This property is an investor’s dream! Fully designed, furnished, and managed by an outstanding property management company. Both sides of the duplex are easily rented for short- or long-term stays. It’s the perfect rental property for all the weddings in Homestead. Conveniently located near Matheson Hammock Park, Deering Estate, Fairchild Tropical Gardens, Little Havana, and many other famous tourist destinations. The property underwent a complete renovation and features brand-new appliances, plumbing, landscaping, sprinkler system, kitchen, flooring, and designer finishes. Each unit also has its own separate outdoor spaces. The roof was redone around 2018. In 2022, the property generated $55,000 in income. 2023 & 2024 information will be uploaded shortly.
The median home value in Cutler Bay, FL is $589,500. This is higher than the county median home value of $463,600. The national median home value is $338,100. The average price of homes sold in Cutler Bay, FL is $589,500. Approximately 62.26% of Cutler Bay homes are owned, compared to 32.85% rented, while 4.9% are vacant. Cutler Bay real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Cutler Bay real estate agent to arrange a tour today!
Cutler Bay, Florida has a population of 44,865. Cutler Bay is more family-centric than the surrounding county with 28.9% of the households containing married families with children. The county average for households married with children is 27.22%.
The median household income in Cutler Bay, Florida is $73,075. The median household income for the surrounding county is $57,815 compared to the national median of $69,021. The median age of people living in Cutler Bay is 39.5 years.
The average high temperature in July is 89 degrees, with an average low temperature in January of 57.2 degrees. The average rainfall is approximately 58.2 inches per year, with 0 inches of snow per year.