20075 SW 87th Pl, Cutler Bay, FL, 33189

Location

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20075 SW 87th Pl, Cutler Bay$865,000

Buyer Closing Credits

$10,000^*

1.25% Loan Amount

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1 (855) 200-2001

Property Highlights

Home TypeDuplex

Year Built1974

HeatingCentral

CoolingCentral Air, Ceiling Fan(s)

MLS #A11693444

StatusActive

About 20075 SW 87th Pl

This property is an investor’s dream! Fully designed, furnished, and managed by an outstanding property management company. Both sides of the duplex are easily rented for short- or long-term stays. It’s the perfect rental property for all the weddings in Homestead. Conveniently located near Matheson Hammock Park, Deering Estate, Fairchild Tropical Gardens, Little Havana, and many other famous tourist destinations. The property underwent a complete renovation and features brand-new appliances, plumbing, landscaping, sprinkler system, kitchen, flooring, and designer finishes. Each unit also has its own separate outdoor spaces. The roof was redone around 2018. In 2022, the property generated $55,000 in income. 2023 & 2024 information will be uploaded shortly.

Property Details

Property Features

Property Information:

Year Built: 1974
Stories: 1
Living Area: 2,545 SqFt

Listing Office:

Office Name: Realty Hub
Office Phone: (305) 479-1146
Listing Agent: Esther Frances

Interior Features

Interior Information:

Flooring Type: Ceramic Tile, Other

Exterior Features

Exterior Information:

Exterior: Fence

Virtual/3D Tour

Virtual Tour: 20075 SW 87th Pl

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Utilities

Utilities Information:

Heating: Central
Cooling: Central Air, Ceiling Fan(s)

Other

Directions Information:

Directions: OLD CUTLER ROAD AND 87th ave.

Price Information

Listing Price Info

Price Summary:

List Price: $865,000
Price Per SqFt: $340/SqFt

HOA Fees:

Amount: $0
Frequency: Annually

Tax Information:

Annual Amount: $4,814
Tax Year: 2020

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Housing Market Comparison

See how this home compares to others in Cutler Bay, FL.

Cutler Bay, FL

City

Med. Sold Price

$585K

Med. Price/SqFt

$322

Avg. Days On Market

# of Sold Homes

20075 SW 87th Pl vs Cutler Bay

36 DAYS ON ROCKET

-12 Days

$865,000

+$280K More

$340/SqFt

+$18 More

KEY TAKEAWAY

This property is $280K more than the Median Sold Price and $18/SqFt more than other homes in Cutler Bay, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

MLS Name: SEFMIAMI
MLS Number: #A11693444

Listing Office:

Office Name: Realty Hub
Office Phone: (305) 479-1146
Listing Agent: Esther Frances

© 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/21/2024, 11:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEAR	PROP. TAX	ASSESSMENT
2020	$4,814	$209,616
2018	$4,424	$196,777
2017	$4,269	$189,002

History based on county public records data.

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

/10

Whispering Pines Elementary School
18929 SW 89th Rd
Distance between this listing and this school0.73 miles
Public District Grades PK-5

/10

Dr. Edward L. Whigham Elementary School
21545 SW 87th Ave
Distance between this listing and this school1.07 miles
Public District Grades PK-5

/10

Gulfstream Elementary School
20900 SW 97th Ave
Distance between this listing and this school1.11 miles
Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

How much money do the neighbors make?

20%

<35k

52%

35k-100k

25%

100k-200k

200k+

What level of education do the neighbors have?

Post Secondary: 65%
High School: 30%
Masters: 5%

What types of families live nearby?

31%

Single, No Kids

14%

Single, with Kids

25%

Married, No Kids

30%

Married, with Kids

Are the neighbors home owners or renters?

Home Owners: 82%
Renters: 18%

How old are people in this area?

15%

<11 yrs old

12-17 yrs old

20%

18-34 yrs old

45%

35-64 yrs old

11%

65+ yrs old

What do the neighbors do for fun?

Horse Races
Hiking/backpacking
Minor League Baseball Games

Where do the neighbors shop?

Stein Mart
Nordstrom Rack
New York & Company

Where do the neighbors go to eat?

LongHorn Steakhouse
Chipotle
Chick-fil-A

What do the neighbors drive?

Buick
Mazda
Kia

What do the neighbors listen to?

Contemporary Inspirational
Rock
Talk/Personality

The neighbors living near this home have an average income of $71,074. Most Cutler Bay, FL residents have annual incomes between $35k-100k. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Florida›Miami-Dade County›Cutler Bay›33189›20075 SW 87th Pl

This home is located at 20075 SW 87th Pl in Cutler Bay, FL and zip code 33189 in the Cutler Ridge neighborhood. This 2,545 square foot home was built in 1974. It has been listed on Rocket Homes since November 15, 2024 and is currently priced at $865,000.

In November 2024, from all listings sold in Cutler Bay, FL there were more than 4 sold above asking price, over 19 sold below and more than 6 were sold right at the asked price. In November 2024 in Cutler Bay, FL there were 1.2% less homes for sale than in October 2024. The median list price of listings available in November 2024 was $585,000, while the average time on the real estate market was 48 days.

Location

Property Highlights

Property Details

Property Features

Interior Features

Exterior Features

Virtual/3D Tour

Utilities

Other

Price Information

Listing Price Info

Housing Market Comparison

MLS Details

Property Sales & Tax

Tax History

Payment Calculator

Schools

Schools Nearby

Neighborhood

What Are The Neighbors Like?

More Resources

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