Lakes by the Bay Gee
Homes for Sale in Cutler Bay, FL
True comps, carrying-cost math, and listings before the portals.
Market Heat
Photo via MIAMI MLS
As of September 2026, Lakes By the Bay Gee in Cutler Bay, FL has 2 homes for sale. Over the 12 months ending 2026-09-12, 5 recorded sales closed at a median of $410,000, $259 per square foot, a median 75 days on market, sellers accepting 97% of original asking (-10% versus the prior year). Homes listed or recently sold were built 2006–2007; 4 of 4 report an HOA (median $99/mo). At the median price and Miami-Dade County's FY2025-26 rate of 17.59 mills, annual property tax runs about $7,210 ($6,500 with the full homestead exemption).
The numbers here point to a market that has cooled: a median price of $410,000, down 9.9% year over year, paired with a median of 75 days on market. That combination tells you pricing has to be sharp from day one, because buyers who are active right now are not competing for listings, they are negotiating on them.
With only 5 closings in the current window, treat any single data point as directional rather than precise. A market heat score of 14 confirms what the days-on-market figure already suggests: this is not a bidding-war environment, and sellers who price against last year's numbers will likely sit.
Lakes by the Bay Gee right now
🔴 Off the recent peak. The trailing-12-month median ($410K) is down 9.7% from the prior 12 months ($454K). With about a dozen sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level MIAMI MLS closed sales, 12-month windows ending September 12. Confidence: Low (5 and 8 sales in the two windows).
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Updated September 12, 2026 · Live data: MIAMI MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
The 60-Second Overview
Lakes by the Bay Gee market snapshot (as of September 12, 2026): the median sale price is about $410K ($259 per sq ft over the trailing 12 months of closed sales), and a median 75 days on market for closed sales. The trailing-12-month median is down 10% from the prior 12 months, computed from record-level MIAMI MLS closed sales (5 closings in the current window).
Lakes by the Bay Gee is showing a slower resale pace than a year ago, with price and time-on-market both signaling a buyer-favorable stretch rather than a seller's market.
The setting & the homes.
Aerial and on-site photos of Lakes by the Bay Gee. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
Lakes by the Bay Gee
Lakes by the Bay Gee
Lakes by the Bay Gee
Lakes by the Bay GeePhotos from MIAMI MLS listings in Lakes by the Bay Gee; content deemed reliable but not guaranteed.
Who Lakes by the Bay Gee is best for.
Best for
- Buyers with flexible timelines who want negotiating leverage on price
- Buyers comfortable evaluating a home on its own condition rather than momentum from recent sales
- Sellers who can price realistically against a declining year-over-year trend and are not in a rush
Probably not for
- Sellers expecting a fast sale or a bidding-war outcome
- Buyers relying on a large pool of recent comparable sales to validate price
- Anyone assuming last year's price levels still apply
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending September 12 of each year, from record-level MIAMI MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($410K) IS the median in the snapshot above, and the move from 2025 ($454K) IS the -9.7% one-year change.
Windows contain 5 to 20 sales each (5 in the current window); every figure carries its sample size, and thin markets swing on single closings. Based on information from the Southeast Florida Multiple Listing Service (SEFMLS) or from MIAMI Association of REALTORS(R) for the period 2018 through 2026. Deemed reliable but not guaranteed.
The real cost & risk here
Before the list price, the Florida math the portals skip. These are Miami-Dade County typicals — your exact home, flood zone, and insurance quote will vary, so verify each before you offer.
Check it for your address: look up your flood zone (FEMA) · insurance by county · true-cost calculator · Miami-Dade County scorecard.
County typicals from Momentum’s Florida housing data (Zillow & Realtor.com aggregates, Census, FRED), updated monthly; insurance modeled. Flood zone is property-specific — always confirm via FEMA.
LAKES BY THE BAY GEE Market Scorecard
LAKES BY THE BAY GEE is currently a thin data market. Limited supply, a median asking price of $470,000, and homes go under contract in about 70 days.
Typical home value in the 33190 ZIP is $436,607, about 15.2% above the Florida norm (Zillow Home Value Index).
Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.
Live data: realMLS, refreshed twice daily. Typical value: Zillow Research. Market metrics only; these describe homes for sale and recent sales, not residents.
Homes For Sale Right Now in Lakes by the Bay Gee
Live MLS inventory for Lakes by the Bay Gee. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.
Active and pending Lakes by the Bay Gee listings as of 2026-09-12, priced high to low. Based on information from the Southeast Florida Multiple Listing Service (SEFMLS) or from MIAMI Association of REALTORS(R) for the period 2018 through 2026. Tap any home to ask about it.
The Lakes by the Bay Gee buying strategy.
If we were buying in Lakes by the Bay Gee today, this is the order of operations we would run for our clients.
Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Lakes by the Bay Gee.
What the current numbers actually say
At a median price of $410,000 and roughly $258.72 per square foot, this is a market where condition and pricing strategy do the work — there is no broad demand wave lifting every listing. The year-over-year decline of 9.9% is meaningful enough that comparisons to last year's asking prices should be set aside; today's buyers are pricing off today's activity, not last year's.
A median of 75 days on market means homes here are not moving quickly, and sellers should expect a longer runway between listing and contract. With only 5 closings feeding this snapshot, we would not lean hard on any single metric in isolation — it is a low-volume window, and the next few sales will move these figures more than they would in a higher-turnover community.
The location and the amenities are priced into every listing in Lakes by the Bay Gee. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a low-volume, slower-moving market like this one, pricing discipline and read of true days-on-market matter more than they would somewhere with a deep pool of recent comps. We track this community's actual closings as they happen, not stale trend lines, so sellers price correctly the first time and buyers know when a number is soft.
Lakes by the Bay Gee in 15 seconds.
HOA, CDD & Fees
- HOA status not on record. Verify any dues before you offer
- Any club/amenity membership is billed separately
Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.
Tools for a Lakes by the Bay Gee buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Lakes by the Bay Gee sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Lakes by the Bay Gee, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Lakes by the Bay Gee home worth?
Get a no-obligation home value based on real comparable sales in Lakes by the Bay Gee, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
See all homes for sale in Cutler Bay →
Recently off market in LAKES BY THE BAY GEE
Homes in LAKES BY THE BAY GEE that recently left the market. Each address opens its public-record profile: county-recorded value, property taxes, the last recorded sale, community sales history, and what is for sale nearby now. 2 on record.
- 22412 SW 89th Ave · off market
- 22569 SW 89th Pl · off market
Frequently Asked Questions
What is the median home price in Lakes by the Bay Gee?
How long do homes in Lakes by the Bay Gee take to sell?
Who is the best real estate agent for Lakes by the Bay Gee?
How do I find a top Cutler Bay real estate agent who knows Lakes by the Bay Gee?
Can Momentum Realty connect me with an agent for Lakes by the Bay Gee?
Should you buy in Lakes by the Bay Gee?
An honest fit check. We will tell you when it is not your community.
Nearby Communities
Explore more neighborhoods near Lakes by the Bay Gee with Momentum Realty’s local guides.
Data sources & freshness
| Live listings | MIAMI MLS, refreshed twice daily (last: September 12, 2026) |
| Community market stats | MIAMI MLS closed sales, 12-month windows ending September 12, 2026 |
| Under-contract shares | MIAMI MLS records, as of 2026-09-08 |
| Historical depth | Closed-sale records back to 2018 (110 transactions analyzed) |
Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.
Momentum Research figures are our own analysis of MIAMI MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.
Own a home here?
You just read the data. Now see what your home is worth.
The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the MIAMI MLS member average and 8 days faster, and we’ll price yours against live local comps.
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See how LAKES BY THE BAY GEE fits the bigger picture — live prices, inventory, and Momentum Scores: