18615 Sw 98th Avenue, Miami, FL 33157

$524,999
4
BD
2
BA
2,471
SqFt

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List Price
$524,999
Status
Active
Days on Market
57
Price Change
▼ $8,000 1785281270
MLS#
TB8514478
Property Style
Single Family
Year Built
1958
Bedrooms
4
Bathrooms
2
Living Area
2,471
Lot Size
8,250
Acres
0.19
Total Acreage
0 to less than 1/4
Legal Subdivision Name
Bel Aire Sec 01
MLS Area Major
Miami

Property Description

<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.

Additional Information

Taxes
$3611
Minimum Lease
No Minimum
Community Features
No Deed Restriction
Property Description
One Story
Zoning
0100
Interior Layout
Other
Interior Features
Other
Floor
Ceramic Tile, Luxury Vinyl, Tile
Appliances
Other
Utilities
Other
Heating
Central, Electric
Air Conditioning
Central Air
Exterior Construction
Block, Concrete, Stucco
Exterior Features
Other
Roof
Built-Up, Shingle
Foundation
Slab
Pool
No Pool
Garage Carport
1 Car Carport
Flood Zone Code
AH
Parcel ID
36-6005-004-2160
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

Listing courtesy of RICHARD PETERS REALTY LLC. 352-448-9712

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