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Residential in Cutler Bay

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.

Property Highlights

View

  • Garden

Cooling

  • Central Air

Fencing

  • Fenced

Heating

  • Central
  • Electric

Flooring

  • Laminate
  • Tile

Amenities

  • Clubhouse
  • Pool

Appliances

  • Dishwasher
  • Dryer
  • Electric Range
  • Microwave
  • Refrigerator
  • Washer

Possession

  • Close Of Escrow

Pets Allowed

  • Cats OK
  • Dogs OK

Restrictions

  • Parking - No RV

Listing Terms

  • Cash
  • Conventional
  • FHA

Porch Details

  • Porch - Open

Structure Type

  • Townhouse

Pets Allowed YN

  • Yes

Tax Information

  • Tax Reflects No Exemptions

Association Type

  • Homeowner Association

ExteriorFeatures

  • Courtyard

SecurityFeatures

  • Security Patrol

Exterior Features

  • Courtyard

Security Features

  • Security Patrol

Master BedroomBath

  • Master Bdrm - Ground

Property Condition

  • Resale

AssociationAmenities

  • Pool
  • Clubhouse

Showing Requirements

  • 24 Hour Notice

Outdoor Living Spaces

  • Courtyard
  • Porch

PatioAndPorchFeatures

  • Porch - Open
  • Porch

Construction Materials

  • Block

Application Information

  • 3-4 Weeks Approval

Leasing

  • Minimum lease: 365 days
  • Leases per year: 1

Property Details

Property TypeResidential
StyleTownhouse
Year Built2006
SubdivisionLAKES BY THE BAY GEE
Living Area1,712 sq ft
Bedrooms4
Baths3
Half Baths0
HOA Fee$115 / Monthly
Annual Tax$8,871 (2025)
Pets AllowedCats OK, Dogs OK, Yes
Listing OfficeCompass Florida, LLC
Listing AgentKaren Hurst
Office Phone954-477-7332