$750,000
For Sale

20031 Island Rd

Cutler Bay, FL 33189
2151 sqft | 4 beds | 2 baths | #A11673163
Browse 67 photos
Type:Purchase
Structure:House
Zone:Residential

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!

  • Interior Details
      • InteriorFirst Floor Entry, Walk-In Closet(s), Garage Converted, Separate Guest/In-Law Quarters, Studio Apartment
    • Beds & Baths
      • Bedrooms4
      • Bathrooms2
      • Full Baths2
  • Property Details
      • Lot DescriptionLess Than 1/4 Acre Lot
    • Measurements
      • Square Feet2151
    • Parking
      • Parking TypeDriveway, On Street
  • Construction Details
      • Property TypePurchase
    • Condition
      • Year Built1957
  • Utilities / Energy Details
      • Utility SourceMunicipal Water
      • Sewer InformationPublic Sewer
  • Community and Neighborhood Details
      • SubdivisionCUTLER RIDGE SEC 5
    • Location
      • CountyMiami-Dade County
      • High SchoolMiami Southridge
      • Elementary SchoolCutler Ridge
      • Middle SchoolCutler Bay
  • Other
      • MLS #A11673163

Location

Carlos FornarisCarlos Fornaris Team
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

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2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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