20950 SW 87 AVE 205, Cutler Bay, FL 33189

Parcel: 3660090340380 · Residential · Condominium - Residential · Zoning: 3800

Assessed Value (2025)
$159,001

Property Details

Beds
2
Baths
2
Living Sqft
1,061
Year Built
2006
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$167,400
2006-11-01
2
$310,000+85%
2025-01-31
JOSE MANUEL &W ANALIA VENCEROSANA OLIVERA
3
$310,000
2025-03-04

Tax Assessment History

$159,001
Assessed (2025)
$243,424
Market Value
$159,001
Taxable Value
$3,237
Annual Tax
2024
$144,547
$243,424
2025
$159,001
$243,424
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $159,001 $243,424 $159,001 $3,237
2024 $144,547 $243,424 $144,547 $2,943

About 20950 SW 87 AVE 205, Cutler Bay, FL 33189

20950 SW 87 AVE 205, Cutler Bay, FL 33189 is a 2-bedroom, 2-bathroom residential - total value : condominium - residential built in 2006 with 1,061 square feet of living space. The property is currently owned by ROSANA OLIVERA, 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 2025-03-04 for $310,000. There are 3 recorded sales for this property. The 2025 assessed value is $159,001 with a market value of $243,424.

The assessed value increased 10% from $144,547 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.

There are active mortgage liens totaling $300,485 recorded against this property. 20950 SW 87 AVE 205, 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 2025, with 3 recorded transactions in the public record. The current assessed value represents 51% of the most recent sale price. This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase.

Based on the most recent sale, this property traded at $292 per square foot — a key metric for comparing value across Cutler Bay's real estate market..

Current Owner

ROSANA OLIVERA
20950 SW 87 AVE 205, CUTLER BAY, FL, 33189
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 →

Mortgages

ACTIVE
$304,385
~$300,485 bal.
SIERRA PACIFIC MORTGAGE CO INC · 2025-03-04
Est. Total Balance $300,485
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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