$275,000

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

Estimated payment $2,056/month

2 Beds
2 Baths
991 Sq Ft
$277 Price per Sq Ft

Highlights

  • Patio
  • Ceramic Tile Flooring
  • Central Heating and Cooling System
  • Storage Room

About This Home

Beautiful 2 Bedroom / 2 Bathroom Condo in Cutler Bay – 2nd Floor | No Special Assessments | 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 2026, 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.

Listing Agent

Michelle Vasco

United Real Estate Advisors License #3414138 Listed on: 11/26/2025

United Real Estate Advisors

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,097

Year Built

  • Built in 2005

HOA Fees

  • $350 Monthly HOA Fees

Parking

  • 2 Car Parking Spaces

Home Design

  • Cluster Home
  • Entry on the 2nd floor

Interior Spaces

  • 991 Sq Ft Home
  • 3-Story Property
  • Storage Room

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Additional Features

  • Patio
  • Central Heating and Cooling System

Listing and Financial Details

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

Community Details

Overview

  • Low-Rise Condominium
  • Cutler Lakes Condo
  • Cutler Lakes Condo Subdivision
  • The community has rules related to no recreational vehicles or boats

Pet Policy

  • Pets Allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,097

Year Built

Built in 2005

Lot Details

0

HOA Fees

$350 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2005
  • Property Sub Type: Condominium
  • Architectural Style: Patio/Cluster
  • Entry Level: 2
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: CUTLER LAKES CONDO
  • Year Built Details: Effective Year Built
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • CurrentPrice: 275000
  • InternetRemarks: Beautiful 2 Bedroom / 2 Bathroom Condo in Cutler Bay – 2nd Floor | No Special Assessments | Tenant in Place
  • ShowingTimeFlag: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: Second Floor Entry, Storage
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Floor, Vinyl
  • Living Area: 991
  • Stories: 3
  • Bedroom Features: Primary Bath Shower
  • Living Room Features: Storage Room

Exterior Features

  • View: None
  • Construction Type: Concrete Block Construction
  • Patio And Porch Features: Patio
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: CUTLER LAKES CONDO
  • Parking Features: 2 Or More Spaces, No Rv/Boats

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Smoke Detector, No Security

Condo/Co-op/Association

  • Association Fee: 350
  • Amenities: None
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 36-60-09-031-0080

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 3097

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,097 $138,430 -- --
2024 $2,733 $125,846 -- --
2023 $2,733 $114,406 $0 $0
2022 $2,269 $104,006 $0 $0
2021 $2,023 $94,551 $0 $0
2020 $1,871 $125,538 $0 $0
2019 $1,731 $119,560 $0 $0
2018 $1,617 $122,000 $0 $0
2017 $1,436 $64,581 $0 $0
2016 $1,395 $58,710 $0 $0
2015 $1,313 $53,373 $0 $0
2014 -- $48,521 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/26/2025 11/26/25 For Sale $275,000 -- $277 / Sq Ft
Source: MIAMI REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $164,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $140,150 Fannie Mae Freddie Mac
Source: Public Records

Source: MIAMI REALTORS® MLS

MLS Number: A11914001

MIAMI REALTORS® MLS

APN: 36-6009-031-0080

Florida Miami/Dade County Cutler Bay 33189

21130 SW 87th Ave Unit 203, Cutler Bay, FL

For Sale

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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Michelle Vasco
Listing Agent
Michelle Vasco
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United Real Estate Advisors
(786) 833-8837