$430,000
Address withheld by the seller
4 bd · 3 ba · 1,712 sq ft
Listing courtesy of Compass Florida, LLC. 954-477-7332
From the MLS
- Bedrooms
- 4
- Bathrooms
- 3
- Living area
- 1,712 sq ft
- Asking per square foot
- $251
- Year built
- 2006
- Association fee
- $115 monthly
- ZIP code
- 33190
- MLS number
- A12102760
What the listing says
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.
Description supplied by Compass Florida, LLC.
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