20503 SW 88 AVE, Cutler Bay, FL 33189

Parcel: 3660090302430 · Residential - Single Family · Cluster Home · Zoning: 0100

Assessed Value (2025)
$342,896

Property Details

Beds
4
Baths
2
Living Sqft
2,670
Year Built
2005
Lot Sqft
7,658
Stories
2
RESIDENTIAL - SINGLE FAMILY : CLUSTER HOME

Sales History

1
N/Anon-market transfer
2015-08-06
KIRON CHISHOLM FEDERAL NATIONAL MORTGAGE ASSN
2
N/Anon-market transfer
2015-12-24
FEDERAL NATIONAL MORTGAGE ASSNFEDERAL NATIONAL MORTGAGE ASSN
3
$385,000
2016-02-12
FEDERAL NATIONAL MORTGAGE ASSNRASHEED MOHAMMED

Tax Assessment History

$342,896
Assessed (2025)
$616,809
Market Value
$287,174
Taxable Value
$5,847
Annual Tax
2024
$333,233
$621,580
2025
$342,896
$616,809
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $342,896 $616,809 $287,174 $5,847
2024 $333,233 $621,580 $278,233 $5,665

About 20503 SW 88 AVE, Cutler Bay, FL 33189

20503 SW 88 AVE, Cutler Bay, FL 33189 is a 4-bedroom, 2-bathroom residential - single family : cluster home built in 2005 with 2,670 square feet of living space on a 7,658 square foot lot. The property is currently owned by RASHEED MOHAMMED, 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 2016-02-12 for $385,000, when FEDERAL NATIONAL MORTGAGE ASSN sold to RASHEED MOHAMMED. There are 3 recorded sales for this property. The 2025 assessed value is $342,896 with a market value of $616,809.

This breaks down to $230,357 for the land and $386,452 for the building. The assessed value increased 3% from $333,233 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. 20503 SW 88 AVE, 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 2015 to 2016, with 3 recorded transactions in the public record. The current assessed value represents 89% of the most recent sale price.

Based on the most recent sale, this property traded at $144 per square foot — a key metric for comparing value across Cutler Bay's real estate market..

Current Owner

RASHEED MOHAMMED
20503 SW 88 AVE, CUTLER BAY, FL, 33189
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$2,457 — $4,228
Flood $400 — $800
Property/Wind $2,057 — $3,428

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 20503

100%
Owner-Occ
0%
Investor
0
Flips (4yr)
0
New Biz (3yr)
Distress Risk
LOW
19
View full risk analysis →
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