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Active Townhouse
$430,000

Cutler Bay, FL 33190

4 Beds
Bedrooms
3 Baths
Bathrooms
1,712 sqft
Living Area
2006
Year Built

About This Property

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.

Property Details

Property Type Townhouse
Days on Market 382 days
HOA Fee $115/mo
Parking — spaces
Pool No
Waterfront No
Community LAKES BY THE BAY GEE
Pets Allowed

Assigned Schools

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School Grades Address Report Card
Whigham, Dr. Edward L. Elementary
Elementary 305-234-4840
PK-5
21545 SW 87 Ave., Miami, FL 33189
Cutler Bay Middle
Middle 305-235-4761
6-8
19400 Gulfstream Rd., Miami, FL 33157
Miami Southridge Senior High
High School 305-238-6110
9-12
19355 SW 114 Ave., Miami, FL 33157

Source: County GIS attendance zone boundaries. Assignments are based on property location and may change. Use Miami-Dade County Public Schools's official locator to confirm.

Location

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Dayron Crespo
Broker

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