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Paradise Realty FLA
Cutler Bay, FL 33190
- $430,000
- 4
- BD
- 3
- BA
- 1,712
- SqFt
- List Price
- $430,000
- MLS#
- A12102760
- Bedrooms
- 4
- Bathrooms
- 3
- Sq. Ft
- 1,712
- Subtype
- Townhouse
- County
- Miami-Dade
- Subdivision
- Lakes By The Bay Gee
- Region
- 2600
- Year Built
- 2006
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.
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Additional Information
- Hoa Fee
- $115
- Hoa Freq
- Monthly
- Heating
- Central, Electric
- Cooling
- Central Air
- Exterior Features
- Courtyard, Outdoor Living Area
- Community Features
- Home Owners Association
- Flooring
- Laminate, Tile
- Construction
- Block
- Living Area
- 1,712
- Elementary School
- Dr. Edward L. Whigham
- Middle School
- Cutler Bay Middle
- High School
- Miami Southridge
- Pets Allowed
- Yes
Listing courtesy of Compass Florida, LLC. Contact: