10950 CARIBBEAN BLVD, Cutler Bay, FL 33189

Parcel: 3060070090020 · Multifamily 10 Units Plus · Multifamily 3 Or More Units · Zoning: 4100

Assessed Value (2025)
$1,926,755

Property Details

Beds
24
Baths
20
Living Sqft
13,380
Year Built
1963
Lot Sqft
33,541
Stories
1
MULTIFAMILY 10 UNITS PLUS : MULTIFAMILY 3 OR MORE UNITS

Sales History

1
$3,100,000
1984-08-01
2
N/Anon-market transfer
1996-08-01
3
$14,000,000
2016-10-26
AMERICAN FEDERATED TITLE CORP TRS 10960 SW 200TH AVENUE LLC

Tax Assessment History

$1,926,755
Assessed (2025)
$2,513,000
Market Value
$1,926,755
Taxable Value
$39,227
Annual Tax
2024
$1,751,596
$2,513,000
2025
$1,926,755
$2,513,000
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $1,926,755 $2,513,000 $1,926,755 $39,227
2024 $1,751,596 $2,513,000 $1,751,596 $35,661

About 10950 CARIBBEAN BLVD, Cutler Bay, FL 33189

10950 CARIBBEAN BLVD, Cutler Bay, FL 33189 is a 24-bedroom, 20-bathroom multifamily 10 units plus : multifamily 3 or more units built in 1963 with 13,380 square feet of living space on a 33,541 square foot lot. The property is currently owned by 10960 SW 200TH AVENUE LLC, 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 2016-10-26 for $14,000,000, when AMERICAN FEDERATED TITLE CORP TRS sold to 10960 SW 200TH AVENUE LLC. There are 3 recorded sales for this property. The 2025 assessed value is $1,926,755 with a market value of $2,513,000.

This breaks down to $503,115 for the land and $2,009,885 for the building. The assessed value increased 10% from $1,751,596 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. 10950 CARIBBEAN BLVD, 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 1984 to 2016, with 3 recorded transactions in the public record. The current assessed value represents 14% 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 $1046 per square foot — a key metric for comparing value across Cutler Bay's real estate market..

Current Owner

10960 SW 200TH AVENUE LLC
2431 ATLANTIC AVE STE 1, MANASQUAN, NJ, 08736
Since: 2026-03-29
View owner profile →

Est. Annual Insurance

$23,521 — $43,188
Flood $400 — $800
Property/Wind $23,121 — $42,388

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 10950

100%
Owner-Occ
0%
Investor
1,776
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
35
View full risk analysis →
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