Townhouse in Cutler Bay for sale with MLS# A12102760
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.
The street address for this listing (MLS-A12102760) is private
- Price:
- $430,000.00
- Original List Price:
- $430,000.00
- List Price per Sq Ft (Calculated, Approx.):
- $251.16
- Listing Type:
- For Sale
- Status:
- Active
- Listing Category:
- Residential
- Property Type:
- Townhouse
- Description of Last Important Update:
- New Listing
- Last Major Update on:
- September 27, 2025 4:00 am
- Bedrooms:
- 4
- Bathrooms Total:
- 3
- Full Bath:
- 3
- Master Bedroom Bath:
- Master Bdrm - Ground
- Living Area:
- 1,712 Sqft
- Built-Up Area:
- 1,982 Sqft
- View from the Property:
- Garden
- Waterfront:
- No
- Security:
- Security Patrol
- Appliances:
- Dryer, Dishwasher, Microwave, Refrigerator, Washer, Electric Range
- Exterior:
- Courtyard
- Patio and Porch:
- Porch, Porch - Open
- Air Conditioning
- Air Conditioning System:
- Central Air
- Heating
- Heating System:
- Central, Electric
- Fence:
- Fenced
- Year Built:
- 2006
- Levels:
- Two
- Entry Level (floor):
- 1
- Construction Materials:
- Block
- Flooring:
- Tile, Laminate
- Number of stories:
- 2
- Structure Type:
- Townhouse
- Stories:
- 2
- Flood Zone Code:
- AE
- Property Condition:
- Resale
- Tax Annual Amount:
- $8,871.00
- Tax Year:
- 2025
- Association Fee:
- $115.00
- Association Fee Frequency:
- Monthly
- Property Tax Details:
- Tax Reflects No Exemptions
- Garage
- Garage Spaces:
- 1
- Covered Spaces:
- 1
- Association
- Application Required
- Application Fee:
- $150.00
- Application Information:
- 3-4 Weeks Approval
- Association Type:
- Homeowner Association
- Pets Allowed?
- Lease Number Times per Year Allowed:
- 1
- Amenities Provided by the Homeowner's Association (HOA):
- Pool, Clubhouse
- Subdivision Name:
- LAKES BY THE BAY GEE
- Senior Community:
- No
- Restrictions:
- Parking - No Rv
- Minimum Days per Lease:
- 365
- Listing Terms Considered by Seller:
- Cash, Conventional, FHA
- Buyer Possession:
- Close Of Escrow
- 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
- Elementary School:
- Royal Palm Beach (palm Beach)
- High School:
- Miami Southridge
- Middle Or Junior School:
- Cutler Bay Middle
- Active on the market since:
- September 27, 2025
- Listing Agreement executed on:
- September 27, 2025
- Listing Status Last Changed On:
- September 27, 2025 4:00 am
- Photos updated on:
- October 15, 2026 12:47 am
- Last Modified:
- October 15, 2026 12:48 am
- Courtesy of:
- Compass Florida, LLC
- Attribution:
- Not provided
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Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
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