Cutler Bay, FL 33189
20625 SW 114 PL, Cutler Bay, FL 33189 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1961 with 1,418 square feet of living space on a 8,625 square foot lot. The property is currently owned by LUISA ELSABELIA MARTINEZ MORRAZ JAMES ANTHONY WELCH, 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 2022-08-03 for $436,500. There are 3 recorded sales for this property. The 2025 assessed value is $369,189 with a market value of $404,346.
This breaks down to $249,938 for the land and $154,408 for the building. The assessed value increased 3% from $358,785 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 $396,800 recorded against this property.
20625 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 1995 to 2022, with 3 recorded transactions in the public record.
The current assessed value represents 85% of the most recent sale price. Based on the most recent sale, this property traded at $308 per square foot — a key metric for comparing value across Cutler Bay's real estate market..
Building Permits (2)
| Permit # | Type | Description | Status | Date | Cost |
|---|---|---|---|---|---|
| C2024000752 | building | F | $23,089 | ||
| C2023170061 | building | F | $15,000 |
Current Owner
LUISA ELSABELIA MARTINEZ MORRAZ JAMES ANTHONY WELCH
20625 SW 114 PL, MIAMI, FL, 33189
Since: 2026-04-19
View owner profile →
Est. Annual Insurance
$4,830 — $8,922
Flood $400 — $800
Property/Wind $4,430 — $8,122
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 20625
100%
Owner-Occ
0%
Investor
1
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
24
Mortgages
ACTIVE
$414,675
DG PINNACLE FUNDING LLC · 2022-08-03
Est. Total Balance $396,800
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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