Pelican Bay at Old Cutler
Homes for Sale in Cutler Bay, FL

All 78 homes for sale in Cutler Bay, FL · median $310,000 · 85 homes for sale in 33189 · Miami-Dade County homes for sale

Community in Cutler Bay · Miami-Dade County · ZIP 33189
Median sale $622K
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Live Market Pulse
45/100
Market Heat
Near its long-run normal
2013 → 2026 · 86 at the 2021 peak
0 is Pelican Bay at Old Cutler's coldest market since 2013, 100 its hottest. Today: 45. How it's scored

Photo via MIAMI MLS

Built fromLive MIAMI MLS data14 years of closingsUpdated twice daily

As of September 2026, Pelican Bay at Old Cutler in Cutler Bay, FL has 4 homes for sale, asking from $629,000 to $799,000 (median $651,750). Over the 12 months ending 2026-09-20, 12 recorded sales closed at a median of $622,000, $353 per square foot, a median 31 days on market, sellers accepting 98% of original asking (+4% versus the prior year). Homes listed or recently sold were built 2004–2005; 4 of 4 report an HOA (median $35/mo). At the median price and Miami-Dade County's FY2025-26 rate of 17.59 mills, annual property tax runs about $10,940 ($10,230 with the full homestead exemption).

Part of the Old Cutler master-planned community in Cutler Bay, FL — see all Old Cutler homes for sale (6 listings across 3 villages and sections in the MLS).

PELICAN BAY AT OLD CUTLER key facts
LocationCutler Bay, Miami-Dade County, FL · ZIP 33189
Sale prices, last 12 months$622,000 median across 12 closed sales · $353 per sq ft · +3.7% vs the prior 12 months
Days on market (closed sales)31 median
For sale right now4 active, 0 pending · median asking $651,750

Data as of September 20, 2026. Based on information from the Southeast Florida Multiple Listing Service (SEFMLS) or from MIAMI Association of REALTORS(R) for the period 2012 through 2026. Market figures describe homes, not residents. Cite as: Momentum Realty, “PELICAN BAY AT OLD CUTLER key facts,” movewithmomentum.com/neighborhoods/pelican-bay-at-old-cutler, data as of September 20, 2026.

Last 30 days in Pelican Bay at Old Cutler: 1 new listing (median asking $659,000). As of September 23, 2026, Listing information provided by the Southeast Florida MLS (SEFMLS) / MIAMI Association of REALTORS(R). Information is deemed reliable but not guaranteed by the MLS to be accurate.

Live · Pelican Bay at Old Cutler Housing Pulse MIAMI MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Price
$622K ▲
Median sold · 12 mo
up 3.7% vs the prior 12 months
+3.7% ▲
1-yr price change
n = 12 and 11 sales in the two windows
$353/sf
Sold $/sqft · 12 mo
peak $353 in 2026
97.9%
Sale vs ask
+255%
T12M median vs 2012
from a $175K median in 2012
Tempo
31days
Median DOM · closed
9 days at the 2021 low
0%
Under contract
Miami-Dade: 18% (3,367 of 18,681)
4 · 0
For sale · pending
live counts, refreshed twice daily
12
Sold · last 12 mo
10-yr average: about 8 a year
Track record · 14 years of records
1,659sqft
Median sold home size
12-mo windows, closed sales

Homes For Sale Right Now in Pelican Bay at Old Cutler

Live MLS inventory for Pelican Bay at Old Cutler. 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 Pelican Bay at Old Cutler listings as of 2026-09-23, 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 2012 through 2026. Tap any home to ask about it.

Every Home for Sale in Pelican Bay At Old Cutler Right Now (4)

All 4 active and pending Pelican Bay At Old Cutler listings with a detail page, newest first, refreshed twice a day from the MLS.

  • 20922 SW 88th Pl · $659,000 · 3 bd / 3 ba · listed Sep 7, 2026 · listed by My Realty Group, LLC.
  • 20901 SW 88th Court · $799,000 · 5 bd / 3 ba · listed Aug 16, 2026 · listed by Florida Realty of Miami Corp
  • 21053 SW 88th Place · $644,500 · 3 bd / 3 ba · listed Jun 27, 2026 · listed by Platinum Pointe Realty Inc
  • 9031 SW 208th Ter · $629,000 · 3 bd / 3 ba · listed Jun 27, 2026 · listed by RE/MAX Advance Realty II
Pelican Bay at Old Cutler Housing Pulse · Momentum Research · as of September 20, 2026

Pelican Bay at Old Cutler right now

🟡 Still climbing. The trailing-12-month median ($622K) is up 3.7% from the prior 12 months ($600K) and up 255% since 2012. 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 20. Confidence: Medium (12 and 11 sales in the two windows).

Jump to: Price history & scorecard · Homes for sale · Schools · FAQ

· Updated September 28, 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

Pelican Bay at Old Cutler market snapshot (as of September 20, 2026): the median sale price is about $622K ($353 per sq ft over the trailing 12 months of closed sales), and a median 31 days on market for closed sales. The trailing-12-month median is up 4% from the prior 12 months and up 255% since 2012, computed from record-level MIAMI MLS closed sales (12 closings in the current window).

In ZIP 33189 (Cutler Bay), 322 homes closed in the last 12 months at a median of $575K ($343/sq ft), up 1.7% year over year, with a median 45 days on market. Right now 123 active and 28 pending listings — a balanced market. See the live ZIP 33189 housing market and the Miami-Dade County market.

MIAMI REALTORS sales records identify 170 homes in PELICAN BAY AT OLD CUTLER that have changed hands since 2006, built between 2004 and 2006 (median 2004), with a median living area of about 1,939 sq ft and a typical 3-bedroom, 2.5-bath layout; 100% are single-family homes. Source: MIAMI REALTORS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.

Windows contain 3 to 13 sales each (12 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 2012 through 2026. Deemed reliable but not guaranteed.

Median sale price · trailing 12 mo
$200K$400K$600K20122014201620182020202220242026
Up 3.7% year over year; up 255% since 2012.
Every sale since 2012 · price vs size
$0$200K$400K$600K2k2k2k
131 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Sold $ per sq ft · trailing 12 mo
$100$200$30020122014201620182020202220242026
Up from $89 in 2012 to a $353 peak in 2026; $353 now.
Median days on market · closed sales
20406020122014201620182020202220242026
9 days at the 2021 low; 31 now.
Sale price vs original ask · median
96%98%100%20122014201620182020202220242026
97.9% now.
Homes sold per 12-mo window
051020122014201620182020202220242026
3 to 13 a year; 12 in the current window.
Market Heat · 0 coldest, 100 hottest in the record
20406080seller-leaningbuyer-leaning2014201620182020202220242026
86 at the 2021 peak, 15 in the troughs, 45 now. Same score as the hero card, full history.
How much local inventory is already under contract

23% of homes for sale in ZIP 33189 are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-09-24).

Pelican Bay at Old Cutler Market Scorecard

Balanced

Pelican Bay at Old Cutler is currently a balanced market., a median asking price of $651,750, and homes go under contract in about 124 days.

$651,750
Median list
$622,000
Median sold
$319
List $/sqft
124
Days on mkt
4/0/0
Active/Pend/Sold

Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.

Live data: MIAMI MLS, refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.

If we were buying in Pelican Bay at Old Cutler today, this is the order of operations we would run for our clients.

1

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.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

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 Pelican Bay at Old Cutler.

A closer look at the Pelican Bay at Old Cutler market

At a median of $353 per square foot, Pelican Bay at Old Cutler prices sit in a fairly defined band, so condition and updates — more than the list price — tend to separate one home from the next.

The trailing-12-month median up 4% year over year. Homes that do trade take a median 31 days on market, useful leverage on any listing that has lingered.

“

The location and the amenities are priced into every listing in Pelican Bay at Old Cutler. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty
8.5A- · Buy Score
Long-Term Appreciation10.0/10
Recent Direction6.9/10
Pricing Power8.6/10

Momentum Intelligence Scores are our proprietary, qualitative assessment on a 0 to 10 scale, built from the record-level market data on this page. They are a framework for comparing communities, not a guarantee of future value and not advice on a specific home; unlike an automated value estimate they do not price your home, they grade the community on evidence you can inspect. Composite is the plain average of the 3 factors (8.5). Basis: Long-Term Appreciation +255% since 2012; Recent Direction +3.7% year-over-year; Pricing Power 97.9% sale-to-list. Refreshed with each data update.

HOA, CDD & Fees

A note on who we are: Momentum Realty is a real estate brokerage. We are not the Pelican Bay at Old Cutler homeowners association, its management company or its developer, and we cannot help with dues, gate access, violations, amenity bookings or association documents. To reach the association, check your closing package, the recorded declaration at the county clerk, or search the association’s name at sunbiz.org for its registered agent. Call or message us to buy or sell a home in Pelican Bay at Old Cutler.
In short
  • HOA dues reported around $35/month (about $420/yr) · median of 12 MLS listings, most billed quarterly
  • Any club/amenity membership is billed separately

Listings in this community report association dues of about $35 per month ($420 a year) — the median AssociationFee across 12 MLS records, normalised to a monthly figure; most are billed quarterly. Dues change with budgets and can differ by section or product type; confirm the current figure with the association before you offer. Source: MLS listing records, 2026-09.

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Pelican Bay at Old Cutler sales matched to your home.

What is your Pelican Bay at Old Cutler home worth?

Get a no-obligation home value based on real comparable sales in Pelican Bay at Old Cutler, 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 →

Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in Pelican Bay at Old Cutler?
The median sale price in Pelican Bay at Old Cutler was $622K over the 12 months ending September 20, 2026 (12 closed sales, MIAMI MLS).
How long do homes in Pelican Bay at Old Cutler take to sell?
Homes that closed in the 12 months ending September 20, 2026 took a median 31 days on market (12 sales, MIAMI MLS).
Have Pelican Bay at Old Cutler home prices gone up?
The trailing-12-month median is up 255% since 2012, from $175K to $622K (MIAMI MLS closed records).
Who is the best real estate agent for Pelican Bay at Old Cutler?
The best agent for Pelican Bay at Old Cutler is one who actively works Cutler Bay and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for Pelican Bay at Old Cutler.
How do I find a top Cutler Bay real estate agent who knows Pelican Bay at Old Cutler?
Share a few details in the form on this page. Momentum Realty has 320+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Pelican Bay at Old Cutler and the wider Cutler Bay area.
Can Momentum Realty connect me with an agent for Pelican Bay at Old Cutler?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Pelican Bay at Old Cutler purchase or sale - no call center and no pressure.
Where is Pelican Bay at Old Cutler, and what county is it in?
Pelican Bay at Old Cutler is in Cutler Bay, Miami-Dade County, FL, ZIP 33189.

Data sources & freshness

Live listingsMIAMI MLS, refreshed twice daily (last: September 23, 2026)
Community market statsMIAMI MLS closed sales, 12-month windows ending September 20, 2026
Under-contract sharesMIAMI MLS records, as of 2026-09-20
Historical depthClosed-sale records back to 2012 (131 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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Nearby Communities

Explore more neighborhoods near Pelican Bay at Old Cutler with Momentum Realty’s local guides.

Breeze Of Galloway Condo0.2 mi away · 1 for saleGalloway Lakefront Condo0.2 mi awayCantamar0.2 mi away · median $748K, 6 sales/12 moCutler Lakes Condo0.2 mi away · 2 for saleCutler Lakes Condo0.2 mi awayC B Palms0.3 mi away · median $625K, 5 sales/12 moLe Club At Old Cutler Con0.4 mi away · median $240K, 11 sales/12 moAlexandria Estates Subdiv0.4 mi away

Browse all neighborhood guides →

More on Pelican Bay at Old Cutler

Thinking of selling in PELICAN BAY AT OLD CUTLER? 12 recorded closings; median 31 days on market (window ending 2026-09-20). See the Miami-Dade County sell-now-or-wait data, what made 201,552 Florida listings fail in the last 12 months, or compare a cash offer vs. listing. Compiled from MLS records; deemed reliable but not guaranteed.
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