10720 CARIBBEAN BLVD, Cutler Bay, FL 33189
Parcel: 3660070240020 · Office Building - Multistory · Office Building · Zoning: 6400
Assessed Value (2025)
$9,639,000
Property Details
Baths
6
Living Sqft
77,794
Year Built
1986
Lot Sqft
116,938
Stories
6
OFFICE BUILDING - MULTISTORY : OFFICE BUILDING
Sales History
1
$8,762,500
2010-06-08
PINNACLE INVESTMENT PROPERTIES → TOWN OF CUTLER BAY
2
$100non-market transfer
2010-11-01
PINNACLE INVESTMENT PROPERTIES → TOWN OF CUTLER BAY
3
$11,000,000
2020-01-07
TOWN OF CUTLER BAY → CUTLER BAY OFFICES LLC
Tax Assessment History
$9,639,000
Assessed (2025)
$9,639,000
Market Value
$9,639,000
Taxable Value
$196,242
Annual Tax
2024
$9,678,000
2025
$9,639,000
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $9,639,000 | $9,639,000 | $9,639,000 | $196,242 | $3,508,140 | $6,130,860 |
| 2024 | $9,678,000 | $9,678,000 | $9,678,000 | $197,036 | $3,508,140 | $6,169,860 |
About 10720 CARIBBEAN BLVD, Cutler Bay, FL 33189
10720 CARIBBEAN BLVD, Cutler Bay, FL 33189 is a office building - multistory : office building built in 1986 with 77,794 square feet of living space on a 116,938 square foot lot. The property is currently owned by CUTLER BAY OFFICES LLC, 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 2020-01-07 for $11,000,000, when TOWN OF CUTLER BAY sold to CUTLER BAY OFFICES LLC. The property has appreciated $10,999,900 (10999900%) since the prior sale of $100 on 2010-11-01. There are 3 recorded sales for this property.
The 2025 assessed value is $9,639,000 with a market value of $9,639,000. This breaks down to $3,508,140 for the land and $6,130,860 for the building. The assessed value decreased 0% from $9,678,000 in 2024.
The median household income in this area is $46,283, and the median home value is $297,300. The population density is 7,403 people per square mile. 10720 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 2010 to 2020, with 3 recorded transactions in the public record. The current assessed value represents 88% of the most recent sale price.
Based on the most recent sale, this property traded at $141 per square foot — a key metric for comparing value across Cutler Bay's real estate market..
Building Permits (5)
| Permit # | Type | Description | Status | Date | Cost |
|---|---|---|---|---|---|
| N1994001664 | mechanical | expired | $30,000 | ||
| S1991015714 | mechanical | expired | — | ||
| C1990092493 | fire | expired | — | ||
| C1988029819 | fire | expired | — | ||
| S1988027677 | mechanical | expired | — |
Current Owner
CUTLER BAY OFFICES LLC
2000 S BAYSHORE DR 38, MIAMI, FL, 33133
Since: 2026-04-19
View owner profile →
People Behind This Entity
Est. Annual Insurance
$96,790 — $174,302
Flood $400 — $800
Property/Wind $96,390 — $173,502
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$46,283
Median Home Value$297,300
Pop. Density7,403/sq mi
Neighborhood 10720
100%
Owner-Occ
0%
Investor
2
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
33
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