new - 2 days on rocket

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

$865,000

Home List Price

$10,000*

Closing Credit

0 Baths
2,545 SqFt
$340/SqFt
Multi

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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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
Virtual Tour

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.

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Cutler Bay, FL

City

Med. Sold Price

$580K

Med. Price/SqFt

$321

Avg. Days On Market

54

# of Sold Homes

35

20075 SW 87th Pl vs Cutler Bay

2 DAYS ON ROCKET

-52 Days

$865,000

+$285K More

$340/SqFt

+$19 More

KEY TAKEAWAY

This property is $285K more than the Median Sold Price and $19/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

IDX © 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: 11/17/2024, 11:20:47 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

YEARPROP. TAXASSESSMENT
2020$4,814$209,616
2018$4,424$196,777
2017$4,269$189,002

History based on county public records data.

Payment Calculator

$4,385

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,660

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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

school-card-donut-313578
8
/10

  • Whispering Pines Elementary School

  • 18929 SW 89th Rd

  • 0.73 miles

  • Public District Grades PK-5

school-card-donut-313579
7
/10

  • Dr. Edward L. Whigham Elementary School

  • 21545 SW 87th Ave

  • 1.07 miles

  • Public District Grades PK-5

school-card-donut-313580
7
/10

  • Gulfstream Elementary School

  • 20900 SW 97th Ave

  • 1.11 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $71,074. The majority of Cutler Bay, FL residents have income between $35k-100k annually. Most families are single, no kids. The majority of residents in this area 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.

While more than 2 listings in Cutler Bay, FL in October 2024 were sold above asking price, there were more than 8 listings sold at asking price, and more than 25 were sold below. The number of homes for sale in Cutler Bay, FL increased by 7.1% between September 2024 and October 2024. The median list price of listings available in October 2024 was $580,000, while the average time on the real estate market was 54 days.

From Rocket Homes Real Estate and based on county public records data.

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