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18615 SW 98TH AVENUE, MIAMI, FL 33157

BEL AIRE SEC 01 · Miami-Dade County

Key Facts

4Beds
2Baths
2,471Sq Ft
1958Year Built
0.19Lot (acres)
1Stories

Description

<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.

Property Information

Property Type

Residential

Sub-Type

Single Family Residence

Year Built

1958

Stories

1

Living Area

2,471 sq ft

Lot Size

0.19 acres

Lot Dimensions

75x110

Ownership

Fee Simple

Zoning

0100

Days on Market

23

MLS® Listing#

TB8514478

Property Features

Interior

Other

Exterior

Other

Appliances

Other

Cooling

Central Air

Heating

CentralElectric

Flooring

Ceramic TileTile

Laundry

Outside

Construction

BlockConcreteStucco

Foundation

Slab

Roof

Built-UpShingle

Utilities

Other

Sewer

Public Sewer

Water Source

Public

Rooms

  • KitchenFirst
  • Living RoomFirst
  • Master BedroomFirst

Financial Details

HOA

None

Annual Taxes

$3,612

Tax year 2025

Parcel Number

36-6005-004-2160

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

Affordability Calculator

$107,980

Estimated monthly payment

$2,874/mo

Principal $431,920 · Est. interest $602,567 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in MIAMI, FL

$615,749
Median Listing Price
113
Median Days on Market
1,173
Median Sq Ft
$514
Median Price / Sq Ft
10,705
Active Listings
  • This home’s price is 12% below the area median.
  • Its price per sq ft is 57% below the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in MIAMI, FL.

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EXIT Agents in MIAMI

Listing Courtesy: RICHARD PETERS REALTY LLC - 352-448-9712

Listings courtesy of Stellar MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided for consumers? personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright ©2026 MLS GRID. All Rights Reserved.

Last Updated: 2026-06-01

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of one or more Multiple Listing Services (MLS). Listing information is deemed reliable but is not guaranteed accurate. Copyright © EXIT Realty® and respective MLS providers.

Data provided by Suncoast Tampa. MLS® Listing#TB8514478. © 2026EXIT Realty®. All rights reserved.