8620 SW 185th Ter, Cutler Bay, FL 33157 — MLS photo

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8620 SW 185th Ter, Cutler Bay, FL 33157

Active · SingleFamilyResidence

$799,000

8620 SW 185th Ter, Cutler Bay, FL 33157

Beds
4
Baths
2
Living area
1,772 sq ft
$ / sq ft
$451/sq ft
Year built
1958
Lot size
15,000 sq ft
HOA fee
—
Annual tax
—

About this property

MAJOR PRICE IMPROVEMENT- NOW $799,000! NO FLOOD ZONE! Welcome to highly desirable North Cutler Bay & the perfect home for enjoying South Florida living! This beautifully maintained 4-bedroom, 2-bath home with a 2-car garage sits on a rare oversized 15,000 sq ft lot and features a screened-in pool and a fully fenced, private backyard—ideal for entertaining, relaxing poolside, or hosting family and friends. Inside, the home offers a spacious functional layout & includes a bedroom with its own private entrance on the opposite side of the home, perfect for guests, in-laws, or a home office. The expansive lot provides plenty of space for boats, RVs, and all your outdoor toys. A detached shed with electric offers excellent extra storage, workshop space, or potential office conversion. Lovingly cared for by the same owners for 25 years. Located in a highly desirable neighborhood close to A-rated schools and just minutes from Palmer Trinity School. Our community has many family events hosting golf cart parades, chili cook-offs, wing-fests and more. Located near downtown Cutler Bay, the Turnpike, and popular Black Point Marina. Bring your offers!

Property location

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8620 SW 185th Ter, Cutler Bay, FL 33157

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Facts & features

Interior

Bedrooms
4
Bathrooms
2
Living area
1,772 sq ft

Exterior & Structure

Property type
SingleFamilyResidence
Year built
1958
Lot size
15,000 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

County
Miami-Dade
MLS listing ID
A11979496
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$671

Cap rate
4.7%
Net yield
4.7%
Cash-on-cash return
-3.6%
Gross yield
8.1%
Mortgage payment
$3,788/mo
Down payment
$199,750
Loan amount
$599,250
Annual NOI
$37,406

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.