18555 SW 83rd Place, Cutler Bay, FL, 33157 | $1,349,000

Stunning 5BD/3BA pool home on an oversized lot, currently operated as a fully managed, turnkey short-term rental! Come make this peaceful and tranquil retreat your new home! Enjoy the home when you want for personal use while it helps pay for itself—seller reports $10K+ per month in STR revenue with owner use (documentation available). Features include a heated pool, garage, gas appliances, and updated electric and plumbing. New metal and flat roof (2021) and new permitted bedroom and luxury bath added in 2023. Easy to insure and NOT in a flood zone (buyer to verify). Ideally located near many attractions from Miami Beach to Key Largo, making it a perfect midpoint for vacationers. Close to top South Miami private schools. New basketball hoop, trampoline, outdoor furniture, and backyard fencing. All furniture conveys with full-price offer.

Features

  • Amenities: Other
  • Rooms: 5
  • Bedrooms: 5
  • Baths: 3 full
  • Year Built: 1968
  • Garage: 2-car Detached
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 2,347
  • Acreage: 0.34
  • Est. Taxes: $18,929
  • View: Other
  • Adult Communities: Yes
  • Elem. School: Whispering Pines (Miami-Dade)
  • Middle School: Cutler Bay Middle
  • High School: Miami Southridge
  • Pool: In Ground
  • Appliances: Gas Water Heater, Dryer, Disposal, Dishwasher, Gas Range, Microwave, Other, Refrigerator, Washer
  • MLS#: A11942992
  • Website: https://www.raveis.com
    /eprop/A11942992/18555sw83rdplace_cutlerbay_fl?source=qrflyer
All listings featuring the BMLS logo are provided by BeachesMLS Inc. This information is not verified for authenticity or accuracy and is not guaranteed.

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Marshall + Ostop TeamSales Associates

860.748.1845

MarshallOstop@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
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  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

John KirkutisVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1424716

970.390.2521

John.Kirkutis@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Heidi SummaInsurance Sales Director, William Raveis Insurance

860.919.8074

Heidi.Summa@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

18555 SW 83rd Place, Cutler Bay, FL, 33157

$1,349,000

Marshall + Ostop Team

Sales Associates

William Raveis Real Estate

Phone: 860.748.1845

MarshallOstop@raveis.com

John Kirkutis

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 970.390.2521

John.Kirkutis@raveis.com

NMLS Mortgage Loan Originator ID 1424716

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,079,200 $1,079,200 $1,079,200
Term 360 months 360 months 180 months
Initial Interest Rate** 5.875% 6.125% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.312% 6.235% 6.203%
Monthly Tax Payment $1,577 $1,577 $1,577
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $6,384 $6,557 $9,107
Total Monthly Payment $8,086 $8,259 $10,809

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.