Cutler Bay, FL 33190
$430,000
Property Type:
Residential
Bedrooms:
4
Baths:
3
Square Footage:
1,982
Status:
Active
Current Price:
$430,000
List Date:
9/27/2025
Last Modified:
10/15/2026
Overview
Description
...
(Read more)
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.
Listing Details MLS# A12102760
General Property Information
- Unit Floor #
- Yes
- Property Sub Type
- Townhouse
- Bedrooms Total
- 4
- Bathrooms Total
- 3
- Bathrooms Full
- 3
- Building Area Main
- 1982
- Living Area Main
- 1712
- Adjusted Area Main
- 1712
- Year Built
- 2006
- Garage YN
- Yes
- Garage Spaces
- Yes
- Covered Spaces
- Yes
- Senior Community YN
- No
- Outdoor Living Spaces YN
- Yes
- Stories Total
- 2
- Stories
- 2
Property Features
Application Information:
3-4 Weeks Approval
Exterior Features:
Courtyard
Flooring:
Laminate; Tile
Property Condition:
Resale
Appliances:
Dishwasher; Dryer; Electric Range; Microwave; Refrigerator; Washer
Construction Materials:
Block
Cooling:
Central Air
Association Type:
Homeowner Association
Fencing:
Fenced
Heating:
Central; Electric
Listing Terms:
Cash; Conventional; FHA
Pets Allowed YN:
Yes
Possession:
Close Of Escrow
Restrictions:
Parking - No RV
Security Features:
Security Patrol
Structure Type:
Townhouse
Tax Information:
Tax Reflects No Exemptions
View:
Garden
Showing Requirements:
24 Hour Notice
Outdoor Living Spaces:
Courtyard; Porch
Porch Details:
Porch - Open
Contract Information
- Comp Sale YN
- No
- Original List Price
- 430000
- Occupant Type
- Tenant
Location and Legal
- County Or Parish
- Miami-Dade
- County Parish Name
- Miami-Dade
- City Name
- Cutler Bay
- Municipal Code
- 36
- State Or Province
- FL
- Postal Code
- 33190
- Postal Code +4
- 1306
- Postal Zip
- 33190
- Subdivision Name
- LAKES BY THE BAY GEE
- Elementary School
- Dr. Edward L. Whigham
- Middle Or Junior School
- Cutler Bay Middle
- High School
- Miami Southridge
- Subdivision Number
- 16
- Flood Zone
- AE
Financial Information
- Association YN
- Yes
- Association Fee
- 115
- Association Fee Frequency
- Monthly
- Application Required YN
- Yes
- Estimated Monthly Assoc Recurring Fee
- 115
- Membership Fee Required YN
- No
- Tax Annual Amount
- 8871
- Tax Year
- 2025
- Tax Legal Description
- LAKES BY THE BAY GEE PB 164-043 T-22075 LOT 11 BLK 15 LOT SIZE 1937 SQ FT FAU 36 6016 000 0020 COC 24792-0451 07 2006 1
Status Change Information
- Major Change Timestamp
- 2025-09-27T04:00:00Z
- Major Change Type
- New Listing
- Status Change Date
- 2026-10-08
More Information
Application Fee Details
- Application Fee Required
- Yes
- Application Fee
- 150
Entry Information
- Entry Level
- Yes
Parking Information
- Open Parking Spaces
- Yes
Leasing Restrictions
- Leasing - Max Times Per Year
- Yes
- Leasing - Minimum Number of Days
- 365
Price Calculations
- Current Price To SqFt
- 251.16
Section Details
- Parcel Number MLX
- 1210
Originating Details
- Originating System Key
- 566146602
- Originating System ID
- M00000151
Listing Office:
Compass Florida, LLC

Last Updated: October - 15 - 2026
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