About This Home
This 4-bedroom, 2-bathroom single family at 18615 SW 98TH Avenue in Miami, FL is listed for $539,900 ($218 per sqft). Built in 1958, the home offers 2,471 sqft of living space on a 0.19 acres lot.
Key Features
- Built in 1958
- 0.19 acre lot
Property Details
Amenities
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.
Monthly Cost Estimate
$2,887/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
18615 SW 98TH Avenue
Miami, FL 33157
BEL AIRE SEC 01
Property Details
Flooring
Construction
Heating
Cooling
Questions & Answers
This 4-bedroom, 2-bathroom single family at 18615 SW 98TH Avenue is listed at $539,900 ($218/sqft). The estimated monthly payment is $2,887 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1958, 0.19 acre lot.
This property is listed by Ronald Ryder and can be reached at 3053029806.



