CUTLER LAKES CONDO
21130 SW 87th Ave # 203, Cutler Bay FL 33189
2 beds · 2 baths · 991 ft²
$275,000
Est. Payment $1,464/mo
2
Bedrooms
2
Bathrooms
991
Sq. Ft.
2005
Year Built
3
Stories
160
Days on Market
Description
Beautiful 2 Bedroom / 2 Bathroom Condo in Cutler Bay – 2nd Floor | No Special Assessments | Ideal for Investors with Tenant in Place. Excellent opportunity to own a well-maintained 2/2 condo located on the second floor of a desirable Cutler Bay community. This spacious unit features a functional split-bedroom layout, ample natural light, and comfortable living areas. No special assessments—buy with confidence. A long-term tenant is in place through April 2027, offering immediate and consistent rental income, making this a strong investment option. Ideal for investors or first-time homebuyers planning ahead. Convenient location near shopping, dining, parks, marina, and major highways. Perfect for anyone looking to expand their portfolio or secure a future primary residence in a growing area.
Facts
- MLS#
- A11914001
- Subdivision
- CUTLER LAKES CONDO
- Property Type
- Residential
- Property Sub Type
- Condominium
- Year Built
- 2005
- Lot Size
- 0 sqft
- Sq. Ft.
- 991 ft²
- Sq. Mt.
- 92 m²
- Price per sq. ft.
- $277/ft²
- Price per sq. mt.
- $2,989/m²
- Stories
- 3
- Garage
- —
- Pool
- —
- Days on Market
- 160 days
- Listed
- Nov 26, 2025
- Last Updated
- May 5, 2026
- Price/Lot Sq.Ft.
- —
Comparable homes
Same ZIP, similar price + bedrooms.

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Market insights for Cutler Bay
Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.
Sellers market
May 2026
75
Median days to sold
+4.5%
1-year price forecast (est.)
Price & tax history
From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).
| 11/26/2025 | Listed for sale | $275,000 |
History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).
Location
GreatSchools Summary Ratings
Public + private K-12 schools within 5 miles of this listing.
Ruth K. Broad Bay Harbor K-8 CenterPK,KG,1,2,3,4,5,6,7,8 · public · 1.1 mi
MAST@FIU9,10,11,12 · public · 1.1 mi
David Lawrence Jr. K-8 CenterPK,KG,1,2,3,4,5,6,7,8 · public · 1.6 mi
Amikids Miami-Dade North6,7,8,9,10,11,12 · public · 1.6 mi
Alonzo And Tracy Mourning Senior High Biscayne Bay Campus9,10,11,12 · public · 1.8 mi
Beth Moshe CongregationPK,KG · private · 1.9 mi
Mater Academy Miami BeachKG,1,2,3,4,5,6,7,8 · charter · 1.9 mi
Temple Beth Moshe PreschoolPK,TK,KG,1 · private · 1.9 mi
Lanaar Elementary School1,2 · private · 1.9 mi
St. Joseph's SchoolPK,KG,1,2,3,4,5,6,7,8 · private · 1.9 mi
Estimated Monthly Payment
$1,843/mo
Principal & Interest
$1,464
Property Tax
$229
Insurance
$150
HOA
$0
Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.
The data relating to real estate for sale on this website comes in part from the Southeast Florida Multiple Listing Service. MLS Data is deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.
Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may be a violation of federal and state law.
Copyright Southeast Florida MLS a/k/a SEFMLS © 2026.
Updated within 24 hours
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