For SaleRisky Deal32 days on market
20922 SW 88th Pl
20922 SW 88th Pl, Cutler Bay, FL 33189, Cutler Bay, FL 33189
$659,000
Estimate®:$648,200
Listing Price
20922 SW 88th Pl, Cutler Bay, FL 33189
Loc: Cutler Bay, FL
Days Listed
32
Tax Assessed
$487k
Estimate®
$648k
Market Rate
Lot Size
8,161 sqft
Rent Estimate
$3,541/mo
Est. Cash Flow base
Type
single family
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
5
Dr. Edward L. Whigham Elementary School
PK-5
0.6 mi away
5
Cutler Bay Middle
6-8
1.3 mi away
3
Miami Southridge Senior High School
8-12
2.7 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
stucco exteriormediterranean styletwo-story residencepaver drivewayattached garagetile roofarched entrywaylandscaped hedgesresidential suburbantropical landscapingpalm treesupscale appearancegated driveway
Haven AI Verdict
Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
3.76%
Total ROI
40.6%
Cash Flow
$-1,354/mo
DSCR
0.60
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-1,354/mo net cash flow with a 3.8% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Cutler Bay, FL
- • Long-term capital appreciation corridor
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-09 | Listed for sale | $659,000 | $371 |
| 2026-08-27 | Listing removed | $679,000 | $383 |
| 2026-08-22 | Listed for sale | $679,000 | $383 |
| 2009-10-16 | Sold | $220,000 | $124 |
| 2004-05-25 | Sold | $230,500 | $130 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $4,227.3 | $227,678 |
| 2024 | $4,117.95 | $221,262 |
| 2023 | $3,782.59 | $214,818 |
| 2022 | $3,627.63 | $208,562 |
| 2021 | $3,569.27 | $202,488 |
| 2020 | $3,496.27 | $199,693 |
| 2019 | $3,390.75 | $195,204 |
| 2018 | $3,224.2 | $191,565 |
| 2017 | $3,224.2 | $187,625 |
| 2016 | $3,226.87 | $183,766 |
| 2015 | $3,173.14 | $182,489 |
| 2014 | $3,410.07 | $151,354 |
| 2013 | $3,009.59 | $137,595 |
| 2012 | $3,009.59 | $134,098 |
| 2011 | $3,265.19 | $146,502 |
| 2010 | $3,491.82 | $147,046 |
| 2009 | $4,505.37 | $208,707 |
| 2007 | $4,103.32 | $193,030 |
| 2004 | $1,773.53 | $0 |
Similar Properties Nearby
Explore other investment opportunities in Cutler Bay.