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21130 SW 87th Ave # 203, Cutler Bay FL 33189

Condo/Co-op Active With Contract
$275,000

BTC: 4.36507937

ETH: 157.50286369

190 days
2 bds
2 ba
991 sqft

Overview

Beautiful 2 Bedroom / 2 Bathroom Condo in Cutler Bay – 2nd Floor | No Special Assessments | Ideal for Investors with Tenant in Place. Excellent opportunity to own a well-maintained 2/2 condo located on the second floor of a desirable Cutler Bay community. This spacious unit features a functional split-bedroom layout, ample natural light, and comfortable living areas. No special assessments—buy with confidence. A long-term tenant is in place through April 2027, offering immediate and consistent rental income, making this a strong investment option. Ideal for investors or first-time homebuyers planning ahead. Convenient location near shopping, dining, parks, marina, and major highways. Perfect for anyone looking to expand their portfolio or secure a future primary residence in a growing area.

Location

Florida • Cutler Bay • 33189 • Condo/Co-op • Active With Contract

Details

Type:
Residential
Parking:
2 Or More Spaces / No Rv/Boats
Year Built:
2005
Lot:
No Data
Heating:
Central
Price/sqft:
$277
Cooling:
Central Air
HOA:
$350

Valuation

Our model vs. what's actually selling nearby.
Estimate
$210,000
$178K – $304K
Confidence Low
List vs. estimate
$65K above estimate
List $275,000 · +31.0%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$277
+4.6% vs. city median $265
Based on
47 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $545K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$3,097
2024
HOA
$350/mo
View
None
Pets
Allowed
All facts and features

  • Flooring

    • Ceramic Floor

    • Vinyl

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Dryer

    • Microwave

    • Electric Range

    • Refrigerator

    • Washer

    Other interior features

    • Second Floor Entry

    • Storage

    Bedrooms and bathrooms

    • Bedrooms: 2

    • Full bathrooms: 2

  • Parking

    • 2 Or More Spaces

    • No Rv/Boats

    Other Property Information

    • Parcel Number: 36-60-09-031-0080

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Other financial information

    • HOA: $350

    • HOA Frequency: Monthly

    • Annual tax amount: $3,097

  • Source details

    • MLS ID: A11914001

    Other facts

    • Construction Materials: Concrete Block Construction

    • Patio And Porch Features: Patio

    • Architectural Style: Patio/Cluster

    • Living Area: 991

    • Subdivision Name: CUTLER LAKES CONDO

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
33189
105
median $550K
Active
Same city
Cutler Bay
266
median $566K
Active
Same type
Condo/Co-op
58
median $244K
Active
Similar price
$192K – $357K
61
median $270K
Active

The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: United Real Estate Advisors