Lakes by the Bay Gee
Homes for Sale in Cutler Bay, FL

Lakes by the Bay Gee market snapshot (as of September 20, 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).

In ZIP 33190 (Cutler Bay), 181 homes closed in the last 12 months at a median of $540K ($302/sq ft), up 0.7% year over year, with a median 49 days on market. Right now 79 active and 19 pending listings — a balanced market. See the live ZIP 33190 housing market and the Miami-Dade County market.

MIAMI REALTORS sales records identify 96 homes in LAKES BY THE BAY GEE that have changed hands since 2018, built between 2006 and 2011 (median 2007), with a median living area of about 1,712 sq ft and a typical 3-bedroom, 2.5-bath layout; 90% are townhomes. Source: MIAMI REALTORS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.

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.

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.

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.

Listings in this community report association dues of about $99 per month ($1,188 a year) — the median AssociationFee across 12 MLS records, normalised to a monthly figure; most are billed monthly. 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, 2026-10.

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