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
| MLS # | A12102760 |
|---|---|
| Listing Type | For Sale |
| Style | Town House |
| HOA Dues | $115 |
| Sub-Type | Resale |
| Status | Active |
| Year | 2006 |
| Days On Site | 36 |
| Listing Provided By | Compass Florida, LLC | Karen Hurst PA |
Features
| Bed(s) | 4 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 1,712 |
| Garage | 1 |
| Pool | Yes |
| Story(s) | 2 |
| Property View | Garden |
Exterior
| Lot Features | Flood Zone |
|---|
Parking
| Garage Yes / No | Yes |
|---|---|
| Parking Features | One Space |
Taxes
| Tax Annual Amount | 8871 |
|---|
Area Information
| State | FL |
|---|---|
| County | Miami Dade |
| City | Cutler Bay |
| Zip Code | 33190 |
| Area | 60 |
| Community Name | LAKES BY THE BAY GEE |
| Listing VS Median (in LAKES BY THE BAY GEE) | |
Price: $430,000 low | high Med: $430,000 sqft: 1,712 low | high Med: 1,712 $ / sqft: $251 low | high Med: $251 On site: 36 low | high Med: 36 | |
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Learn More About This Property
| State | FL |
|---|---|
| County | Miami Dade |
| City | Cutler Bay |
| Zip Code | 33190 |
| Area | 60 |
| Community Name | LAKES BY THE BAY GEE |
| Listing VS Median (in LAKES BY THE BAY GEE) | |
Price: $430,000 low | high Med: $430,000 sqft: 1,712 low | high Med: 1,712 $ / sqft: $251 low | high Med: $251 On site: 36 low | high Med: 36 | |