21545 SW 87 CT, Cutler Bay, FL 33189

Parcel: 3660160032180 · Residential · Townhouse · Zoning: 3002

Assessed Value (2025)
$262,073

Property Details

Beds
2
Baths
2
Living Sqft
1,172
Year Built
1993
Lot Sqft
2,323
Stories
1
RESIDENTIAL - TOTAL VALUE : TOWNHOUSE

Sales History

1
$219,000
2019-01-18
SEAN SAVITTDIANA MARQUEZ
2
$227,000+4%
2020-09-22
DIANA MARQUEZDOREEN YAFFA
3
$400,000+76%
2026-01-15
DOREEN YAFFAELIZABETH MORALES
4
$400,000
2026-02-13

Tax Assessment History

$262,073
Assessed (2025)
$321,000
Market Value
$262,073
Taxable Value
$5,336
Annual Tax
2024
$238,249
$321,000
2025
$262,073
$321,000
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $262,073 $321,000 $262,073 $5,336
2024 $238,249 $321,000 $238,249 $4,851

About 21545 SW 87 CT, Cutler Bay, FL 33189

21545 SW 87 CT, Cutler Bay, FL 33189 is a 2-bedroom, 2-bathroom residential - total value : townhouse built in 1993 with 1,172 square feet of living space on a 2,323 square foot lot. The property is currently owned by ELIZABETH MORALES CHIA YUN WU, 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 2026-02-13 for $400,000. There are 4 recorded sales for this property. The 2025 assessed value is $262,073 with a market value of $321,000.

The assessed value increased 10% from $238,249 in 2024. 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.

There are active mortgage liens totaling $318,941 recorded against this property. 21545 SW 87 CT, 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 2019 to 2026, with 4 recorded transactions in the public record. The current assessed value represents 66% 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 $341 per square foot — a key metric for comparing value across Cutler Bay's real estate market..

Building Permits (1)

Permit #TypeStatusCost
S1992095768 plumbing expired

Current Owner

ELIZABETH MORALES CHIA YUN WU
21545 SW 87 CT, CUTLER BAY, FL, 33189
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$3,020 — $5,517
Flood $400 — $800
Property/Wind $2,620 — $4,717

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 21545

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

Mortgages

ACTIVE
$320,000
~$318,941 bal.
JPMORGAN CHASE BANK NA · 2026-02-13
Est. Total Balance $318,941
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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