Skip to content
All listings
Pending
Single Family Residence
$655,000$332 / sqft

8121 SW 205th St, Cutler Bay FL 33189

4
Bedrooms
2
Bathrooms
1,972 sqft
Interior
1973
Year built
$54 / mo
HOA
Single Family Residence
Type

About this home

Welcome to Saga Bay living! This spacious 4-bedroom, 2-bath home offers nearly 2,000 sq ft of living space on an oversized lot with room for a pool. Featuring a functional one-story layout, tile flooring throughout, family room, Florida room, circular driveway, and 2-car garage, this home is ideal for families or investors alike. Located just minutes from Saga Bay Park, shopping, dining, and top commuter routes, this property combines comfort, convenience, and long-term value. Priced below market value, this home presents an excellent opportunity for instant equity and future appreciation in one of Cutler Bay’s most established communities. Don’t miss your chance to own in sought-after Saga Bay!

Features

  • First Floor Entry
  • Family Room
  • Florida Room
  • Utility/Laundry In Garage
  • None

Location

Approximate — shows the building, not the unit. Open in maps (opens in a new tab)

Estimated loan & HOA

$3,366

Loan payment and HOA only. Property tax and insurance are significant here and are not included.

Principal & interest
$3,312
HOA
$54 / mo

Illustration only — not a loan offer, quote, or commitment. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.

Schedule a tour

Request a private or video tour with a local agent.

Courtesy of
Keller Williams Realty SW

Run the numbers

We fill in the price and the building's HOA dues. That leaves rent, tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Vacancy and the loan terms below start at common defaults; change them.

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 rent, 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. 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.