20075 SW 87th Place Cutler Bay, FL 33189
Estimated payment $5,307/month
Highlights
- No HOA
- Ceramic Tile Flooring
- Ceiling Fan
- Whispering Pines Elementary School Rated A-
- Central Heating and Cooling System
- Fenced
About This Home
Motivated seller—don’t miss this opportunity! Price lowered for quicker sale.
This renovated, fully furnished duplex is a prime investment! Managed by a top-tier company, both units rent easily for short- or long-term stays. Ideal for wedding guests in Homestead and visitors to Matheson Hammock Park, Deering Estate, Fairchild Gardens, and Little Havana.
Key Features:
Renovated with updated plumbing, kitchen, flooring, landscaping, sprinkler system, and designer finishes.
Separate outdoor spaces for each unit.
Roof replaced around 2018.
Rental income: $55,000 (2022) and $65,000 (2023).
Own a hassle-free, income-generating property in a prime location. Contact us today!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,900
Year Built
- Built in 1974
Parking
- 4 Parking Spaces
Home Design
- Duplex
- Substantially Remodeled
- Shingle Roof
- Concrete Block And Stucco Construction
Interior Spaces
- 2,545 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Ceramic Tile Flooring
Additional Features
- Fenced
- Central Heating and Cooling System
Listing and Financial Details
- Rent includes gardener
- Assessor Parcel Number 36-60-09-038-0010
Community Details
Overview
- No Home Owners Association
- 2 Units
- Tenalla Ocean Farms Condos
- Tenalla Ocean Farms Subdivision
Building Details
- Net Operating Income $48,000
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $4,302 | $199,650 | -- | -- |
| 2023 | $4,302 | $181,500 | $0 | $0 |
| 2022 | $4,067 | $165,000 | $0 | $0 |
| 2021 | $3,261 | $150,000 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/01/2025 04/01/25 | Price Changed | $818,000 | -1.2% | $321 / Sq Ft |
| 03/20/2025 03/20/25 | Price Changed | $828,000 | -0.8% | $325 / Sq Ft |
| 03/01/2025 03/01/25 | Price Changed | $835,000 | 0.0% | $328 / Sq Ft |
| 03/01/2025 03/01/25 | For Sale | $835,000 | -3.5% | $328 / Sq Ft |
| 02/19/2025 02/19/25 | Off Market | $865,000 | -- | -- |
| 11/13/2024 11/13/24 | For Sale | $865,000 | 0.0% | $340 / Sq Ft |
| 11/18/2021 11/18/21 | Rented | -- | -- | -- |
| 11/09/2021 11/09/21 | For Rent | $2,700 | +170.0% | -- |
| 08/30/2013 08/30/13 | Rented | $1,000 | -9.1% | -- |
| 07/31/2013 07/31/13 | Under Contract | -- | -- | -- |
| 07/08/2013 07/08/13 | For Rent | $1,100 | -- | -- |
Source: MIAMI REALTORS® MLS
MLS Number: A11693444
APN: 36-6009-038-0010
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