20864 SW 88 PL, Cutler Bay, FL 33189

Parcel: 3660090241430 · Residential - Single Family · Residential · Zoning: 0100

Assessed Value (2025)
$374,471

Property Details

Beds
4
Baths
3
Living Sqft
2,365
Year Built
2004
Lot Sqft
5,000
Stories
2
RESIDENTIAL - SINGLE FAMILY : RESIDENTIAL - TOTAL VALUE

Sales History

1
$271,222
2004-10-01
2
$255,600-6%
2016-05-23
PAUL E MANIGAT &W CHELLA JOSE LUIS RIVAS TRS
3
$389,900+53%
2016-11-17
JOSE LUIS RIVAS TRS MICHAEL U ROMAN

Tax Assessment History

$374,471
Assessed (2025)
$548,329
Market Value
$318,749
Taxable Value
$6,489
Annual Tax
2024
$363,918
$552,682
2025
$374,471
$548,329
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $374,471 $548,329 $318,749 $6,489
2024 $363,918 $552,682 $308,918 $6,289

About 20864 SW 88 PL, Cutler Bay, FL 33189

20864 SW 88 PL, Cutler Bay, FL 33189 is a 4-bedroom, 3-bathroom residential - single family : residential - total value built in 2004 with 2,365 square feet of living space on a 5,000 square foot lot. The property is currently owned by MICHAEL U ROMAN, 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 2016-11-17 for $389,900, when JOSE LUIS RIVAS TRS sold to MICHAEL U ROMAN. The property has appreciated $134,300 (53%) since the prior sale of $255,600 on 2016-05-23. There are 3 recorded sales for this property.

The 2025 assessed value is $374,471 with a market value of $548,329. This breaks down to $200,000 for the land and $348,329 for the building. The assessed value increased 3% from $363,918 in 2024.

The property has the following tax exemptions: homestead. The median household income in this area is $67,095, and the median home value is $480,200. The population density is 6,121 people per square mile.

There are active mortgage liens totaling $345,331 recorded against this property. 20864 SW 88 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 2004 to 2016, with 3 recorded transactions in the public record. The current assessed value represents 96% of the most recent sale price. Based on the most recent sale, this property traded at $165 per square foot — a key metric for comparing value across Cutler Bay's real estate market..

Current Owner

MICHAEL U ROMAN
20864 SW 88 PL, CUTLER BAY, FL, 33189
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$2,646 — $4,544
Flood $400 — $800
Property/Wind $2,246 — $3,744

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$67,095
Median Home Value$480,200
Pop. Density6,121/sq mi

Neighborhood 20864

100%
Owner-Occ
0%
Investor
0
Flips (4yr)
0
New Biz (3yr)
Distress Risk
LOW
12
View full risk analysis →

Mortgages

ACTIVE
$364,350
~$345,331 bal.
PENNYMAC LOAN SERVICES LLC · 2021-12-30
Est. Total Balance $345,331
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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