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20031 Island Rd, Cutler Bay, Florida 33189

Active For Sale
$750,000
  • Beds 4
  • Baths 2
  • Sq Ft 2,151 Sqft
  • Visits: 3 in 6 days

Description

An exceptional opportunity for multi-generational living or savvy investors! This property features a spacious main house with 3 bedrooms, 1 bath, and 1,695 sq. ft. of living space. In addition, you’ll find a PERMITTED 2-bedroom, 2-bath guest suite, a 1-bedroom, 1-bath efficiency apartment, and a studio efficiency—all collectively generating over $6,000 in monthly rental income. The guest suite and apartments open to a serene covered lanai, while the main house offers a beautiful pool with a waterfall. Current tenants are flexible and can remain or vacate prior to closing. Nestled on an oversized lot near major highways and shopping, this property is a rare gem, combining versatility with incredible income potential!

Features

  • Swimming Pool: Pool, In Ground
  • Heating System: Central
  • Cooling System: Central Air
  • Security: Smoke Detector(s)
  • Patio: Patio
  • Parking: Driveway, On Street

Appliances

  • Appliances: Electric Range, Refrigerator

Address Map

  • Country: US
  • State: FL
  • County: Miami-Dade
  • City: Cutler Bay
  • Subdivision: CUTLER RIDGE SEC 5
  • Zipcode: 33189
  • Street: Island Rd
  • Street Number: 20031
  • Floor Number: 0
  • Longitude: W81° 39′ 0.6”
  • Latitude: N25° 34′ 49.7”
  • Directions: From the Turnpike take the Caribbean Blvd exit to left on Caribbean Blvd and at the traffic circle, take the 3rd exit onto Gulfstream Rd to right on Bahama to left on Island Rd to address
  • MLS Area: 60

MLS Addon

  • Architectural Style: Detached, One Story
  • Association Fee: $0
  • Close Price: $0
  • Elementary School: Cutler Ridge
  • Exterior Features: Patio
  • Flooring: Tile
  • High School: Miami Southridge
  • Insurance Expense: $0
  • Interior Features: First Floor Entry, Walk-in Closet(s)
  • Listing Terms: Cash, Conventional
  • Lot Features: < 1/4 Acre
  • Middle Or Junior School: Cutler Bay
  • New Taxes Expense: $0
  • Road Frontage Type: City Street
  • Stories: 1
  • Tax Annual Amount: $4,699
  • Tax Year: 2023

Location

Listing Updated: 2024-10-19 10:45:11

  • Property Type : Single Family
  • Property Sub Type : Single Family Residence
  • Listing Type : For Sale
  • Listing ID : A11673163
  • Price : $750,000
  • View : None
  • Bedrooms : 4
  • Bathrooms : 2
  • Full Bathrooms : 2
  • Half Bathrooms : 0
  • Square Footage : 2,151 Sqft
  • Year Built : 1957
  • Lot Area : 0 Acre
  • Listing Status : Active
  • Days On Market : 5
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