19940 SW 87 PL, Cutler Bay, FL 33157

Parcel: 3660040140360 · Residential - Single Family · 1 Unit · Zoning: 0100

Assessed Value (2025)
$261,252

Property Details

Beds
3
Baths
2
Living Sqft
1,450
Year Built
1966
Lot Sqft
9,152
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$240,000
2005-11-01
2
$100non-market transfer
2016-12-20
EDUARDO TESINI EDUARDO TESINI
3
$273,000
2017-03-06
EDUARDO TESINILAZARO JESUS BERMUDEZ

Tax Assessment History

$261,252
Assessed (2025)
$443,382
Market Value
$210,530
Taxable Value
$4,286
Annual Tax
2024
$253,890
$444,719
2025
$261,252
$443,382
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $261,252 $443,382 $210,530 $4,286
2024 $253,890 $444,719 $203,890 $4,151

About 19940 SW 87 PL, Cutler Bay, FL 33157

19940 SW 87 PL, Cutler Bay, FL 33157 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1966 with 1,450 square feet of living space on a 9,152 square foot lot. The property is currently owned by LAZARO JESUS BERMUDEZ NILDA BAZZE, 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 2017-03-06 for $273,000, when EDUARDO TESINI sold to LAZARO JESUS BERMUDEZ. The property has appreciated $272,900 (272900%) since the prior sale of $100 on 2016-12-20. There are 3 recorded sales for this property.

The 2025 assessed value is $261,252 with a market value of $443,382. This breaks down to $261,030 for the land and $182,352 for the building. The assessed value increased 3% from $253,890 in 2024.

The property has the following tax exemptions: homestead. This property is located in FEMA Flood Zone X, which indicates minimal flood risk. Flood insurance is typically not required for properties in Zone X.

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 $240,318 recorded against this property.

19940 SW 87 PL, 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 2005 to 2017, with 3 recorded transactions in the public record.

The current assessed value represents 96% of the most recent sale price. Based on the most recent sale, this property traded at $188 per square foot — a key metric for comparing value across Cutler Bay's real estate market..

Current Owner

LAZARO JESUS BERMUDEZ NILDA BAZZE
19940 SW 87 PL, CUTLER BAY, FL, 33157
Since: 2026-04-19
View owner profile →

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$3,535 — $6,547
Flood $400 — $800
Property/Wind $3,135 — $5,747

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 19940

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

Mortgages

ACTIVE
$253,344
~$240,318 bal.
CALIBER HOME LOANS INC · 2022-01-11
Est. Total Balance $240,318
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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