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For sale
  • Price cut: $19K (7/11)
    $549,999

    18615 SW 98th Ave, Cutler Bay, FL 33157

    4beds
    2,471sqft
    : 
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    Single Family Residence
    Built in 1958
    8,250 Square Feet Lot
    $-- Zestimate®
    $223/sqft
    $-- HOA

    What's special

    Modern finishesGenerously sized bedroomsMassive backyardCustom outdoor kitchenExposed beam detailsBright open-concept layoutExcellent curb appeal
    <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.
    44 days
    |
    1,191
    |
    72
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Ronald Ryder 305-302-9806,

    RICHARD PETERS REALTY LLC 786-418-1388

    Source: Stellar MLS,MLS#: TB8514478MLS LogoOriginating MLS: Suncoast Tampa

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 2
      • Full bathrooms: 2
      Primary bedroom
      • Features: Built-in Closet
      • Level: First
      Kitchen
      • Level: First
      Living room
      • Level: First
      Heating
      • Central, Electric
      Cooling
      • Central Air
      Appliances
      • Included: Other
      • Laundry: Outside
      Features
      • Other
      • Flooring: Ceramic Tile, Luxury Vinyl, Porcelain Tile, Tile
      • Has fireplace: No
      Interior area
      • Total structure area: 2,471
      • Total interior livable area: 2,471 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 1
      • Parking features: Carport
      • Carport spaces: 1
      Features
      • Levels: One
      • Stories: 1
      • Exterior features: Other
      Lot
      • Size: 8,250 Square Feet
      • Dimensions: 75 x 110
      Details
      • Parcel number: 3660050042160
      • Zoning: 0100
      • Special conditions: None

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Block, Concrete, Stucco
      • Foundation: Slab
      • Roof: Built-Up,Shingle
      Condition
      • New construction: No
      • Year built: 1958

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Other

      Community & HOA

      Community
      • Pet fee: $0 monthly
      • Subdivision: BEL AIRE SEC 01
      HOA
      • Has HOA: No
      Location
      • Region: Cutler Bay

      Financial & listing details

      • Price per square foot: $223/sqft
      • Tax assessed value: $536,258
      • Annual tax amount: $3,611
      • Date on market: 6/1/2026
      • Cumulative days on market: 18 days
      • Listing terms: Cash,Conventional
      • Ownership: Fee Simple
      • Total actual rent: 0
      • Road surface type: Asphalt, Concrete

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/11/2026Price change$549,999-3.3%$223/sqft
        Source: Stellar MLS #TB8514478 Report a problem
        7/9/2026Price change$568,999-0.5%$230/sqft
        Source: Stellar MLS #TB8514478 Report a problem
        7/7/2026Price change$571,900-2.7%$231/sqft
        Source: Stellar MLS #TB8514478 Report a problem
        7/6/2026Price change$587,900-1.2%$238/sqft
        Source: Stellar MLS #TB8514478 Report a problem
        7/2/2026Price change$594,999-4%$241/sqft
        Source: Stellar MLS #TB8514478 Report a problem
        6/30/2026Listed for sale$619,999$251/sqft
        Source: Stellar MLS #TB8514478 Report a problem
        6/3/2026Pending sale$619,999$251/sqft
        Source: Stellar MLS #TB8514478 Report a problem
        6/2/2026Listed for sale$619,999+85.1%$251/sqft
        Source: Stellar MLS #TB8514478 Report a problem
        6/29/2007Sold$335,000$136/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,612 +2.7%$199,077 +2.9%
        2024$3,516 +10.1%$193,467 +3%
        2023$3,193 +4.6%$187,833 +3%
        2022$3,052 +1.4%$182,363 +3%
        2021$3,011 +2.1%$177,052 +1.4%
        2020$2,949 +3.1%$174,608 +2.3%
        2019$2,860 +5.2%$170,683 +1.9%
        2018$2,720 $167,501 +2.1%
        2017$2,720 +1.2%$164,056 +2.1%
        2016$2,689 +0.3%$160,682 +0.7%
        2015$2,680 -1%$159,566 +0.8%
        2014$2,709 +3.4%$158,300 +1.5%
        2013$2,619 $155,961 +1.7%
        2012$2,619 +2.9%$153,354 +3%
        2011$2,546 -4%$148,906 +1.5%
        2010$2,652 -34.4%$146,706 -34.8%
        2009$4,044 +0.9%$224,867 +19.6%
        2007$4,006 $188,024
        2006-- --
        2005-- --
        2003$2,294 +13.8%--
        2002$2,016 --
        2001$2,016 --
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Bel-Aire

        Getting around

        84 / 100
        Very Walkable
        43 / 100
        Some Transit
        64 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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