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OPEN HOUSE | SAT 10/19 | 1-3PM | PRIDE OF OWNERSHIP SHINES THROUGHOUT! This meticulously maintained 5-bedroom, 2.5-bath home with a 2-car garage offers modern upgrades in the desirable gated Lakes by the Bay community of Cutler Bay. Coastal-inspired wall colors, recessed lighting and updated fixtures create a bright, inviting feel. Smart home features add convenience. The renovated open kitchen boasts white cabinetry, quartz countertops, newer appliances and a walk-in pantry. Downstairs offers separate spacious living and dining rooms with tile floors. Upstairs features vinyl wood floors in the hallway and primary bedroom; carpets in the other bedrooms were professionally cleaned. The spacious primary suite has an en-suite bath and walk-in closet with built-ins. Enjoy an artificial-turf backyard, large enclosed patio and built-in outdoor kitchen. Brand-new water heater, roof with plenty of remaining life and hurricane window protection. Low monthly HOA, quiet neighborhood and nearby guest parking. Community amenities include a clubhouse, resort-style pool, fitness center, event hall and playground. Nearby Lakes by the Bay Park offers sports fields, walking trails and kayak access. The home is minutes from Black Point Park & Marina, with boating access to Biscayne Bay and routes toward the Florida Keys, plus shopping and dining. A home that feels like a getaway! Don't miss your chance to make it yours!
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 5-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $5,000–$20,000.That is what landlords ask, not what units let for — edit it if you know better.
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.
Leasing terms as stated in the MLS listing, not verified by us. The association’s governing documents control what is actually permitted and can change — confirm before you buy.
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
Illustration only — not a loan offer, quote, or commitment. We are not a lender and neither offer nor arrange financing. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.
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