Sold for $240,000

$240,000

21130 SW 87th Ave APT 203, Cutler Bay, FL 33189

2beds

991sqft

Condominium

Built in 2005

-- sqft lot

$-- Zestimate^®

$242/sqft

$2,225 Estimated rent

Home value

Not available

Estimated sales range

Not available

$2,225/mo

Zestimate^® history

Owner options

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$2,225/mo

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$2,112/mo

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$2,112/mo

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What's special

Functional split-bedroom layoutAmple natural lightSpacious unit

Beautiful 2 Bedroom / 2 Bathroom Condo in Cutler Bay – 2nd Floor | No Special Assessments | Ideal for Investors with Tenant in Place. Excellent opportunity to own a well-maintained 2/2 condo located on the second floor of a desirable Cutler Bay community. This spacious unit features a functional split-bedroom layout, ample natural light, and comfortable living areas. No special assessments—buy with confidence. A long-term tenant is in place through April 2027, offering immediate and consistent rental income, making this a strong investment option. Ideal for investors or first-time homebuyers planning ahead. Convenient location near shopping, dining, parks, marina, and major highways. Perfect for anyone looking to expand their portfolio or secure a future primary residence in a growing area.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Full bathrooms: 2

Heating

Central

Cooling

Central Air

Appliances

Included: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer

Features

Storage
Flooring: Ceramic Tile, Vinyl

Interior area

Total structure area: 991
Total interior livable area: 991 sqft

Property

Parking

Parking features: 2 Or More Spaces, No Rv/Boats

Features

Entry location: Second Floor Entry
Patio & porch: Patio
Has view: Yes
View description: None

Details

Parcel number: 3660090310080

Construction

Type & style

Home type: Condo
Property subtype: Condominium
Attached to another structure: Yes

Materials

Concrete Block Construction

Condition

Year built: 2005

Community & HOA

Community

Security: Smoke Detector, No Security
Application fee: $150
Pet fee: $0
Subdivision: Cutler Lakes Condo

HOA

Has HOA: Yes
Amenities included: None
HOA fee: $350 monthly

Location

Region: Cutler Bay

Financial & listing details

Price per square foot: $242/sqft
Tax assessed value: $231,979
Annual tax amount: $3,097
Date on market: 11/26/2025
Listing terms: All Cash,Conventional

Price history

Date	Event	Price
7/8/2026	Sold	$240,000-12.7%$242/sqft
Source: MIAMI #A11914001 Report a problem
11/26/2025	Listed for sale	$275,000+66.8%$277/sqft
Source: MIAMI #A11914001 Report a problem
3/24/2021	Listing removed	--
Source: Owner Report a problem
6/9/2018	Listing removed	$1,360$1/sqft
Source: Owner Report a problem
5/10/2018	Listed for rent	$1,360+8.8%$1/sqft
Source: Owner Report a problem
4/8/2016	Listing removed	--
Source: Auction.com Report a problem
2/18/2016	Listed for sale	--
Source: Auction.com Report a problem
1/7/2016	Listing removed	--
Source: Auction.com Report a problem
12/23/2015	Listed for sale	--
Source: Auction.com Report a problem
12/22/2015	Listing removed	$1,250$1/sqft
Source: Owner Report a problem
11/6/2015	Listed for rent	$1,250$1/sqft
Source: Owner Report a problem
12/13/2005	Sold	$164,900$166/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,192 +3.1%	$138,430 +10%
2024	$3,097 +13.3%	$125,846 +10%
2023	$2,733 +20.4%	$114,406 +10%
2022	$2,269 +12.2%	$104,006 +10%
2021	$2,023 +8.1%	$94,551 +10%
2020	$1,871 +8.1%	$85,956 +10%
2019	$1,731 +7%	$78,142 +10%
2018	$1,617	$71,039 +10%
2017	$1,617 +12.6%	$64,581 +10%
2016	$1,436 +9.3%	$58,710 +10%
2015	$1,313 +33.7%	$53,373 +10%
2014	$982 +27.8%	$48,521 +10%
2013	$768	$44,110 +10%
2012	$768 -22.5%	$40,100 -22%
2011	$991 -41.7%	$51,410 -37%
2010	$1,700 -25.1%	$81,610 -30%
2009	$2,271 -31.2%	$116,590 -33%
2007	$3,302	$174,020
2006	--	--