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Single Family Residence
$3,400,000$1,219 / sqft
13900 Old Cutler Rd, Palmetto Bay FL 33158
Listed
4
Bedrooms
4
Bathrooms
2,789 sqft
Interior
1953
Year built
None
HOA
Single Family Residence
Type
About this home
If you’re wondering if a true Old Florida home still exists, complete with a lush tropical native and edible landscape, you need to see this property. It’s almost an acre of land surrounded by multimillion dollar homes on historic Old Cutler Road, next to the prestigious Pinecrest neighborhood. You’ll know you’ve arrived when you see the distinctive wall along Old Cutler built from native limestone boulders. Inside the enclave there’s a midcentury gem of a main house with original quarry tile and red oak floors, a working fireplace, vaulted beam and tongue-and-groove ceilings, a spacious covered back porch and a carport. Behind the main house and overlooking the pool sits a 2-story structure built in 2006 that includes a cabana bathroom and a garage with high ceilings to accommodate a boat or several cars. Above it is a charming 900-square-foot studio apartment that looks out into the treetops. Along with underground power lines, the property gets city water but also has 2 private wells connected to sprinklers. With a history of only two owners in 73 years, the enclave is recently refreshed and ready for you to move right in. Come see!
Features
- First Floor Entry
- French Doors
- Other
- Split Bedroom
- Vaulted Ceiling(s)
- Den/Library/Office
- Studio Apartment
- Utility Room/Laundry
- Workshop
Run the numbers
We fill in the price and the building's HOA dues. That leaves tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Rent starts from what comparable units are asking nearby. Vacancy and the loan terms below start at common defaults; change them.
Median asking rent for 4-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $3,800–$9,500.That is what landlords ask, not what units let for — edit it if you know better.
Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management
Cap rate
Cash-on-cash
Monthly cash flow
Net operating income
Enter property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.
Illustration only — not a loan offer, quote, or investment advice. We are not a lender and neither offer nor arrange financing. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.
Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.