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Listed
SPACE, POOL & SOUTH FLORIDA LIVING! A spacious 5-bedroom, 2.5-bath home offering approximately 2,820 sq. ft. in the desirable Lakes by the Bay community of Cutler Bay. This home features a double driveway flexible converted garage space that can serve as a home office, gym, game room, hobby space, or additional storage. Enjoy your own private backyard retreat featuring a swimming pool and hot tub, perfect for entertaining, weekend gatherings, or simply relaxing at home. The pool system has been extensively upgraded with new pumps, filters, and valves. Inside, recent improvements include a completely renovated downstairs half bath, upgraded A/C system, new water heater, new flooring in select rooms, polished tile, and additional repairs and improvements throughout the home. All windows upgraded with new locks and rods. Located in a quiet residential community surrounded by scenic lakes and community amenities, this property delivers the space, versatility, and outdoor lifestyle buyers are looking for. Convenient access to shopping, dining, parks, schools, and major roadways puts everything within easy reach. 5 BEDROOMS. 2.5 BATHS. 2,820 SQ. FT. POOL + HOT TUB. FLEXIBLE BONUS SPACE. A fantastic opportunity to own a spacious home in Lakes by the Bay and make it your own. Schedule your showing today!
Approximate — shows the building, not the unit.
We fill in the price and the building's HOA dues. That leaves tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Rent starts from what comparable units are asking nearby. Vacancy and the loan terms below start at common defaults; change them.
Median asking rent for 5-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $5,000–$20,000.That is what landlords ask, not what units let for — edit it if you know better.
Enter property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.
Illustration only — not a loan offer, quote, or investment advice. We are not a lender and neither offer nor arrange financing. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.
Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
Illustration only — not a loan offer, quote, or commitment. We are not a lender and neither offer nor arrange financing. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.
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