20551 SW 87 CT, Cutler Bay, FL 33189

Parcel: 3660090301770 · Residential - Single Family · Cluster Home · Zoning: 0100

Assessed Value (2025)
$265,321

Property Details

Beds
3
Baths
2
Living Sqft
2,126
Year Built
2005
Lot Sqft
6,632
Stories
2
RESIDENTIAL - SINGLE FAMILY : CLUSTER HOME

Sales History

1
$255,666
2005-08-01

Tax Assessment History

$265,321
Assessed (2025)
$576,365
Market Value
$214,599
Taxable Value
$4,369
Annual Tax
2024
$257,844
$580,786
2025
$265,321
$576,365
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $265,321 $576,365 $214,599 $4,369
2024 $257,844 $580,786 $207,844 $4,232

About 20551 SW 87 CT, Cutler Bay, FL 33189

20551 SW 87 CT, Cutler Bay, FL 33189 is a 3-bedroom, 2-bathroom residential - single family : cluster home built in 2005 with 2,126 square feet of living space on a 6,632 square foot lot. The property is currently owned by ALEXANDER PEREZ, 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 2005-08-01 for $255,666. The 2025 assessed value is $265,321 with a market value of $576,365. This breaks down to $208,428 for the land and $367,937 for the building.

The assessed value increased 3% from $257,844 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. 20551 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 current assessed value represents 104% of the most recent sale price. Based on the most recent sale, this property traded at $120 per square foot — a key metric for comparing value across Cutler Bay's real estate market..

Current Owner

ALEXANDER PEREZ
20551 SW 87 CT, MIAMI, FL, 33189-7348
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$1,991 — $3,800
Flood $400 — $800
Property/Wind $1,591 — $3,000

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 20551

100%
Owner-Occ
0%
Investor
0
Flips (4yr)
0
New Biz (3yr)
Distress Risk
LOW
16
View full risk analysis →
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