20500 SW 112 AVE, Cutler Bay, FL 33189
Parcel: 3060070260010 · Department Store · Retail Outlet · Zoning: 6051
Assessed Value (2025)
$13,000,000
Property Details
Living Sqft
129,203
Year Built
1997
Lot Sqft
423,795
Stories
1
DEPARTMENT STORE : RETAIL OUTLET
Sales History
1
$3,500,000
1995-10-01
Tax Assessment History
$13,000,000
Assessed (2025)
$13,000,000
Market Value
$13,000,000
Taxable Value
$264,670
Annual Tax
2024
$12,232,925
$13,000,000
2025
$13,000,000
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $13,000,000 | $13,000,000 | $13,000,000 | $264,670 | $6,780,720 | $6,219,280 |
| 2024 | $12,232,925 | $13,000,000 | $12,232,925 | $249,053 | $6,356,925 | $6,643,075 |
About 20500 SW 112 AVE, Cutler Bay, FL 33189
20500 SW 112 AVE, Cutler Bay, FL 33189 is a department store : retail outlet built in 1997 with 129,203 square feet of living space on a 423,795 square foot lot. The property is currently owned by DAYTON HUDSON CORP %PROP TAX DPT T-1075, recorded as of 2026-04-19. The mailing address differs from the property address, suggesting this may be an investment property or rental.
The most recent sale was on 1995-10-01 for $3,500,000. The 2025 assessed value is $13,000,000 with a market value of $13,000,000. This breaks down to $6,780,720 for the land and $6,219,280 for the building.
The assessed value increased 6% from $12,232,925 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.
This property currently has 1 open code violation on record with miami_dade code enforcement. Open violations can affect property value and may need to be resolved before a sale can close. 20500 SW 112 AVE, 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 current assessed value represents 371% 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.
There are 4 active building permits on this property with a combined estimated cost of $82,500, indicating ongoing construction or renovation work. Based on the most recent sale, this property traded at $27 per square foot — a key metric for comparing value across Cutler Bay's real estate market..
Building Permits (23)
| Permit # | Type | Description | Status | Date | Cost |
|---|---|---|---|---|---|
| C2026063451 | electrical | A | — | ||
| C2026061020 | electrical | A | — | ||
| W2026038968 | electrical | A | $500 | ||
| C2025105559 | building | A | $82,000 | ||
| C2025059212 | building | F | — | ||
| C2025001182 | building | expired | $80,000 | ||
| C2025009861 | building | F | $26,000 | ||
| C2025006637 | electrical | F | $500 | ||
| C2023138193 | electrical | F | — | ||
| C2023154226 | electrical | F | — | ||
| C2023151475 | building | F | — | ||
| C2023136818 | mechanical | F | — | ||
| C2023068596 | fire | F | — | ||
| C2023050868 | electrical | F | $100 | ||
| C2023050829 | electrical | F | $1,200 |
Showing 15 of 23 permits
Code Violations 1 open
A2025003764 open
2025-09-11
Distress Signals
- 1 open code violation
Current Owner
DAYTON HUDSON CORP %PROP TAX DPT T-1075
PO BOX 9456 TPN-0950, MINNEAPOLIS, MN, 55440-9456
Since: 2026-04-19
View owner profile →
People Behind This Entity
Est. Annual Insurance
$104,400 — $182,800
Flood $400 — $800
Property/Wind $104,000 — $182,000
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 20500
100%
Owner-Occ
0%
Investor
4
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
34
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