20500 SW 92 PL, Cutler Bay, FL 33189

Parcel: 3660090150050 · Multifamily 2-9 Units · 2 Living Units · Zoning: 3001

Assessed Value (2025)
$380,839

Property Details

Beds
5
Baths
3
Living Sqft
2,238
Year Built
1977
Lot Sqft
7,500
Stories
1
MULTIFAMILY 2-9 UNITS : 2 LIVING UNITS

Sales History

1
N/Anon-market transfer
2002-07-01
2
N/Anon-market transfer
2005-02-01
3
$695,000
2025-09-19
FELIX VELAZQUEZ &WPRISCILLA CHIONG

Tax Assessment History

$380,839
Assessed (2025)
$517,167
Market Value
$380,839
Taxable Value
$7,754
Annual Tax
2024
$347,413
$489,402
2025
$380,839
$517,167
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $380,839 $517,167 $380,839 $7,754
2024 $347,413 $489,402 $347,413 $7,073

About 20500 SW 92 PL, Cutler Bay, FL 33189

20500 SW 92 PL, Cutler Bay, FL 33189 is a 5-bedroom, 3-bathroom multifamily 2-9 units : 2 living units built in 1977 with 2,238 square feet of living space on a 7,500 square foot lot. The property is currently owned by PRISCILLA CHIONG GUSTAVO ESCOBAR, 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 2025-09-19 for $695,000, when FELIX VELAZQUEZ &W sold to PRISCILLA CHIONG. There are 3 recorded sales for this property. The 2025 assessed value is $380,839 with a market value of $517,167.

This breaks down to $255,000 for the land and $262,167 for the building. The assessed value increased 10% from $347,413 in 2024. 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 $552,278 recorded against this property. 20500 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 2002 to 2025, with 3 recorded transactions in the public record. The current assessed value represents 55% of the most recent sale price. This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase.

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

Current Owner

PRISCILLA CHIONG GUSTAVO ESCOBAR
20500 SW 92 PL, CUTLER BAY, FL, 33189
Since: 2026-04-19
View owner profile →

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$4,208 — $7,655
Flood $400 — $800
Property/Wind $3,808 — $6,855

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 20500

100%
Owner-Occ
0%
Investor
4
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
34
View full risk analysis →

Mortgages

ACTIVE
$556,000
~$552,278 bal.
NEWREZ LLC · 2025-10-06
Est. Total Balance $552,278
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
Zoom in to see property sales