18615 SW 98TH AVENUE

House Active With Contract

$619,999

BTC: 9.68748438

ETH: 355.09679267

1 days

Active With Contract

House

6 bds •

5 ba •

2,471 sqft

Overview

Under contract-accepting backup offers. This is an incredible opportunity in one of Cutler Bay's most desirable and growing neighborhoods. Situated on a quiet residential street just minutes from shopping, dining, major highways, and everyday conveniences, this versatile property offers the perfect blend of comfortable living and exceptional income-producing potential. Featuring a beautifully maintained main residence along with three additional units, this is an ideal opportunity for investors, multigenerational families, or owner-occupants looking to offset their living expenses with substantial rental income. Beautifully positioned on a fully fenced lot, the property boasts excellent curb appeal with a large circular driveway providing ample parking for multiple vehicles, boats, work trucks, RVs, or recreational toys. Mature tropical landscaping, decorative rock accents, and a spacious covered front porch create a warm and inviting first impression. Decorative tile flooring, exposed beam details, and a beautiful wood front door further enhance the home's charm and character. Inside the main residence, you're welcomed by a bright open-concept layout featuring oversized tile flooring, elegant archways, and abundant natural light throughout. The spacious kitchen is appointed with extensive custom cabinetry, rich stone countertops, stainless steel appliances, and a breakfast bar ideal for entertaining. The beautifully renovated bathroom offers a spa-inspired feel with designer tilework, a frameless glass shower, and modern finishes, while the generously sized bedrooms provide comfort and functionality. Step outside into an impressive private outdoor retreat designed for entertaining and relaxation. The expansive covered patio and custom outdoor kitchen create the perfect setting for gatherings year-round. Beyond, the massive backyard offers endless possibilities with room for a pool, tiki hut, guest house, additional storage, or recreational amenities. The additional living quarters offer tremendous flexibility and income-producing potential, featuring private living spaces with kitchens or kitchenettes, spacious bedrooms, and dedicated bathrooms. Ideal for long-term rentals, extended family accommodations, guest quarters, or maximizing cash flow, these units add significant value and versatility. Major improvements include a 2016 roof, 2011 central AC, mini-splits, and plumbing/electrical in good working order. Additional units include a 1BD/1BA ($1,700/mo), 2BD/1BA ($2,000/mo), and 1BD/1BA ($1,000/mo), generating approx. $4,700/mo gross. Most improvements/additions are believed to be permitted, with the possible exception of the rear smaller unit. Buyer to verify all permits, use, zoning, and financing feasibility. Property is being sold strictly as-is. With no HOA and no rental restrictions, opportunities like this are becoming increasingly rare in South Florida. Whether you're seeking a primary residence with supplemental income, a multigenerational living solution, or a high-cash-flow investment property, this unique Cutler Bay opportunity offers exceptional versatility, strong income potential, and endless possibilities.

Location

Florida • MIAMI • 33157 • House • Active With Contract

Details

Type:

Residential

Parking:

No Data

Year Built:

1958

Lot:

0.19 Acres

Heating:

Central / Electric

Price/sqft:

$251

Cooling:

Central Air

HOA:

No Data

Type:

Residential

Parking:

No Data

Year Built:

1958

Lot:

0.19 Acres

Heating:

Central / Electric

Price/sqft:

$251

Cooling:

Central Air

HOA:

No Data

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.

Valuation

Our model vs. what's actually selling nearby.

Estimate

$699,000

$599K – $859K

Confidence Low

List vs. estimate

$79K below estimate

List $619,999 · -11.3%

Our model says this listing is priced below recent comparable activity. Expect competition.

Price per sq ft

$250

-48.4% vs. city median $486

Based on

15 MLS comparables

+ 30 public-records sales within 0.5 mi

Median actual sale: $530K

Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax

$3,611

2025

Furnished

Negotiable

All facts and features

Flooring

• Ceramic Tile

• Luxury Vinyl

• Porcelain Tile

• Tile

Heating

• Central

• Electric

Cooling

• Central Air

Appliances

• Other

Other interior features

• Other

Bedrooms and bathrooms

• Bedrooms: 6

• Full bathrooms: 5
Property

• Levels: One

• Exterior Features: Other

Lot

• Lot: 0.19 Acres

Other Property Information

• Parcel Number: 3660050042160

• Zoning: 0100
Type and style

• Property Type: Residential

• Property Sub Type: Single Family Residence
Utility

• Other
Other financial information

• Annual tax amount: $3,612
Source details

• MLS ID: TB8514478

Other facts

• Construction Materials: Block / Concrete / Stucco

• Foundation Details: Slab

• Laundry Features: Outside

• Direction Faces: West

• Living Area: 2471

• Water Source: Public

• Lot Size Dimensions: 75 x 110

• Subdivision Name: BEL AIRE SEC 01

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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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. 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: RICHARD PETERS REALTY LLC

18615 SW 98TH AVENUE

Overview

Location

Details

Valuation

Highlights

Interior details

Property details

Construction details

Utilities / Green Energy Details

HOA and Financial Details

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