20825 SW 114 CT, Cutler Bay, FL 33189

Parcel: 3060070081350 · Multifamily 2-9 Units · 2 Living Units · Zoning: 0100

Assessed Value (2025)
$295,236

Property Details

Beds
5
Baths
2
Living Sqft
2,020
Year Built
1969
Lot Sqft
11,250
Stories
1
MULTIFAMILY 2-9 UNITS : 2 LIVING UNITS

Sales History

1
N/Anon-market transfer
1991-05-01
2
$100,000
2002-01-01
3
$200,000+100%
2005-02-01

Tax Assessment History

$295,236
Assessed (2025)
$441,569
Market Value
$295,236
Taxable Value
$6,011
Annual Tax
2024
$268,397
$479,868
2025
$295,236
$441,569
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $295,236 $441,569 $295,236 $6,011
2024 $268,397 $479,868 $268,397 $5,464

About 20825 SW 114 CT, Cutler Bay, FL 33189

20825 SW 114 CT, Cutler Bay, FL 33189 is a 5-bedroom, 2-bathroom multifamily 2-9 units : 2 living units built in 1969 with 2,020 square feet of living space on a 11,250 square foot lot. The property is currently owned by GUILLERMO PERMUY, 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 2005-02-01 for $200,000. The property has appreciated $100,000 (100%) since the prior sale of $100,000 on 2002-01-01. There are 3 recorded sales for this property.

The 2025 assessed value is $295,236 with a market value of $441,569. This breaks down to $252,338 for the land and $189,231 for the building. The assessed value increased 10% from $268,397 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. 20825 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 1991 to 2005, with 3 recorded transactions in the public record. The current assessed value represents 148% 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 $99 per square foot — a key metric for comparing value across Cutler Bay's real estate market..

Current Owner

GUILLERMO PERMUY
8259 NW 7 ST, MIAMI, FL, 33126-3901
Since: 2026-03-29
View owner profile →

Est. Annual Insurance

$3,942 — $7,295
Flood $400 — $800
Property/Wind $3,542 — $6,495

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 20825

100%
Owner-Occ
0%
Investor
0
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
21
View full risk analysis →
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