21130 SW 87th Ave, Unit 203

$275,000
Price
2
Beds
991 Sq. Ft.
$277 / Sq. Ft.
991
Sq. Ft.
$277
per Sq. Ft.

Description

Beautiful 2 Bedroom / 2 Bathroom Condo in Cutler Bay – 2nd Floor | No Special Assessments | Tenant in Place. Excellent opportunity to own a well-maintained 2/2 condo located on the second floor of a desirable Cutler Bay community. This spacious unit features a functional split-bedroom layout, ample natural light, and comfortable living areas. No special assessments—buy with confidence. A long-term tenant is in place through April 2026, offering immediate and consistent rental income, making this...Beautiful 2 Bedroom / 2 Bathroom Condo in Cutler Bay – 2nd Floor | No Special Assessments | Tenant in Place. Excellent opportunity to own a well-maintained 2/2 condo located on the second floor of a desirable Cutler Bay community. This spacious unit features a functional split-bedroom layout, ample natural light, and comfortable living areas. No special assessments—buy with confidence. A long-term tenant is in place through April 2026, offering immediate and consistent rental income, making this a strong investment option. Ideal for investors or first-time homebuyers planning ahead. Convenient location near shopping, dining, parks, marina, and major highways. Perfect for anyone looking to expand their portfolio or secure a future primary residence in a growing area.
  1. Listed by Michelle Vasco • United Real Estate Advisors

Property Details for 21130 Southwest 87th Avenue, Unit 203

Subdivision
CUTLER LAKES CONDO
Complex Name
CUTLER LAKES CONDO
Style
Condo 1-4 Stories
Waterfront
No
View
None
Unit View
None
Area
60
Sq Ft Total
991
LISTING UPDATED: 11/26/2025 09:00 PM

Property Details for 21130 Southwest 87th Avenue, Unit 203

StatusActive
MLS #A11914001
Days on Market22
Taxes$3,097 / year
HOA Fees$350 / month
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeCondo/Co-Op/Villa/Townhouse / Condo
Year Built2005
CountyMiami-Dade County

Location

Listing Courtesy of United Real Estate Advisors
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Building Information for 21130 Southwest 87th Avenue, Unit 203

Building/ComplexCUTLER LAKESFloor2Stories3Residences-Pet Policy-Pet Policy Details-Year Built2005

Payment Calculator

$1,967 per month

30 year fixed, 6.28% Interest

Principal and Interest

$1,359

Property Taxes

$258

HOA Dues

$350

The Payment Calculator is for illustrative purposes only.

Property Information for 21130 Southwest 87th Avenue, Unit 203

Location Information
Location Information
  • Parcel Number Free Text: 36-60-09-031-0080
  • Parcel Number MLX: 0080
  • MLS Area: 60
  • Municipal Code: 36
  • Township Range: 60
  • Section: 9
  • Subdivision Number: 31
  • Subdivision Complex Bldg: CUTLER LAKES CONDO
  • Unit Floor Location: 2
  • Total Floors In Building: 3
General Information
Parking
  • Num Garage Spaces: 0
  • Num Carport Spaces: 0
  • Carport Spaces: 0
  • Parking Description: 2 Or More Spaces
  • Parking Restrictions: No Rv/Boats
General Information
  • Housing Older Persons Act: No HOPA
  • Property Detached: No
  • Minimum Num of Days for Lease: 365
  • Num Times Leased Year: 1
  • Type of Governing Bodies: Condominium
  • Unit Design: Patio/Cluster
  • Construction: Concrete Block Construction
  • Construction Type: Concrete Block Construction
  • Flooring: Ceramic Floor, Laminate Floors, Vinyl Floors
  • Floor Description: Ceramic Floor, Laminate Floors, Vinyl Floors
  • Security Information: No Security
Room Information
Room Information
  • Rooms Description: Storage Room
  • Bedroom Description: Primary Bath Shower
Additional Property Information
Utilities
  • Heating Description: Central Heat
  • Cooling Description: Central Cooling
Additional Property Information
  • Pets Allowed: Yes
  • Pets Allowed: Yes
  • Pet Restrictions: None
  • Guest Accommodations: No
  • Room Count: 0
  • Interior Features: Second Floor Entry
  • Equipment Appliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Smoke Detector, Washer
  • Exterior Features: Patio
  • Maintenance Includes: Landscaping/Lawn Maintenance, Roof Repairs
  • Amenities: No Amenities
Financial Information
Financial Information
  • Total Mortgage: $140,150
  • Type of Association: Condo
  • Assoc Fee Paid Per: Monthly
  • Flood Zone: AE
  • Tax Year: 2024
  • Tax Information: Tax Reflects No Exemptions
  • Special Information: As Is
  • Special Assessment: No
Rental Information
Rent Information
  • Approval Information: 1-2 Weeks Approval
Rent Status
  • Other Fees: $150

Property History for 21130 Southwest 87th Avenue, Unit 203

DateEvent & SourcePriceAppreciation
Nov 26, 2025

Listed (Active)

MiamiRE #A11914001

$275,000
Dec 8, 2005

Sold (Public Record)

Public Record #269301301

$164,900
DateEvent & SourcePrice
11/26/2025

Listed (Active)

MiamiRE #A11914001

$275,000
12/08/2005

Sold (Public Record)

Public Record #269301301

$164,900

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 21130 Southwest 87th Avenue, Unit 203

Taxable ValueLand-Additions-Total-
Tax Record2024$3,097 ($258 / month)
Home Facts
Beds2Total Finished SqFt991 SqFtAbove Grade Finished SqFt991 SqFtStyleCondominiumYear Built2005Zoning3800:MULTI-FACountyMIAMI-DADEAPN36-6009-031-0080

Schools near 21130 Southwest 87th Avenue, Unit 203

This home is within Miami-Dade County Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 8
Public - 6 to 8
Public - 8 to 12
Rating
School
Distance
Dr. Edward L. Whigham Elementary School
PublicPK to 5

Cutler Bay Middle
Public6 to 8

Miami Southridge Senior High School
Public8 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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21130 Southwest 87th Avenue, Unit 203 is a condo for sale in Cutler Bay, FL 33189. This property was listed for sale on November 26, 2025 by United Real Estate Advisors, it's currently listed at $275,000. It has been on the market for a total of 22 days and was last sold on December 8, 2005. This listing's school district is Miami-Dade County Public Schools. Nearby schools include Dr. Edward L. Whigham Elementary School, Air Base K-8 Center for International Education and Cutler Bay Middle. 21130 Southwest 87th Avenue, Unit 203 is a 2-bed, 2-bath, 991 sqft condo built in 2005.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of United Real Estate Advisors

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.