18615 98th Avenue, FL

$619,999

18615 98th Avenue

Miami, FL 33157

Active
6
Beds
5
Baths
2,471
Sq Ft
0.19
Acres
1958
Built
$251/sqft360° tour
🏠Single Family Residence

Property type

🏗️1958

Year built

📐8,250 sqft

Lot size

📊$251

Price / sq ft

🏘️No HOA

HOA dues

📅1

Day on market

🌊AH

Flood zone

About this home

<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. Featuring a beautifully maintained main residence along with three additional units, 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 additional living quarters offer tremendous flexibility and income-producing potential, featuring private living spaces with kitchens or kitchenettes, spacious bedrooms, and dedicated bathrooms. Ideal for long-term rentals, extended family accommodations, guest quarters, or maximizing cash flow, these units add significant value and versatility. Major improvements include a 2016 roof, 2011 central AC, mini-splits, and plumbing/electrical in good working order. Additional units include a 1BD/1BA ($1,700/mo), 2BD/1BA ($2,000/mo), and 1BD/1BA ($1,000/mo), generating approx. $4,700/mo gross. Most improvements/additions are believed to be permitted, with the possible exception of the rear smaller unit. Buyer to verify all permits, use, zoning, and financing feasibility. Property is being sold strictly as-is. 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.

Estimated monthly payment

Principal & interest$3,135
Property taxes$301
Home insurance (est.)$284

Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.

Price & listing history1 days on market

  1. Status: Active
    Jun 2, 2026
  2. Listed$619,999
    Jun 1, 2026
  3. Price increased$619,999

Virtual Tour

Facts & features

Property type
Residential
Sub type
Single Family Residence
Status
Active
Days on market
1
Subdivision
Bel Aire Sec 01
County
Miami-Dade
Year built
1958
Living area
2,471 sq ft
Price/sq ft
$251
Lot size
8,250 sq ft
Lot category
0 to less than 1/4
Flood zone
AH (12086C0601L)
Annual taxes
$3,612 (2025)
Parcel #
36-6005-004-2160
Zoning
0100
MLS #
TB8514478

Interior Details

Bedrooms
6
Full bathrooms
5
Flooring
Ceramic Tile, Luxury Vinyl, Tile
Appliances
Other
Interior features
Other
Laundry
Outside
Stories / Levels
One
Direction faces
West

Heating & Cooling

Heating
Central, Electric
Cooling
Central Air

Parking

Carport
Yes

HOA & Financial

Total monthly fees
$0/mo
Total annual fees
$0
CDD
No
Homestead exemption
Yes
Min lease term
No Minimum
Listing terms
Cash, Conventional
Ownership
Fee Simple
Available for lease
Yes
Lease restrictions
No

Exterior & Construction

Exterior features
Other
Construction materials
Block, Concrete, Stucco
Roof
Built-Up, Shingle
Foundation
Slab
Road surface
Asphalt, Concrete

Utilities

Sewer
Public Sewer
Water source
Public
Utilities
Other

Room Details

RoomLevelDimensions
Living RoomFirst
Primary BedroomFirst
KitchenFirst

Listing Details

Listing date
2026-06-01
On market date
2026-06-01
Original list price
$619,999
Occupant type
Tenant
MLS area
33157 - Miami
Listing AOR
Suncoast Tampa
Status changed
2026-06-02
Tax 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

Flood risk

High riskFEMA Zone AHPanel 12086C0601L

FEMA Special Flood Hazard Area (1% annual-chance / “100-year” floodplain). Flood insurance is generally required by mortgage lenders.

Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.

Location

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

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MLS GRID

Listings courtesy of Stellar MLS as distributed by MLS GRID

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information submitted to the MLS GRID as of June 2, 2026 at 6:51 AM ET. 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.

Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA