$430,000
MLS# A12102760
4 beds | 3 baths | 1982 sqft
1 / 74
Property Description
Rare income-producing opportunity in the sought-after Lakes by the Bay GEE community in Cutler Bay. This two-story 4-bedroom, 3 full bath townhouse is currently generating consistent government-backed rental income with a Housing Choice Voucher (Section 8) tenant in place for 3+ years, zero collection issues, lease through December 2026, tenant seeking renewal.The layout is a standout for rental investors: one full bedroom and full bath on the ground floor, ideal for multigenerational flexibility and maximum voucher eligibility. Upstairs, three additional bedrooms with high-grade laminate flooring. The main level features brand new ceramic tile, updated stainless steel appliances, granite countertops, a family room, and generous storage throughout. One-car finished garage plus driveway parking.Hurricane shutters, private yard, and a well-maintained exterior. The community delivers long-term tenant retention drivers: resort-style pool, clubhouse, fitness stations, playground, and a scenic walking path around the lake.Minutes to US-1, Florida's Turnpike, Black Point Marina, top-rated schools, dining, and shopping.HAP contract transfers to new owner at closing.
Details
Contract Information
Comp Sale YN: No
Occupant Type: Tenant
Listing Date: 2025-09-27
Status: Active
Original List Price: 430000
List Price: $430,000
Current Price: $430,000
Location and Legal
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
City Name: Cutler Bay
Municipal Code: 36
Postal Zip: 33190
Subdivision Number: 16
Flood Zone: AE
State Or Province: FL
Postal Code: 33190
Postal Code +4: 1306
Subdivision Name: LAKES BY THE BAY GEE
Elementary School: Dr. Edward L. Whigham
Middle Or Junior School: Cutler Bay Middle
High School: Miami Southridge
General Property Information
Unit Floor #: 1
Adjusted Area Main: 1712
Living Area Main: 1712
Senior Community YN: No
Outdoor Living Spaces YN: Yes
Stories Total: 2
Stories: 2
Property Sub Type: Townhouse
Bedrooms Total: 4
Bathrooms Total: 3
Bathrooms Full: 3
Building Area Main: 1982
Year Built: 2006
Garage YN: 1
Garage Spaces: 1
Covered Spaces: 1
Financial Information
Application Required YN: Yes
Estimated Monthly Assoc Recurring Fee: 115
Membership Fee Required YN: No
Association YN: 1
Association Fee: 115
Association Fee Frequency: Monthly
Tax Annual Amount: 8871
Tax Year: 2025
Tax Legal Description: LAKES BY THE BAY GEE PB 164-043 T-22075 LOT 11 BLK 15 LOT SIZE 1937 SQ FT FAU 36 6016 000 0020 COC 24792-0451 07 2006 1
Office/Member Information
DXORIGMLSID: SEF
Application Fee Details
Application Fee Required: Yes
Application Fee: 150
Application Information
3-4 Weeks Approval: 1
Amenities
Clubhouse: 1
Pool: 1
Entry Information
Entry Level: 1
Exterior Features
Courtyard: 1
Flooring
Laminate: 1
Tile: 1
Parking Information
Open Parking Spaces: 1
Property Condition
Resale: 1
Fencing
Fenced: 1
Structure Type
Townhouse: 1
Possession
Close Of Escrow: 1
View
Garden: 1
Heating
Central: 1
Electric: 1
Leasing Restrictions
Leasing - Max Times Per Year: 1
Leasing - Minimum Number of Days: 365
Appliances
Dishwasher: 1
Dryer: 1
Electric Range: 1
Microwave: 1
Refrigerator: 1
Washer: 1
Construction Materials
Block: 1
Listing Terms
Cash: 1
Conventional: 1
FHA: 1
Security Features
Security Patrol: 1
Cooling
Central Air: 1
Association Type
Homeowner Association: 1
Showing Requirements
24 Hour Notice: 1
Master Bedroom/Bath
Master Bdrm - Ground: 1
Pets Allowed YN
Yes: 1
Restrictions
Parking - No RV: 1
Tax Information
Tax Reflects No Exemptions: 1
Outdoor Living Spaces
Courtyard: 1
Porch: 1
Porch Details
Porch - Open: 1
Price Calculations
Current Price To SqFt: 251.16
Section Details
Parcel Number MLX: 1210
Status Change Information
Major Change Timestamp: 2025-09-27T04:00:00Z
Major Change Type: New Listing
Status Change Date: 2026-10-08
Originating Details
Originating System Key: 566146602
Originating System ID: M00000151
Property Features
Application Information: 3-4 Weeks Approval
Exterior Features: Courtyard
Flooring: Laminate; Tile
Property Condition: Resale
Appliances: Dishwasher; Dryer; Electric Range; Microwave; Refrigerator; Washer
Construction Materials: Block
Cooling: Central Air
Association Type: Homeowner Association
Fencing: Fenced
Heating: Central; Electric
Listing Terms: Cash; Conventional; FHA
Pets Allowed YN: Yes
Possession: Close Of Escrow
Restrictions: Parking - No RV
Security Features: Security Patrol
Structure Type: Townhouse
Tax Information: Tax Reflects No Exemptions
View: Garden
Showing Requirements: 24 Hour Notice
Outdoor Living Spaces: Courtyard; Porch
Porch Details: Porch - Open
Listing Office: Compass Florida, LLC
Last Updated: October - 08 - 2026
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