CUTLER LAKES CONDO

21130 SW 87th Ave # 203, Cutler Bay FL 33189

2 beds · 2 baths · 991 ft²

For Sale · Active Listing

$275,000

Est. Payment $1,464/mo

MLS Sheet Video

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.

Market insights for Cutler Bay

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

May 2026

100/100
Buyers marketSellers market

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).

11/26/2025Listed 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

21130 SW 87th Ave # 203, Cutler Bay FL 33189Directions

GreatSchools Summary Ratings

Public + private K-12 schools within 5 miles of this listing.

GreatSchoolsData provided by GreatSchools.org © 2026. All rights reserved.

Estimated Monthly Payment

$1,843/mo

Principal & Interest

$1,464

Property Tax

$229

Insurance

$150

HOA

$0

20% ($55,000)
7.00%
30 years
1.00% (FL avg ~1.0%)
$0/mo
$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

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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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21130 SW 87th Ave # 203, Cutler Bay FL 33189 | $275,000 | Rangely Adames Miami Real Estate