20540 SW 92 PL, Cutler Bay, FL 33189

Parcel: 3660090150010 · Multifamily 2-9 Units · 2 Living Units · Zoning: 3001

Assessed Value (2025)
$499,160

Property Details

Beds
5
Baths
4
Living Sqft
2,353
Year Built
1978
Lot Sqft
7,601
Stories
1
MULTIFAMILY 2-9 UNITS : 2 LIVING UNITS

Sales History

1
$100non-market transfer
2016-11-04
MIGUEL A VARELA & MIGUEL A VARELA LE
2
$100non-market transfer
2021-05-11
MIGUEL A VARELA LEADELA G VILLATE LE
3
$465,000
2021-07-12
ADELA G VILLATE LEERNESTO HERNANDEZ SALAZAR

Tax Assessment History

$499,160
Assessed (2025)
$546,326
Market Value
$448,438
Taxable Value
$9,130
Annual Tax
2024
$467,649
$513,089
2025
$499,160
$546,326
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $499,160 $546,326 $448,438 $9,130
2024 $467,649 $513,089 $417,649 $8,503

About 20540 SW 92 PL, Cutler Bay, FL 33189

20540 SW 92 PL, Cutler Bay, FL 33189 is a 5-bedroom, 4-bathroom multifamily 2-9 units : 2 living units built in 1978 with 2,353 square feet of living space on a 7,601 square foot lot. The property is currently owned by ERNESTO HERNANDEZ SALAZAR, 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 2021-07-12 for $465,000, when ADELA G VILLATE LE sold to ERNESTO HERNANDEZ SALAZAR. The property has appreciated $464,900 (464900%) since the prior sale of $100 on 2021-05-11. There are 3 recorded sales for this property.

The 2025 assessed value is $499,160 with a market value of $546,326. This breaks down to $256,717 for the land and $289,609 for the building. The assessed value increased 7% from $467,649 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. There are active mortgage liens totaling $430,484 recorded against this property.

20540 SW 92 PL, 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 2016 to 2021, with 3 recorded transactions in the public record.

The current assessed value represents 107% of the most recent sale price. Based on the most recent sale, this property traded at $198 per square foot — a key metric for comparing value across Cutler Bay's real estate market..

Current Owner

ERNESTO HERNANDEZ SALAZAR
20540 SW 92 PL, CUTLER BAY, FL, 33189
Since: 2026-04-19
View owner profile →

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$5,391 — $9,784
Flood $400 — $800
Property/Wind $4,991 — $8,984

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$76,722
Median Home Value$410,100
Pop. Density7,642/sq mi

Neighborhood 20540

100%
Owner-Occ
0%
Investor
0
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
29
View full risk analysis →

Mortgages

ACTIVE
$456,577
~$430,484 bal.
MY MORTGAGE INC · 2021-07-22
Est. Total Balance $430,484
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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