Lakes by the Bay Kaye
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
True comps, carrying-cost math, and listings before the portals.
Market Heat
Photo via MIAMI MLS
As of October 2026, Lakes By the Bay Kaye in Cutler Bay, FL has 1 home for sale. Over the 12 months ending 2026-09-20, 5 recorded sales closed at a median of $575,000, $312 per square foot, a median 54 days on market, sellers accepting 96% of original asking (-6% versus the prior year). At the median price and Miami-Dade County's FY2025-26 rate of 17.59 mills, annual property tax runs about $10,120 ($9,400 with the full homestead exemption).
| Location | Cutler Bay, Miami-Dade County, FL · ZIP 33189, 3319, 33190 |
|---|---|
| Sale prices, last 12 months | $575,000 median across 5 closed sales · $312 per sq ft · -6.1% vs the prior 12 months |
| Days on market (closed sales) | 54 median |
| For sale right now | 1 active, 0 pending · median asking $610,000 |
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, “LAKES BY THE BAY KAYE key facts,” movewithmomentum.com/neighborhoods/lakes-by-the-bay-kaye, data as of September 20, 2026.
Lakes by the Bay Kaye right now
🟡 Off the recent peak. The trailing-12-month median ($575K) is down 6.1% from the prior 12 months ($612K) and up 158% since 2012. With about 5 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: Low (5 and 6 sales in the two windows).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
· Updated October 2, 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 Kaye market snapshot (as of September 20, 2026): the median sale price is about $575K ($313 per sq ft over the trailing 12 months of closed sales), and a median 54 days on market for closed sales. The trailing-12-month median is down 6% from the prior 12 months and up 158% since 2012, computed from record-level MIAMI MLS closed sales (5 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 97 homes in LAKES BY THE BAY KAYE that have changed hands since 2006, built between 2004 and 2005 (median 2004), with a median living area of about 2,014 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.
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending September 20 of each year, from record-level MIAMI MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($575K) IS the median in the snapshot above, and the move from 2025 ($612K) IS the -6.1% one-year change.
Windows contain 1 to 11 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 2012 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.
22% of homes for sale in ZIP 33190 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).
Lakes by the Bay Kaye Market Scorecard
Lakes by the Bay Kaye is currently a balanced market., a median asking price of $610,000, and homes go under contract in about 79 days.
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.
Homes For Sale Right Now in Lakes by the Bay Kaye
Live MLS inventory for Lakes by the Bay Kaye. 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 Kaye 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 Lakes By The Bay Kaye Right Now (1)
All 1 active and pending Lakes By The Bay Kaye listings with a detail page, newest first, refreshed twice a day from the MLS.
- 8836 SW 221 Terr · $610,000 · 4 bd / 2 ba · listed Jul 9, 2026 · listed by Lifestyle International Realty
The Lakes by the Bay Kaye buying strategy.
If we were buying in Lakes by the Bay Kaye 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 Kaye.
A closer look at the Lakes by the Bay Kaye market
At a median of $313 per square foot, Lakes by the Bay Kaye 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 down 6% year over year. Homes that do trade take a median 54 days on market, useful leverage on any listing that has lingered.
The location and the amenities are priced into every listing in Lakes by the Bay Kaye. The deal is won or lost on condition, the comps, and the renovation math.
Momentum Buy Score.
Our proprietary 0 to 10 read across the factors that decide how a home in Lakes by the Bay Kaye buys, holds, and resells. Momentum Research; not an appraisal.
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 (7.0). Basis: Long-Term Appreciation +158% since 2012; Recent Direction -6.1% year-over-year; Pricing Power 95.9% sale-to-list. Refreshed with each data update.
HOA, CDD & Fees
- HOA dues reported around $108/month (about $1,296/yr) · median of 3 MLS listings, most billed monthly
- Any club/amenity membership is billed separately
Listings in this community report association dues of about $108 per month ($1,296 a year) — the median AssociationFee across 3 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.
Tools for a Lakes by the Bay Kaye 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 Kaye 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 Kaye, 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 Kaye home worth?
Get a no-obligation home value based on real comparable sales in Lakes by the Bay Kaye, 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 KAYE
Homes in LAKES BY THE BAY KAYE 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. 1 on record.
- 8815 SW 221st Ter · off market
Frequently Asked Questions
What is the median home price in Lakes by the Bay Kaye?
How long do homes in Lakes by the Bay Kaye take to sell?
Have Lakes by the Bay Kaye home prices gone up?
Who is the best real estate agent for Lakes by the Bay Kaye?
How do I find a top Cutler Bay real estate agent who knows Lakes by the Bay Kaye?
Can Momentum Realty connect me with an agent for Lakes by the Bay Kaye?
Where is Lakes by the Bay Kaye, and what county is it in?
Data sources & freshness
| Live listings | MIAMI MLS, refreshed twice daily (last: September 23, 2026) |
| Community market stats | MIAMI MLS closed sales, 12-month windows ending September 20, 2026 |
| Under-contract shares | MIAMI MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 2012 (78 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.
Looking to buy here? Search homes for sale →
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A real valuation with real comps from a local listing agent, not an instant algorithm. Response within one business day.
See how LAKES BY THE BAY KAYE fits the bigger picture — live prices, inventory, and Momentum Scores:
More on Lakes by the Bay Kaye
- Home values · What homes in Lakes by the Bay Kaye actually sell for
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