$430,000

For sale

Cutler Bay, FL 33190

4 beds3 baths1,712 sq ftBuilt 2006MLS# A12102760

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About this property

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.

Features

  • Garage

Property details

Property type
Townhouse
Year built
2006
Living area
1,712 sq ft
Price per sq ft
$251
HOA fee
$115/mo
Property taxes
$8,871/yr
Parking
1 spaces
Building / community
Lakes By The Bay Gee
Status
For sale
MLS #
A12102760

Listing courtesy of Compass Florida, LLC.

Location

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