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Property for sale
$430,000
Townhouse
Cutler Bay, FL 33190
4
Beds
3
Baths
1,712 sqft
Living area
2006
Year built

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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.

Built in 2006
Property Type: Residential

Property highlights

4 bedrooms
3 bathrooms
1,712 sqft of living area
Built in 2006
1 garage spaces
None
Courtyard

Features & Amenities

Interior

First Floor Entry

Appliances

Dishwasher
Dryer
Electric Range
Microwave
Refrigerator
Washer

Exterior

None
Courtyard

Parking

1 Space
$430,000 4 beds / 3 baths / 1,712 sqft

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