19920 SW 87 AVE, Cutler Bay, FL 33157

Parcel: 3660040140070 · Residential - Single Family · 1 Unit · Zoning: 0100

Assessed Value (2025)
$157,018

Property Details

Beds
4
Baths
2
Living Sqft
1,577
Year Built
1970
Lot Sqft
8,700
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$81,000
1989-03-01
2
$30,000-63%
1992-11-01
3
$315,000+950%
2007-02-01

Tax Assessment History

$157,018
Assessed (2025)
$449,124
Market Value
$106,296
Taxable Value
$2,164
Annual Tax
2024
$152,593
$450,561
2025
$157,018
$449,124
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $157,018 $449,124 $106,296 $2,164
2024 $152,593 $450,561 $102,593 $2,089

About 19920 SW 87 AVE, Cutler Bay, FL 33157

19920 SW 87 AVE, Cutler Bay, FL 33157 is a 4-bedroom, 2-bathroom residential - single family : 1 unit built in 1970 with 1,577 square feet of living space on a 8,700 square foot lot. The property is currently owned by DAVID RAMIREZ &W AMBAR, 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 2007-02-01 for $315,000. The property has appreciated $285,000 (950%) since the prior sale of $30,000 on 1992-11-01. There are 3 recorded sales for this property.

The 2025 assessed value is $157,018 with a market value of $449,124. This breaks down to $254,250 for the land and $194,874 for the building. The assessed value increased 3% from $152,593 in 2024.

The property has the following tax exemptions: homestead. This property is located in FEMA Flood Zone AH, indicating shallow flooding areas with ponding potential. Flood insurance is typically required.

The median household income in this area is $123,167, and the median home value is $467,200. The population density is 4,679 people per square mile. There are active mortgage liens totaling $146,475 recorded against this property.

19920 SW 87 AVE, Cutler Bay, FL 33157 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 1989 to 2007, with 3 recorded transactions in the public record.

The current assessed value represents 50% 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 $200 per square foot — a key metric for comparing value across Cutler Bay's real estate market..

Current Owner

DAVID RAMIREZ &W AMBAR
19920 SW 87 AVE, MIAMI, FL, 33157-0601
Since: 2026-04-19
View owner profile →

Flood Zone

Zone AH
Special Flood Hazard Area

Est. Annual Insurance

$1,970 — $3,800
Flood $400 — $800
Property/Wind $1,570 — $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$123,167
Median Home Value$467,200
Pop. Density4,679/sq mi

Neighborhood 19920

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

Mortgages

ACTIVE
$185,000
~$146,475 bal.
RP FUNDING INC · 2021-10-12
Est. Total Balance $146,475
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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