20950 SW 87 AVE 201, Cutler Bay, FL 33189

Parcel: 3660090340260 · Residential · Condominium - Residential · Zoning: 3800

Assessed Value (2025)
$231,099

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
$100non-market transfer
2013-06-14
CHRISTIAN J RATO &CHRISTIAN RATO
3
$95,000
2014-08-22
CHRISTIAN RATOGALLOWAY BREEZES 201 LLC

Tax Assessment History

$231,099
Assessed (2025)
$261,345
Market Value
$231,099
Taxable Value
$4,705
Annual Tax
2024
$210,090
$261,345
2025
$231,099
$261,345
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $231,099 $261,345 $231,099 $4,705
2024 $210,090 $261,345 $210,090 $4,277

About 20950 SW 87 AVE 201, Cutler Bay, FL 33189

20950 SW 87 AVE 201, 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 GALLOWAY BREEZES 201 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 2014-08-22 for $95,000, when CHRISTIAN RATO sold to GALLOWAY BREEZES 201 LLC. The property has appreciated $94,900 (94900%) since the prior sale of $100 on 2013-06-14. There are 3 recorded sales for this property.

The 2025 assessed value is $231,099 with a market value of $261,345. The assessed value increased 10% from $210,090 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 201, 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 2014, with 3 recorded transactions in the public record. The current assessed value represents 243% 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 $78 per square foot — a key metric for comparing value across Cutler Bay's real estate market..

Current Owner

GALLOWAY BREEZES 201 LLC
10760 SW 123 ST, MIAMI, FL, 33196
Since: 2026-04-19
View owner profile →

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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