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    Cutler Bay, FL
    Residential Income

    Cutler Bay, FL Residential Income Properties for Sale

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    Miami, FL Goulds, FL Homestead, FL
    Converted Duplex Ready for Next
    Updated: Dec 10, 2025
    Converted Duplex Ready for Next

    20075 SW 87th Pl, Cutler Bay, FL 33189

    $822,000
    2,545 sqft
    High income potential with a history of strong rental revenue: $55,000 (2022), $65,000 (2023), $48,000 (2024).
    Fully converted duplex with two spacious units on one folio, offering flexibility for investors or owner‑occupants.
    Recently renovated with updated plumbing, kitchen, flooring, landscaping, and designer finishes.
    Professionally managed, ensuring easy rental for short- or long‑term stays.
    Ideal location near popular destinations like Matheson Hammock Park, Deering Estate, and Fairchild Gardens.
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    This listing looks promising.

    Here's a quick look at some key insights for

    20075 SW 87th Pl, Cutler Bay, FL 33189

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    • Est. Cap Rate

      5.2%
      NOI ÷ price

    • Est. NOI

      $42K
      Annual

    • Price @ 7% Cap

      $606K
      Suggested

    • Property Type

      Condominium
      Built 1974
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    Development Land with Existing Home
    Updated: Jun 26
    Development Land with Existing Home

    8000 SW 184th St, Cutler Bay, FL 33157

    $2,499,999
    2.28 AC lot
    2.28‑acre development property just off Old Cutler Rd in Cutler Bay
    2,635 SF home with 4 bedrooms and 2 bathrooms, plus detached office/flex room, gym room, and detached storage
    Lush lot with mature mango trees
    Two entrances: one on SW 184 St and one on SW 184 Ln
    Utilities and services include electricity, well water, and septic tank
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    Based on your search, we've compiled 14 Potential Opportunities for your consideration. Besides 2 Active listings in Cutler Bay, FL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 4 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    New Construction Duplex With Impact Windows
    New Construction Duplex With Impact Windows

    18316 SW 102 PL, Miami, FL 33157

    $795,000
    2,408 sqft

    Two 3-bedroom, 2-bath units with private tankless water heaters and laundry closets, plus two parking spaces per unit.

    View details
    Palmetto Bay Multifamily Investment Opportunity
    Palmetto Bay Multifamily Investment Opportunity

    14258 SW 88th Ave, Palmetto Bay, FL 33176

    $1,600,000
    3,539 sqft · 0.34 AC lot

    Well-maintained 6-unit multifamily property in Palmetto Bay.

    View details
    Income-Producing Fourplex with Updated Systems
    Income-Producing Fourplex with Updated Systems

    10015 SW 170th Ter, Miami, FL 33157

    $1,175,000
    2,664 sqft

    Centrally located fourplex with new A/C units and updated electric.

    View details
    West Perrine Multifamily Investment Opportunity
    West Perrine Multifamily Investment Opportunity

    10270 SW 181st St, Miami, FL 33157

    $4,299,000
    13,000 sqft · 1.02 AC lot

    16-unit multifamily property in Miami with strong income potential.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Mixed-Use Development Land Lot
    Mixed-Use Development Land Lot

    10025 W Indigo, Miami, FL 33157

    $1,990,000
    0.33 AC lot

    Land offering mixed-use residential and commercial development with a maximum 12-floor build allowance.

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    Multifamily Development Site in Perrine
    Multifamily Development Site in Perrine

    17611 SW 102 Ave, Perrine, FL 33157

    $500,000
    0.30 AC lot

    Approved 8-unit apartment building site in South Miami.

    View details
    Development Opportunity with Income Potential
    Development Opportunity with Income Potential

    10250 SW 177 st, Miami, FL 33157

    $559,900
    0.27 AC lot

    Prime residential property with development potential in high-demand Miami area.

    View details
    Commercial Development Site with Road Frontage
    Commercial Development Site with Road Frontage

    214 S Dixie Hwy, Miami, FL 33189

    $4,500,000
    0.79 AC lot

    Development land with direct US-1 and SW 214th Street frontage for mixed-use and multifamily concepts in South Dade.

    View details

    Off-Market Properties in Cutler Bay, FL

    Consider similar Off-Market properties in Cutler Bay, FL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    20601 Manta Dr
    Multifamily properties

    20601 Manta Dr, Cutler Bay, FL 33189

    Value Estimation by Request
    View details
    20075 87Th Pl
    Multifamily properties

    20075 87Th Pl, Cutler Bay, FL 33189

    Value Estimation by Request
    2,545 sqft
    View details
    20329 Old Cutler Rd
    Lifestyle centers

    20329 Old Cutler Rd, Cutler Bay, FL 33189

    Value Estimation by Request
    View details
    20500 92Nd Pl
    Multifamily properties

    20500 92Nd Pl, Cutler Bay, FL 33189

    Value Estimation by Request
    View details

    Cutler Bay, FL Residential Income Properties Market Trends and Statistics

    Explore 6 residential income properties for sale in Cutler Bay, FL on our real estate platform. These investment opportunities span a total of 2,545 square feet of properties for sale, with an estimated market value of $822,000.

    Sale prices for residential income properties in Cutler Bay, FL start at $822,000, averaging $822,000, and reaching up to $822,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Multifamily properties 4
    Duplexes 3
    Short term rental properties 2
    Single family properties 1

    Demographics Overview

    Population 112K
    Population Growth (5Y) -0.3%
    Median Household Income $76,604
    College Educated 40.3%

    High-Yield Neighborhoods for Investment

    Identify Cutler Bay submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    Miami - 33189 $822K
    Miami - 33157 $2.5M

    Listings Trend

    New vs delisted commercial listings in Miami-Dade County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Miami-Dade County

    Residential Income

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    Most Searched ZIP Codes in Cutler Bay, FL

    • 33157
    • 33189

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