21554 SW 87 PL, Cutler Bay, FL 33189

Parcel: 3660160030050 · Residential · Townhouse · Zoning: 3002

Assessed Value (2025)
$108,210

Property Details

Beds
3
Baths
2.5
Living Sqft
1,342
Year Built
1993
Lot Sqft
1,392
Stories
2
RESIDENTIAL - TOTAL VALUE : TOWNHOUSE

Sales History

1
$86,000
1993-03-01
2
$233,000+171%
2005-06-01

Tax Assessment History

$108,210
Assessed (2025)
$351,000
Market Value
$57,488
Taxable Value
$1,170
Annual Tax
2024
$105,161
$351,000
2025
$108,210
$351,000
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $108,210 $351,000 $57,488 $1,170
2024 $105,161 $351,000 $55,161 $1,123

About 21554 SW 87 PL, Cutler Bay, FL 33189

21554 SW 87 PL, Cutler Bay, FL 33189 is a 3-bedroom, 2.5-bathroom residential - total value : townhouse built in 1993 with 1,342 square feet of living space on a 1,392 square foot lot. The property is currently owned by ELMER MURILLO, 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 2005-06-01 for $233,000. The property has appreciated $147,000 (171%) since the prior sale of $86,000 on 1993-03-01. The 2025 assessed value is $108,210 with a market value of $351,000.

The assessed value increased 3% from $105,161 in 2024. The property has the following tax exemptions: homestead. The median household income in this area is $110,766, and the median home value is $442,800.

The population density is 8,276 people per square mile. 21554 SW 87 PL, 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 1993 to 2005, with 2 recorded transactions in the public record. The current assessed value represents 46% 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 $174 per square foot — a key metric for comparing value across Cutler Bay's real estate market..

Building Permits (2)

Permit #TypeStatusCost
S1992087435 plumbing expired
S1992087190 plumbing expired

Current Owner

ELMER MURILLO
21554 SW 87 PL, MIAMI, FL, 33189-7315
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$110,766
Median Home Value$442,800
Pop. Density8,276/sq mi

Neighborhood 21554

100%
Owner-Occ
0%
Investor
0
Flips (4yr)
0
New Biz (3yr)
Distress Risk
LOW
11
View full risk analysis →
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