Address not disclosed, Cutler Bay, FL 33190
Address not disclosed, Cutler Bay, FL 33190
Address not disclosed, Cutler Bay, FL 33190
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$430,000
Est. payment /mo
4 Beds
3 Baths
1,712 SqFt

UPDATED:

Key Details

Property Type Townhouse

Sub Type Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 1,712 sqft

Price per Sqft $251

Subdivision Lakes By The Bay Gee

MLS Listing ID A12102760

Style None

Bedrooms 4

Full Baths 3

HOA Fees $115/mo

HOA Y/N Yes

Min Days of Lease 365

Leases Per Year 1

Year Built 2006

Annual Tax Amount $8,871

Tax Year 2025

Property Sub-Type Townhouse

Property Description

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.

Location

State FL

County Miami-dade

Community Lakes By The Bay Gee

Area 60

Interior

Interior Features Bedroom on Main Level, First Floor Entry

Heating Central, Electric

Cooling Central Air

Flooring Laminate, Tile

Appliance Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer

Exterior

Exterior Feature Courtyard, Fence, Porch

Garage Spaces 1.0

Pool Association

Amenities Available Clubhouse, Pool

View Garden

Porch Open, Porch

Garage Yes

Private Pool Yes

Building

Lot Description Flood Zone

Architectural Style None

Structure Type Block

Others

Pets Allowed Cats OK, Dogs OK, Yes

HOA Fee Include Other

Senior Community No

Restrictions No RV,No Truck

Tax ID 36-60-16-016-1210

Security Features Security Guard

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

Pets Allowed Cats OK, Dogs OK, Yes

Virtual Tour https://www.propertypanorama.com/instaview/mia/A12102760


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Miami Association of Realtors (SEFMIAMI MLS)
Listed by Compass Florida, LLC
Libby Perez

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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