20505 SW 114 PL, Cutler Bay, FL 33189

Parcel: 3060070081250 · Residential - Single Family · 1 Unit · Zoning: 0100

Assessed Value (2025)
$380,048

Property Details

Beds
3
Baths
2
Living Sqft
1,134
Year Built
1961
Lot Sqft
8,625
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
N/Anon-market transfer
2024-06-16
OTTO ALVAREZ GARCIA EST OFEDITA B MENDEZ MARRERO LE
2
N/A
2024-06-17
3
N/A
2024-07-10
4
$400,000
2024-09-25
EDITA B MENDEZ MARRERO LECHIC HOMES LLC
5
$400,000
2024-10-01
6
$574,000+44%
2025-02-26
CHIC HOMES LLCLIANNY LIMIA PEREZ
7
$574,000
2025-03-13

Tax Assessment History

$380,048
Assessed (2025)
$380,048
Market Value
$380,048
Taxable Value
$7,737
Annual Tax
2024
$381,035
2025
$380,048
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $380,048 $380,048 $380,048 $7,737
2024 $381,035 $381,035 $381,035 $7,758

About 20505 SW 114 PL, Cutler Bay, FL 33189

20505 SW 114 PL, Cutler Bay, FL 33189 is a 3-bedroom, 2-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 LIANNY LIMIA PEREZ NORKA MARTINEZ SIERRA, 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 2025-03-13 for $574,000. There are 7 recorded sales for this property. The 2025 assessed value is $380,048 with a market value of $380,048.

This breaks down to $249,938 for the land and $130,110 for the building. The assessed value decreased 0% from $381,035 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 $532,648 recorded against this property. 20505 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 2024 to 2025, with 7 recorded transactions in the public record. The current assessed value represents 66% of the most recent sale price.

This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase. Based on the most recent sale, this property traded at $506 per square foot — a key metric for comparing value across Cutler Bay's real estate market..

Current Owner

LIANNY LIMIA PEREZ NORKA MARTINEZ SIERRA
20505 SW 114 PL, MIAMI, FL, 33189
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$4,960 — $9,161
Flood $400 — $800
Property/Wind $4,560 — $8,361

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 20505

100%
Owner-Occ
0%
Investor
3
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
26
View full risk analysis →

Mortgages

ACTIVE
$539,560
~$532,648 bal.
KIND LENDING LLC · 2025-03-13
Est. Total Balance $532,648
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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