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Listed
Peace of mind meets everyday comfort in Lakes by the Bay. This 3-bedroom, 2-bathroom single-family home offers 1,561 SF of living space on a 5,370 SF lot, protected by impact windows and doors throughout. Inside, a formal dining room sets the stage for holidays and dinner parties, while spacious living areas give everyone room to spread out. An indoor laundry area with washer and dryer and an attached 1-car garage add easy daily convenience. The real showstopper is outside: a generously sized covered patio made for entertaining, weekend grilling, or quiet morning coffee, plus an expansive side yard with room for gardening, play, pets, or future possibilities. Bring your vision and make this one your own. Lakes by the Bay offers an established, tucked-away community setting with convenient access to US-1, Florida's Turnpike, Southland Mall, Black Point Marina, parks, schools, and dining, with Biscayne National Park and the Florida Keys an easy drive away. A well-located Cutler Bay home with impact protection and real outdoor space at this price point is a rare find. Schedule your private showing today.
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.
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 3-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $3,200–$5,100.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.
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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