8950 SW 197th St, Cutler Bay, FL 33157 — MLS photo

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8950 SW 197th St, Cutler Bay, FL 33157

Active · SingleFamilyResidence

$750,000

8950 SW 197th St, Cutler Bay, FL 33157

Beds
3
Baths
2
Living area
2,490 sq ft
$ / sq ft
$301/sq ft
Year built
1959
Lot size
8,800 sq ft
HOA fee
—
Annual tax
$15,911

About this property

Comfortable, quiet oasis in desirable Whispering Pines section of Cutler Bay. This home is ideal for those who love outdoor living. This 4/2 features an outdoor covered patio area that is perfect for entertaining friends and family or enjoying cold beverages with a view to the pool. This home has easy access to the Florida Turnpike and US1 from Caribbean Blvd, and is also a short drive to Black Point Marina and a short drive to Everglades National Park. This home features a metal roof, updated PVC plumbing, sun-filled living spaces, and plenty of room to park your boat or fifth wheel. This home offers the perfect blend of quiet comfort and functionality. Whispering Pines is more than a neighborhood—it’s a community, hosting year-round events like golf cart parades, chili cook-offs, wing fests, and so much more.

Interior & exterior features

Appliances

  • Some Gas Appliances

Cooling

  • Central Air

Heating

  • Central

Views

  • Garden
  • Pool

Parking

  • Driveway

Interior features

  • Bedroom On Main Level
  • First Floor Entry

Exterior features

  • Porch
  • Patio

Pool

  • In Ground
  • Pool

Flooring

  • Ceramic Tile
  • Laminate

roof

  • Aluminum

construction

  • Block

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

$572

Cap rate
6.6%
Net yield
6.6%
Cash-on-cash return
3.3%
Gross yield
10.5%
Mortgage payment
$3,555/mo
Down payment
$187,500
Loan amount
$562,500
Annual NOI
$49,525

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