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Listed
Inviting 3-bedroom, 2-bathroom home in the desirable Lakes by the Bay community of Cutler Bay! Featuring spacious bedrooms and wood-like flooring throughout, this home offers a comfortable layout with modern touches. Remodeled kitchen features new stainless-steel appliances, including a built-in wine fridge. The primary suite boasts a walk-in closet and private bathroom, while the second bathroom was tastefully remodeled in 2025. Enjoy added convenience with smart outlets and peace of mind with an A/C unit installed in 2024. Step outside to the backyard, where a wooden deck installed in 2023 creates the perfect space for relaxing or entertaining. The converted garage provides a versatile office or guest room, with additional space for storage.
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
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 3-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $3,200–$5,100.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.
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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