Homes for sale in Cutler Bay
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Townhouse
Cutler Bay, FL 33190
33190
$430,000
- Beds
- 4
- Baths
- 3
- Sq ft
- 1,712
- Year built
- 2006
- Price per sq ft
- $251
Listing courtesy of Karen Hurst, Compass Florida, LLC
About this home
Rare income-producing opportunity in the sought-after Lakes by the Bay GEE community in Cutler Bay. This two-story 4-bedroom, 3 full bath townhouse is currently generating consistent government-backed rental income with a Housing Choice Voucher (Section 8) tenant in place for 3+ years, zero collection issues, lease through December 2026, tenant seeking renewal.
The layout is a standout for rental investors: one full bedroom and full bath on the ground floor, ideal for multigenerational flexibility and maximum voucher eligibility. Upstairs, three additional bedrooms with high-grade laminate flooring. The main level features brand new ceramic tile, updated stainless steel appliances, granite countertops, a family room, and generous storage throughout. One-car finished garage plus driveway parking.
Hurricane shutters, private yard, and a well-maintained exterior. The community delivers long-term tenant retention drivers: resort-style pool, clubhouse, fitness stations, playground, and a scenic walking path around the lake.
Minutes to US-1, Florida's Turnpike, Black Point Marina, top-rated schools, dining, and shopping.
HAP contract transfers to new owner at closing.
The layout is a standout for rental investors: one full bedroom and full bath on the ground floor, ideal for multigenerational flexibility and maximum voucher eligibility. Upstairs, three additional bedrooms with high-grade laminate flooring. The main level features brand new ceramic tile, updated stainless steel appliances, granite countertops, a family room, and generous storage throughout. One-car finished garage plus driveway parking.
Hurricane shutters, private yard, and a well-maintained exterior. The community delivers long-term tenant retention drivers: resort-style pool, clubhouse, fitness stations, playground, and a scenic walking path around the lake.
Minutes to US-1, Florida's Turnpike, Black Point Marina, top-rated schools, dining, and shopping.
HAP contract transfers to new owner at closing.
Details
Property
- Type
- Townhouse
- Building
- Townhouse Condo
- Year built
- 2006
- Stories
- 2
- Building name
- Lakes By The Bay
- Subdivision
- LAKES BY THE BAY GEE
- County
- Miami-Dade County
- View
- Garden View
- Flood zone
- AE
Interior
- Appliances
- Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Washer
- Flooring
- Tile
- Cooling
- Central Air
- Heating
- Central, Electric
- Features
- First Floor Entry
Exterior and parking
- Exterior
- Courtyard
- Patio and porch
- Open Porch
- Parking
- 1 Space
- Garage spaces
- 1
- Construction
- Concrete Block Construction
Community and fees
- Association fee
- $115 monthly
- Amenities
- Clubhouse-Clubroom, Pool
- Maintenance includes
- Other Maintenance Includes
- Security
- Security Patrol
- Annual taxes
- $8,871
- Terms
- All Cash, Conventional, FHA
- Minimum lease (days)
- 365
The data relating to real estate for sale or lease on this website comes in part from the Internet Data Exchange (IDX) program of MIAMI REALTORS® MLS. Listings are provided by participating brokers.
Information is deemed reliable but is not guaranteed and should be independently verified. It is subject to change and is provided for consumers’ personal, non-commercial use only, to identify properties they may be interested in. Listing last updated October 8, 2026.