20511 SW 87 CT, Cutler Bay, FL 33189

Parcel: 3660090301590 · Residential - Single Family · Cluster Home · Zoning: 0100

Assessed Value (2025)
$370,178

Property Details

Beds
4
Baths
2
Living Sqft
2,215
Year Built
2005
Lot Sqft
6,900
Stories
1
RESIDENTIAL - SINGLE FAMILY : CLUSTER HOME

Sales History

1
$185,000
2009-10-07
JALENIA L LOPEZHSBC BNK USA N A TRS
2
$199,500+8%
2010-02-23
HSBC BNK USA N A TRSJUAN NARANJO JTRS
3
$335,000+68%
2017-06-30
JUAN NARANJO JTRSJOANNA LYNN PALMER

Tax Assessment History

$370,178
Assessed (2025)
$618,095
Market Value
$319,456
Taxable Value
$6,504
Annual Tax
2024
$359,746
$622,975
2025
$370,178
$618,095
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $370,178 $618,095 $319,456 $6,504
2024 $359,746 $622,975 $309,746 $6,306

About 20511 SW 87 CT, Cutler Bay, FL 33189

20511 SW 87 CT, Cutler Bay, FL 33189 is a 4-bedroom, 2-bathroom residential - single family : cluster home built in 2005 with 2,215 square feet of living space on a 6,900 square foot lot. The property is currently owned by JOANNA LYNN PALMER MARCOS A FAJARDO, 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 2017-06-30 for $335,000, when JUAN NARANJO JTRS sold to JOANNA LYNN PALMER. The property has appreciated $135,500 (68%) since the prior sale of $199,500 on 2010-02-23. There are 3 recorded sales for this property.

The 2025 assessed value is $370,178 with a market value of $618,095. This breaks down to $212,850 for the land and $405,245 for the building. The assessed value increased 3% from $359,746 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 $65,000 recorded against this property. 20511 SW 87 CT, 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 2009 to 2017, with 3 recorded transactions in the public record. The current assessed value represents 111% 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..

Current Owner

JOANNA LYNN PALMER MARCOS A FAJARDO
20511 SW 87 CT, CUTLER BAY, FL, 33189
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$2,621 — $4,501
Flood $400 — $800
Property/Wind $2,221 — $3,701

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 20511

100%
Owner-Occ
0%
Investor
1
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
29
View full risk analysis →

Mortgages

ACTIVE
$65,000
SPRING EQ LLC · 2021-09-01
Est. Total Balance $65,000
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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