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Lakes by the Bay Homes for Sale in Cutler Bay

Know Lakes by the Bay before you buy there: what homes sell for, what they cost to own and how to make the right offer.

Planned lake streets, townhomes and gated sections in the south. Every home currently for sale in Lakes by the Bay, Cutler Bay, straight from BeachesMLS and updated throughout the day.

Lakes by the Bay is the large planned community in the south of Cutler Bay, on streets from about SW 208th to SW 229th Street between SW 87th and SW 100th Avenue, built in sections from the late eighties to about 2013 around a chain of lakes with names such as Bald Eagle Lake and Glossy Ibis Lake. The early numbered sections hold single story houses of three and four bedrooms on compact lots; the later lettered sections, among them Amber, Cee, Day, Eve, Faye, Gee, Jay and Kaye, add two story houses of up to five bedrooms and gated townhome enclaves with their own clubhouse, pool and fitness room, along with smaller enclaves such as Montego. Listings describe jogging paths around the water, tennis courts and a ball field. Each section has its own association and fee, and some homes pay more than one, so we confirm every fee and the leasing rules for the exact address.

Lakes by the Bay Market at a Glance

Updated October 29, 2026 from BeachesMLS: homes and condos in Lakes by the Bay, Cutler Bay.

Active listings40
Median list price$507,450
Median list price per sq ft$296/sq ft
Average days on market118 days
Sold in the last 180 days52
Median sold price (180 days)$509,500
Median sold price per sq ft$285/sq ft
Average days to sell74 days
Sale price as % of list price98.6%
Months of inventory4.6 months
Median sold price vs. a year ago+0.9%

Source: BeachesMLS, listings whose subdivision or remarks name Lakes by the Bay. Sold figures cover closings in the last 180 days, compared with the same 180 days one year earlier. Not an appraisal.

34 listings, newest first.

The 34 listings on this page run from $399,999 to $850,000, with a median of $517,500, about $304 per square foot, and they have been listed a median of 55 days.

The communities with the most listings here are Lakes by the Bay (14), Lakes by the Bay Cee (4), Lakes by the Bay Gee (4), Lakes by the Bay Day (3) and Lakes by the Bay Jay (2), 27 of the 34; the others are spread across 7 more communities. By type: 23 single-family homes, 10 townhomes and villas and 1 condo. Bedrooms run from 2 to 5, a median of 3; they were built between 1986 and 2013, a median of 2004. 5 of the 34 have a pool, and 3 are on the water. They sit in 2 ZIP codes: 33189 and 33190.

Get New Lakes by the Bay Listings Before You Miss Them

Well priced homes can go under contract quickly. Leave your email on this page and BreakThru Realty sends you each new listing that matches this exact search, straight from the MLS, as it comes on the market. You can also save the search, ask about a home, schedule a showing or call an agent from this page.

Own a Home in Lakes by the Bay?

Your buyer may already be looking in Lakes by the Bay. BreakThru Realty works with hundreds of prequalified buyers searching for properties. We review the recent Lakes by the Bay sales, your home's features and whether it fits what a buyer working with us has asked for, then build the plan that reaches the rest of the market if none does.

  • A value range built from comparable Lakes by the Bay, Cutler Bay sales, with the reasoning
  • Whether a buyer already working with BreakThru Realty is looking for a property like yours
  • The plan that reaches the rest of the market if no buyer on file fits
  • An estimate of your selling costs and what you would keep after closing
  • Your timing, privacy and goals, worked through before anything is listed

See If We Have Your Lakes by the Bay Buyer

Selling in Cutler Bay?

See what your home is worth from recent Cutler Bay sales, the days on market and today's buyer demand. See what my home would sell for.

Buying in Cutler Bay?

Every home, condo and townhome for sale in Cutler Bay, straight from the MLS and updated through the day. Find my Cutler Bay home.

Investing in Cutler Bay?

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