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20701 Gulfstream Rd
Score
0
Cutler Bay, FL

20701 Gulfstream Rd

614K
3 bd • 2 ba • 1,536 sf

This analysis was generated on 2/24/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.

AI Property Analysis

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List Price

$613,500

Price/Sq.Ft

$399

Year Built

AI Property Analysis

A comprehensive evaluation of this property's features, market position, and investment potential.

The Good

• Standard 3-Bedroom, 2-Bathroom Layout: The property offers a common and functional layout suitable for many families or individuals. • Potential Rental Income: The rental rates for a 3-bedroom property in Cutler Bay average $2530 per month (based on 2023 data), offering potential income for investors or homeowners looking to rent out rooms. • Established Community: Cutler Bay is a well-established community with access to amenities, schools, and services.

The Bad

• Unknown Build Year: The listing does not specify the year the house was built, making it difficult to assess its condition and potential maintenance needs. Older homes may have outdated electrical, plumbing, or roofing systems that require costly repairs or replacements. • Lack of Property Description and Features: The absence of a property description and listed features makes it difficult to determine the home's amenities and overall appeal. Potential buyers have limited information to assess whether the property meets their needs and preferences. • High Price per Square Foot: At $399.41 per square foot, the property is relatively expensive compared to other homes in the area. Without more information about the home's condition and features, it's difficult to justify the high price.

The Ugly

• High Hurricane Risk: Cutler Bay is located in a high-risk hurricane zone, which means homeowners will face significantly higher insurance premiums and the potential for property damage from storms. • Potential for Sea Level Rise and Flooding: South Florida is vulnerable to sea level rise, which could impact property values and increase the risk of flooding. • Salt Air Corrosion: The property's proximity to the ocean can lead to accelerated corrosion of metal components, increasing maintenance costs.

Who is this property for?

These details are presented solely for entertainment purposes and are not meant to steer or limit any prospective buyer.

Best For

• Families Seeking a 3-Bedroom Home: The property offers a standard 3-bedroom, 2-bathroom layout suitable for smaller families or those needing extra space for a home office. • Buyers Interested in Rental Income: With a potential rental income of $2530 per month for a 3-bedroom property in Cutler Bay (based on 2023 rental rates), this could appeal to investors or those looking to offset mortgage costs by renting out rooms. • Buyers Comfortable with Potential Maintenance: Given the unknown build year and lack of listed features, this property may appeal to buyers ready to invest in potential upgrades and maintenance, if needed.

Not For

• Buyers Seeking New or Recently Updated Homes: With an unknown build year and no listed features, this property may not appeal to those seeking modern amenities or minimal maintenance. • Buyers with Limited Budgets: The price of $613,500 may be prohibitive for buyers on a strict budget, especially considering potential additional expenses for insurance, property taxes, and maintenance. • Buyers Unprepared for Hurricane Risk: Living in Cutler Bay requires preparedness for hurricanes. Those unwilling to invest in hurricane protection or pay high insurance premiums should consider other locations.
Demographics
Area Median Income

$54,286

Sunlight Analysis

Visualize how sunlight affects this property throughout the day and year.

Sunlight Analysis

Data provided by Shadowmap

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Financials

Monthly Costs
Market Rent (3 bed)

$1,362

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Location & Comparables

Subject Property
Comparable Sales
View on Zillow

Subject Property

Price
$613,500
Price/sqft
$399
Layout
3 bd2 ba
0

Stats in the Area

Based on 6 comparable properties nearby

Average Price

$570,000

7.6%

Your price is 7.6% above average

Median Price

$555,000

10.5%

Based on 6 recent sales

Price per Sq.Ft

$363

10.0%

Your price is 10.0% above average $/sqft

Comparable Properties

10260 Dolphin Rd, Cutler Bay, FL 33157
Price: $555,000
Sq.Ft: 1,591
Beds/Baths: 4/2
$/Sq.Ft:
$34912.7%
Sale Date: 1/4/2025
19355 SW 88th Ct, Cutler Bay, FL 33157
Price: $650,000
Sq.Ft: 1,628
Beds/Baths: 3/2
$/Sq.Ft:
$3990.0%
Sale Date: 12/19/2024
9541 Haitian Dr, Cutler Bay, FL 33189
Price: $535,000
Sq.Ft: 1,620
Beds/Baths: 4/2
$/Sq.Ft:
$33017.3%
Sale Date: 11/30/2024
9550 Bahama Dr, Cutler Bay, FL 33189
Price: $525,000
Sq.Ft: 1,650
Beds/Baths: 3/2
$/Sq.Ft:
$31820.3%
Sale Date: 11/18/2024
9520 Jamaica Dr, Cutler Bay, FL 33189
Price: $550,000
Sq.Ft: 1,579
Beds/Baths: 4/2
$/Sq.Ft:
$34812.8%
Sale Date: 10/28/2024
8864 SW 196th Ter, Cutler Bay, FL 33157
Price: $605,000
Sq.Ft: 1,396
Beds/Baths: 3/2
$/Sq.Ft:
$4338.5%
Sale Date: 11/14/2024

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