Neighborhood
19805 SW 87th Pl, Cutler Bay, FL 33157
3 beds · 2 baths · 1,967 sq ft · Lot: 9,680 sq ft · Single Family Home · Last Sold: $536K in 2021 · Built: 1969
Est. Value:
$490K
Est. Rent:
$4.7K/month

19805 SW 87th Pl Cutler Bay, FL 33157

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3 beds · 2 baths · 1,967 sq ft · Lot Size: 9,680 sq ft · Single Family Home · Cutler Bay
Est. Property Value: $489,755

High Demand Long-Term RentalOwned for Less Than 5 YearsOwner Age 35 - 45

Get AI-powered intel on property income potential, propensity to sell and other key info to close on the right property.

19805 SW 87th Pl is in the Cutler Bay neighborhood of Cutler Bay, FL. It is located in Miami-Dade County and ZIP code 33157. This Single Family Home was built in 1969 and is approximately 56 years old. The single family home spans 1967 sq ft with 3 bedrooms and 2 bathrooms and sits on a 9680 sq ft lot. According to public records, it was last sold in 2021 for $536,000 and has a tax-assessed value of $575,047, which is $249 per sq ft. The Cutler Bay area of Cutler Bay has 7118 residential homes with an average size of 1561 sq ft. Analyze and compare real estate investment strategies for properties like this home at 19805 SW 87th Pl Cutler Bay, FL 33157 with Property Intel by Whitepages.

Investment Potential for 19805 SW 87th Pl

The property has a current estimated value of $489,755, which is 4% above the neighborhood median, based on public records. It last sold on December 10, 2021 for $536K. Projected long-term
is $56,400 annually ($4,700 per month) with a 93% occupancy rate.

Discover more Single Family Homes in Cutler Bay.
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Long-Term

Gross Rental
$56,400 per year($4,700 per month)
Net Operating Income
$*****View Net Operating Income
Cap Rate
****%View Cap Rate
Occupancy Rate
93%in 33157 zip code
 
View Rental Potential

Owners & Occupancy for 19805 SW 87th Pl

This property is owned by Thomas Samuel Proenza. Owner contact information includes 7 phone numbers and 4 email addresses.

Property Owners

OccupationSenior Software Engineer, Wheels Up
Cell Phone(954) ***-****View Cell Phone
Residence**************
Landline(305) 829-4803
Distance from Property**********
Email Address********@wheelsup.comView Email
View All Owner Info

Property Ownership Information

Purchase DateDecember 10, 2021
Property Tax Amount$10,083 in 2024
Purchase Price$536,000

Occupancy

Current Occupancy*****View Occupancy
Resident 1*********************** age 38
Resident 2************* age 73
Resident 3******************* age 35
Resident 4********************* age 36
Resident 5****************** age 42

Property Details for 19805 SW 87th Pl

Property Details

Property Sq Ft

Living Area

1,967 sq ft

26% above market

Lot Size

9,680 sq ft

17% above market

Price Per Sq Ft

Living Area

$249 / sq ft

16% below market

Lot Size Area

$51 / sq ft

18% below market

Property condition, age, exterior, etc. for 19805 SW 8…
Longitude: -80.333331 Latitude: 25.582993 Parcel Number (APN): 36-6004-014-0290…
Mortgage originated on through lender: Paramount Resid'l Mtg Grp for$******View Mortgage Details
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    20201 Dothan Rd, Cutler Bay, FL 33189

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    3 beds · 1 baths · 1,771 sq ft · Last Sold: $69,900 in 1992 · Built: 1958

Market Benchmarks

Compare data for 19805 SW 87th Pl in Miami-Dade County to the median in the neighborhood area and surrounding markets, where available.
View neighborhood benchmarks
Property
State
Difference
$489,755
$352,849
$136,905 (39%)
$******
$469,783
$393,905 (84%)
YoY Price Change
****%
1.8%
-144%
Year Built
1969
1990
-21 years
Living Space
1,967 sq ft
1,630 sq ft
337 (21%)
$ Per Living Sq Ft
$249
$217
$32 (15%)
Lot Size
9,680 sq ft
9,599 sq ft
81 (1%)
$ Per Lot Sq Ft
$51
$40
$10 (25%)

Net Operating Income
$*****
$19,987
$15,200 (76%)
Annual Revenue
$56,400
$29,400
$27,000 (92%)
$*****
$9,588
$11,625 (121%)
Net Operating Income
$*****
$19,987
$15,200 (76%)
Cap Rate
****%
5.67%
—
View Neighborhood Data
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

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