10871 CARIBBEAN BLVD, Cutler Bay, FL 33189

10871 CARIBBEAN BLVD, Cutler Bay, FL 33189 is a store : retail outlet built in 1959 with 28,894 square feet of living space on a 101,826 square foot lot. The property is currently owned by REALTY INCOME CORP ATTN: PORTFOLIO MANAGEMENT 1024, 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 1998-12-01 for $1,400,000. The 2025 assessed value is $4,350,000 with a market value of $4,350,000. This breaks down to $3,360,258 for the land and $989,742 for the building.

The assessed value decreased 9% from $4,764,000 in 2024. The median household income in this area is $74,883, and the median home value is $392,200. The population density is 5,086 people per square mile.

10871 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 1992 to 1998, with 2 recorded transactions in the public record.

The current assessed value represents 311% 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. Based on the most recent sale, this property traded at $48 per square foot — a key metric for comparing value across Cutler Bay's real estate market..