Under contract-accepting backup offers. <BACK ON THE MARKET><HIGHEST & BEST BY 08/09/2026><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.
Accepting backups
Price cut: $15.1K (8/12)
$524,900
18615 SW 98TH AVENUE, MIAMI, FL 33157
4beds
2,471sqft
Single Family Residence
Built in 1958
8,250 Square Feet Lot
$-- Zestimate®
$212/sqft
$-- HOA
What's special
Modern finishesGenerously sized bedroomsMassive backyardCustom outdoor kitchenExposed beam detailsBright open-concept layoutExcellent curb appeal
- 120 days
- 118
- 3
Zillow last checked:
Listing updated:
Listed by:
Ronald Ryder 305-302-9806,
RICHARD PETERS REALTY LLC 786-418-1388
Source: Stellar MLS,MLS#: TB8514478
Originating MLS: Suncoast Tampa

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: $212/sqft
- Tax assessed value: $536,258
- Annual tax amount: $3,611
- Date on market: 6/1/2026
- Cumulative days on market: 87 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
| Date | Event | Price |
|---|---|---|
| 8/12/2026 | Price change | $524,900-2.8%$212/sqft |
Source: | ||
| 7/29/2026 | Price change | $539,999+1.3%$219/sqft |
Source: | ||
| 7/26/2026 | Price change | $532,999-1.3%$216/sqft |
Source: | ||
| 7/21/2026 | Price change | $539,900-1.8%$218/sqft |
Source: | ||
| 7/11/2026 | Price change | $549,999-3.3%$223/sqft |
Source: | ||
| 7/9/2026 | Price change | $568,999-0.5%$230/sqft |
Source: | ||
| 7/7/2026 | Price change | $571,900-2.7%$231/sqft |
Source: | ||
| 7/6/2026 | Price change | $587,900-1.2%$238/sqft |
Source: | ||
| 7/2/2026 | Price change | $594,999-4%$241/sqft |
Source: | ||
| 6/30/2026 | Listed for sale | $619,999$251/sqft |
Source: | ||
| 6/3/2026 | Pending sale | $619,999$251/sqft |
Source: | ||
| 6/2/2026 | Listed for sale | $619,999+85.1%$251/sqft |
Source: | ||
| 6/29/2007 | Sold | $335,000$136/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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







