, Cutler Bay, FL 33190

$430,000 · Active

  • 4 beds
  • 3 baths
  • 1,712 sq ft
  • Townhouse
  • Built 2006
  • HOA $115/mo
  • 1,982 sq ft total
  • 1 garage space
  • MLS# A12102760
  • Lakes By The Bay Gee
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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.

Features

Schools

  • Elementary: Dr. Edward L. Whigham
  • Middle: Cutler Bay Middle
  • High: Miami Southridge

Presented by

BreakThru Realty · (786) 914-1017

Courtesy of

Compass Florida, LLC · mlsfl@compass.com · Listing agent: Karen Hurst

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Schedule a showing

Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com to see .

Questions About

How much is this property?
this property is listed at $430,000, which is about $251 per square foot. The listing page shows comparable active listings and recent closed sales nearby so you can judge the asking price against what buyers have actually paid.
What are the association fees at this property?
The listing reports an association fee of $115 per month. Confirm what the fee covers, the reserve funding and any pending special assessments before you make an offer; for a condo, ask for the milestone inspection report as well.
What are the property taxes on this property?
The listing reports annual property taxes of $8,871 for 2025. Taxes are reassessed at the sale price after a purchase, so a new owner's bill can differ from the current owner's; use the mortgage calculator on this page for an estimate.
When was this property built?
this property was built in 2006 and the listing describes its condition as resale. Age matters for insurance and financing in Florida: ask about the roof, the electrical panel and, for a condo built before the current code, the building's structural reserve study.
How long has this property been on the market?
this property has been listed for 399 days. Days on market and price changes are the first signals of how much room there is to negotiate.
Which schools serve this property?
The MLS lists Dr. Edward L. Whigham (elementary), Cutler Bay Middle (middle), Miami Southridge (high). School assignments are set by the district and can change; verify them with the school board before you rely on them.
How do I see this property?
Request a showing from this page or call BreakThru Realty and a licensed agent will arrange a private tour, in person or by video, and answer anything the listing leaves out.

To request a tour, call (786) 914-1017 or email sales@breakthrurealty.com.

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The 3 bedroom townhome at 22412 SW 89th Avenue, Cutler Bay, FL 33190 is comparable and listed for sale at $449,900. Another comparable townhome, 8979 SW 225th Street, Cutler Bay, FL 33190, sold for $430,000 in September 2026. Other Cutler Bay neighborhoods include Capistrano and Sea Grape. Nearby ZIP codes include 33189 and 33157. This property also neighbors Palmetto Bay, Pinecrest, and South Miami. Compare it with the Cutler Bay housing market report.