About This Property
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.
Features & Amenities
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
Specifications