20040 RANCH RD, Cutler Bay, FL 33189

20040 RANCH RD, Cutler Bay, FL 33189 is a 4-bedroom, 3-bathroom residential - single family : 1 unit built in 1956 with 2,254 square feet of living space on a 9,365 square foot lot. The property is currently owned by CLINTON L HEMMELGARN LETICIA ALVAREZ, 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 2017-06-23 for $340,000, when EQUUS GROUP LLC sold to CLINTON L HEMMELGARN. The property has appreciated $115,000 (51%) since the prior sale of $225,000 on 2016-12-05. There are 3 recorded sales for this property.

The 2025 assessed value is $369,900 with a market value of $645,445. This breaks down to $264,225 for the land and $381,220 for the building. The assessed value increased 3% from $359,476 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 $76,722, and the median home value is $410,100. The population density is 7,642 people per square mile. 20040 RANCH RD, 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 1975 to 2017, with 3 recorded transactions in the public record. The current assessed value represents 109% of the most recent sale price.

Based on the most recent sale, this property traded at $151 per square foot — a key metric for comparing value across Cutler Bay's real estate market..