20525 SW 114 CT, Cutler Bay, FL 33189

Parcel: 3060070081490 · Residential - Single Family · 1 Unit · Zoning: 0100

Assessed Value (2025)
$108,847

Property Details

Beds
3
Baths
2
Living Sqft
1,800
Year Built
1961
Lot Sqft
8,250
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$44,900
1980-03-01
2
$57,000+27%
1981-04-01

Tax Assessment History

$108,847
Assessed (2025)
$427,744
Market Value
$0
Taxable Value
2024
$105,780
$428,266
2025
$108,847
$427,744
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $108,847 $427,744 $0
2024 $105,780 $428,266 $0

About 20525 SW 114 CT, Cutler Bay, FL 33189

20525 SW 114 CT, Cutler Bay, FL 33189 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1961 with 1,800 square feet of living space on a 8,250 square foot lot. The property is currently owned by CAMRAJ RAMJIT &W CHANROWTEE & UDDEY RAMJIT, 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 1981-04-01 for $57,000. The property has appreciated $12,100 (27%) since the prior sale of $44,900 on 1980-03-01. The 2025 assessed value is $108,847 with a market value of $427,744.

This breaks down to $244,125 for the land and $183,619 for the building. The assessed value increased 3% from $105,780 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. 20525 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 1980 to 1981, with 2 recorded transactions in the public record. The current assessed value represents 191% 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 $32 per square foot — a key metric for comparing value across Cutler Bay's real estate market..

Building Permits (2)

Permit #TypeStatusCost
W2024117082 building F
S1993318496 building expired $7,200

Current Owner

CAMRAJ RAMJIT &W CHANROWTEE & UDDEY RAMJIT
20525 SW 114 CT, MIAMI, FL, 33189-1010
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$1,900 — $3,800
Flood $400 — $800
Property/Wind $1,500 — $3,000

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 20525

100%
Owner-Occ
0%
Investor
2
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
31
View full risk analysis →
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