20950 SW 87 AVE 101, Cutler Bay, FL 33189

Parcel: 3660090340250 · Residential · Condominium - Residential · Zoning: 3800

Assessed Value (2025)
$232,925

Property Details

Beds
3
Baths
2
Living Sqft
1,214
Year Built
2006
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$187,400
2006-11-01
2
$187,000-0%
2021-01-14
FELIX DIAZ &W MIRIAMLEVEZA LLC

Tax Assessment History

$232,925
Assessed (2025)
$261,345
Market Value
$232,925
Taxable Value
$4,742
Annual Tax
2024
$211,750
$261,345
2025
$232,925
$261,345
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $232,925 $261,345 $232,925 $4,742
2024 $211,750 $261,345 $211,750 $4,311

About 20950 SW 87 AVE 101, Cutler Bay, FL 33189

20950 SW 87 AVE 101, Cutler Bay, FL 33189 is a 3-bedroom, 2-bathroom residential - total value : condominium - residential built in 2006 with 1,214 square feet of living space. The property is currently owned by LEVEZA LLC, recorded as of 2026-04-19. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2021-01-14 for $187,000, when FELIX DIAZ &W MIRIAM sold to LEVEZA LLC. The property sold for $400 less than the prior sale of $187,400 on 2006-11-01. The 2025 assessed value is $232,925 with a market value of $261,345.

The assessed value increased 10% from $211,750 in 2024. 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.

20950 SW 87 AVE 101, 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 2006 to 2021, with 2 recorded transactions in the public record.

The current assessed value represents 125% of the most recent sale price. This high ratio could indicate the property was purchased below market value — a potential sign of a distressed sale or off-market deal. Based on the most recent sale, this property traded at $154 per square foot — a key metric for comparing value across Cutler Bay's real estate market..

Est. Annual Insurance

$1,900 — $3,800
Flood $400 — $800
Property/Wind $1,500 — $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 20950

100%
Owner-Occ
0%
Investor
0
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
35
View full risk analysis →
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