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

1 story
2 full
1958

Amenities

A/C
Listing Description

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

Principal$390
Interest$2,340
Insurance$157

Estimates only. Actual payments may vary.

Location

18615 SW 98TH Avenue

Miami, FL 33157

BEL AIRE SEC 01

Property Details

Flooring

Tile - CeramicTileVinyl

Construction

Block Concrete Stucco

Heating

CentralElectric (Heating)

Cooling

Central Air

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.

RR

Ronald Ryder

Agent at RICHARD PETERS REALTY LLC

(305) 302-9806

Listed by RICHARD PETERS REALTY LLC · View on Broker Site

MLS# TB8514478· Source: listhub· 53 days on market

Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

18615 SW 98TH Avenue, Miami, FL 33157

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