18615 SW 98TH AVENUE
Miami, FL, 33157
$
524,999
Bedrooms4
Baths2.0
Sq
2,471
Monthly Estimate*
$
3,315
for $524,999 with 4 bedrooms and 2 full baths. This 2,471 square foot home was built in 1958 on a lot size of 0.19.
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.
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Features
General
Sewer
Public Sewer
Heating
Central
Electric
Cooling
Central Air
Utilities
Other
Possession
Negotiable
Roof
Built-Up
Shingle
Appliances
Other
Zoning
0100
Construction Materials
Block
Concrete
Stucco
Year Built
1958
Levels
One
Property Subtype
Single Family Residence
Tax Year
2025
Ownership
Fee Simple
County
Miami-Dade
New Construction
false
Property Type
Residential
Subdivision Name
BEL AIRE SEC 01
Facing Direction
West
Garage Y/N
false
Total Rooms
3
Full Baths
2
Status
Active
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
City
MIAMI
Senior Community Y/N
false
MLS Area
33157 - Miami
Lot Size Units
Square Feet
Lot Size Square Feet
8250
Carport Spaces
1
Carport Y/N
true
Listing Terms
Cash
Conventional
Land Lease Y/N
false
Tax Annual Amount
3611.64
Additional Parcels Y/N
false
Lease Considered Y/N
true
Virtual Tour
https://www.propertypanorama.com/instaview/stellar/TB8514478
Building Area Units
Square Feet
Living Area Units
Square Feet
Standard Status
Active
Occupancy Type
Tenant
Tax Lot
5
Legal Description
5 56 40 BEL-AIRE SEC 1 PB 65-36 LOT 5 BLK 10 LOT SIZE 75.000 X 110 OR 15890-2340 0493 1 COC 23087-2994 01 2005 1
Minimum Lease
No Minimum
Water Access Y/N
false
Water View Y/N
false
Flood Zone Code
AH
In Law Suite YN
false
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Interior
Interior Amenities
Other
Flooring
Ceramic Tile
Luxury Vinyl
Porcelain Tile
Tile
Furnished Y/N
Negotiable
Total Stories
1
Air Conditioning Y/N
true
Heating Y/N
true
Fireplace Y/N
false
Half Baths
0
Laundry Features
Outside
Total Bedrooms
4
Total Baths
2
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Exterior
Exterior Amenities
Other
Water Source
Public
Lot Size Area
8250
Foundation Details
Slab
Building Area Total
2471
Lot Dimensions
75 x 110
Lot Size Acres
0.19
Road Surface Type
Asphalt
Concrete
Private Pool
false
Waterfront Y/N
false
Covered Spaces
1
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* Excluded Features
List By
Richard Peters Realty Llc
Broker
rryder@richardpetersrealty.com
Email
Affordability Calculator
- Monthly Principal & Interest
- $3,315
- Monthly Property Taxes
- $301
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save
Nearby
Single family listings in Miami, FL
Average List Price
$672,892
Percent of Sale Price
28%
About Miami, FL
450,829
Population
25%
Since 2002
$
39,267
Median Income
40.58
Median Age
22%
Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338
Elementary School
4827337
Middle School
Unknown High School
High School
Pricing History
| Date |
Price |
Price Change |
Description |
|
7/28/2026
|
$524,999
|
-1.50%
|
Price Down
|
|
7/26/2026
|
$532,999
|
-1.28%
|
Price Down
|
|
7/21/2026
|
$539,900
|
-1.84%
|
Price Down
|
|
7/11/2026
|
$549,999
|
-3.34%
|
Price Down
|
|
7/9/2026
|
$568,999
|
-0.51%
|
Price Down
|
|
7/7/2026
|
$571,900
|
-0.54%
|
Price Down
|
|
7/7/2026
|
$574,999
|
-2.19%
|
Price Down
|
|
7/6/2026
|
$587,900
|
-1.19%
|
Price Down
|
|
7/2/2026
|
$594,999
|
-4.03%
|
Price Down
|
|
6/2/2026
|
$619,999
|
|
Listed Price
|