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Backup Offers

20531 SW 87th Ct, Cutler Bay, FL, 33189

$675,000

Home List Price

$8,016*

Closing Credit

4 Bedrooms
3 Full Baths
2,514 SqFt
$269/SqFt
House
Schools Nearby

Location

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20531 SW 87th Ct, Cutler Bay$675,000

Buyer Closing Credits

$8,016*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, RV Access/Parking, Garage Door Opener
Garage2 spaces
Year Built2006
HeatingCentral
CoolingCentral Air, Ceiling Fan(s)
WaterfrontLake Front
ViewLake
MLS #A11540587
StatusAccepting Backup Offers
(Active Under Contract)

About 20531 SW 87th Ct

SELLER IS MOTIVATED TO SELL! Exquisite 4/3 on the corner entrance of highly desired Cantamar. Conveniently located by many shopping centers, schools, restaurants, and Black Point Marina. The first bedroom and bathroom are located on the first floor for easier access. The corner lot allows space for RV/boat parking on the side of the home. Private neighborhood park directly in front of the home as well as lake views which can also be enjoyed from the master balcony.

Property Details

Property Features

Property Information:

  • Architectural Style: Detached, Two Story
  • Year Built: 2006
  • Stories: 2
  • Living Area: 2,514 SqFt

Listing Office:

  • Office Name: JFA Realty Co
  • Office Phone: (305) 644-8880
  • Listing Agent: Hannah Lopez

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
  • Flooring Type: Tile, Wood
  • Interior: Bedroom on Main Level, First Floor Entry, Loft

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Waterfront: Lake Front
  • View: Lake
  • Exterior: Balcony, Fence, Porch, Patio, Room For Pool, Storm/Security Shutters

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Driveway, RV Access/Parking, Garage Door Opener

Virtual/3D Tour

  • Virtual Tour: 20531 SW 87th Ct

Virtual Tour

Lot Features

Lot Information:

  • Lot: Corner Lot

Utilities

Utilities Information:

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

School Info

Assigned Schools Information:

  • Miami Southridge Senior High School, Public Magnet Grades 9-12
  • Cutler Bay Academy of Advanced Studies, Cutler Ridge Campus, Public Magnet Grades 6-8
  • Dr. Edward L. Whigham Elementary School, Public District Grades PK-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $675,000
  • Price Per SqFt: $269/SqFt

HOA Fees:

  • Amount: $58
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $3,141
  • 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

$549.5K

Med. Price/SqFt

$306

Avg. Days On Market

41

# of Sold Homes

25

20531 SW 87th Ct vs Cutler Bay

58 DAYS ON ROCKET

+17 Days

$675,000

+$125.5K More

$269/SqFt

-$37 Less

KEY TAKEAWAY

This property is $125.5K more than the Median Sold Price and $37/SqFt less 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: #A11540587

Listing Office:

  • Office Name: JFA Realty Co
  • Office Phone: (305) 644-8880
  • Listing Agent: Hannah Lopez

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: 4/27/2024, 2:25:14 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$3,141$204,263
2018$2,869$195,948
2017$2,912$191,918

History based on county public records data.

Payment Calculator

$3,494

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,090

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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.

Elementary School

school-card-donut-985400
7
/10

  • Dr. Edward L. Whigham Elementary School

  • 21545 SW 87th Ave

  • 0.78 miles

  • Public District Grades PK-5

Middle School

school-card-donut-985401
3
/10

  • Cutler Bay Academy of Advanced Studies, Cutler Ridge Campus

  • 19400 Gulfstream Rd

  • 1.37 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-985402
3
/10

  • Miami Southridge Senior High School

  • 19355 SW 114th Ave

  • 2.80 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $77,851. The most common annual income of people living in Cutler Bay, FL is between $35k-100k. The most common type of family is married, with kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 20531 SW 87th Ct

What is the listing price of this property?

The listing price of 20531 SW 87th Ct property is $675,000.

What type of property is this?

The property 20531 SW 87th Ct is a house located in Cutler Bay, Florida, 33189.

Is this property for sale now?

Accepting Backup Offers: 20531 SW 87th Ct is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 20531 SW 87th Ct are:
Dr. Edward L. Whigham Elementary School: GreatSchools Rating 7/10
Cutler Bay Academy of Advanced Studies, Cutler Ridge Campus: GreatSchools Rating 3/10
Miami Southridge Senior High School: GreatSchools Rating 3/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $3,141 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 20531 SW 87th Ct has 4 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 20531 SW 87th Ct is 2,514 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 20531 SW 87th Ct is 2006.

Rocket Homes›Florida›Miami-Dade County›Cutler Bay›33189›20531 SW 87th Ct

This home is located at 20531 SW 87th Ct in Cutler Bay, FL and zip code 33189 in the Lakes by the Bay neighborhood. This 2,514 square foot home was built in 2006. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since February 28, 2024 and is currently priced at $675,000.

Over 2 listings were sold over their listed price in March 2024 in Cutler Bay, FL. In the same period over 14 listings were sold below the listed price and 9 listings were sold for the listed price. The number of homes for sale in Cutler Bay, FL decreased by 1.9% between February 2024 and March 2024. While the average time on the market in March 2024 was 41 days, the median list price was $549,500.

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

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