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20650 Old Cutler Rd, Cutler Bay, FL, 33189

$1,900,000

1.99 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
MLS #A11693136
Lot Size1.99 Acres
StatusActive

About 20650 Old Cutler Rd

Welcome to a rare opportunity in Cutler Bay—an exclusive TWO-ACRE parcel primed for transformative development. Strategically located on a main road and one of the last available plots of its size, this UNIQUE land offers immense potential for COMMERCIAL rezoning. Adjacent to the new PUBLIX market, it's poised to become a thriving commercial hub. In a market of rising interest rates, securing this parcel with owner financing could be your key investment. With potential for exclusive facilities like a church or medical building, and neighboring Cornerstone Church, this property is a cornerstone of community growth. Don't miss out—seize this opportunity for visionary development today!!!

Property Details

Property Features

Listing Office:

  • Office Name: Cervera Real Estate Inc.
  • Office Phone: (305) 670-1550
  • Listing Agent: Aldo Briolo

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Lot Features

Lot Information:

  • Lot Size: 1.99 Acres

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,900,000

Tax Information:

  • Annual Amount: $5,580
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$580K

Med. Price/SqFt

$321

Avg. Days On Market

54

# of Sold Homes

35

20650 Old Cutler Rd vs Cutler Bay

1 DAY ON ROCKET

-53 Days

$1,900,000

+$1.3M More

KEY TAKEAWAY

This property is $1.3M more than the Median Sold Price in Cutler Bay, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11693136

Listing Office:

  • Office Name: Cervera Real Estate Inc.
  • Office Phone: (305) 670-1550
  • Listing Agent: Aldo Briolo

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: 11/14/2024, 6:20:57 PM 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$5,580$277,103
2018$5,249$263,289
2017$5,042$277,247

History based on county public records data.

Payment Calculator

$9,550

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,763

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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

school-card-donut-237027
7
/10
  • Gulfstream Elementary School

  • 20900 SW 97th Ave

  • 0.37 miles

  • Public District Grades PK-5

school-card-donut-237028
7
/10
  • Cutler Ridge Elementary School

  • 20210 Coral Sea Rd

  • 0.72 miles

  • Public District Grades PK-5

school-card-donut-237029
7
/10
  • Dr. Edward L. Whigham Elementary School

  • 21545 SW 87th Ave

  • 1.07 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $34,597. The majority of Cutler Bay, FL residents have income less than $35k annually. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 20650 Old Cutler Rd

What is the listing price of this property?

The listing price of 20650 Old Cutler Rd property is $1,900,000.

What type of property is this?

The property 20650 Old Cutler Rd is land located in Cutler Bay, Florida, 33189.

Is this property for sale now?

Active Listing: 20650 Old Cutler Rd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $5,580 (source: MLS/based on county public records data).

How much acreage is this property?

The property 20650 Old Cutler Rd is 1.99 acres.
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Rocket HomesFloridaMiami-Dade CountyCutler Bay3318920650 Old Cutler Rd

This home is located at 20650 Old Cutler Rd in Cutler Bay, FL and zip code 33189 in the Cutler Ridge neighborhood. This home sits on a 1.99 acre lot. It has been listed on Rocket Homes since November 14, 2024 and is currently priced at $1,900,000.

In October 2024 more than 2 listings in Cutler Bay, FL were sold above the asking price. During the same period more than 8 listings were sold at asking price, while more than 25 were sold below. Between September 2024 and October 2024, Cutler Bay, FL real estate market has seen increase in the number of listings by 7.1%. Listings spent 54 days on the market in October 2024, and had a median list price of $580,000 during the same period.

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

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