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Townhouse
$449,900$258 / sqft
22412 SW 89th Ave, Cutler Bay FL 33190
Listed
3
Bedrooms
3
Bathrooms
1,747 sqft
Interior
2010
Year built
$98 / mo
HOA
Townhouse
Type
About this home
Discover this beautifully maintained townhouse located in the desirable Lakes by the Bay community. This home features a bright and open floor plan filled with natural light, offering spacious living and dining areas ideal for everyday living and entertaining. Enjoy your private fenced patio—perfect for relaxing, hosting guests, or outdoor dining. The community offers resort-style amenities including a pool, clubhouse, and on-site security. Conveniently located near major highways, shopping, and dining. A fantastic opportunity you don’t want to miss—schedule your private showing today!
Features
- Second Floor Entry
- Closet Cabinetry
- Pantry
- Split Bedroom
- Walk-In Closet(s)
- Other View
- None
Leasing
- Minimum lease
- Not stated
- Leases permitted per year
- 1
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.
Location
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 3-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $2,600–$3,300.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.