<BACK ON THE MARKET><HIGHEST & BEST BY 07/29/2026><FIRE SALE><INVESTOR SPECIAL><TURNKEY INVESTMENT> 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. 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 home offers tremendous flexibility and income-producing potential, featuring private living spaces, spacious bedrooms, and dedicated bathrooms. Important: ***Property is subject to an existing code violation related to unpermitted/illegal efficiency units. Property is being sold AS-IS. Buyer shall assume responsibility for conducting all inspections and due diligence regarding permits, code compliance, zoning, and any corrective actions that may be required by the municipality. Seller makes no representations regarding the legality or future use of the existing improvements.*** 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.
- Built in 1958
- $218.49/sqft
- Lot size: 8,250 sqft
- 50 days on market
- Directions: Continue south for approximately 14 miles. Take Exit 13 – Eureka Drive (SW 184 Street). Turn right (west) onto SW 184 Street. Turn left (south) onto SW 97th Avenue. Turn right onto SW 186th Street. Turn left onto SW 98th Avenue. Arrive at 18615 SW 98th Ave, Cutler Bay, FL 33157
- County: Miami-Dade
- Geo subdivision: BEL AIRE SEC 01
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Let's get in touch!
Let's get in touch!

José Freitas

- Source: Stellar MLS
- MLS #: TB8514478
Listing updated: July 21, 2026 at 3:00PM
Listing provided by: Ronald Ryder, RICHARD PETERS REALTY LLC
Last checked 5 hours ago
Listing provided by: Ronald Ryder, RICHARD PETERS REALTY LLC
Last checked 5 hours ago
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