For SaleRisky Deal65 days on market
22501 SW 88th Pl #525
22501 SW 88th Pl #525, Cutler Bay, FL 33190, Cutler Bay, FL 33190
$299,000
Estimate®:$297,600
Listing Price
22501 SW 88th Pl #525, Cutler Bay, FL 33190
Loc: Cutler Bay, FL
Days Listed
65
Tax Assessed
$249k
Estimate®
$298k
Market Rate
Rent Estimate
$2,319/mo
Est. Cash Flow base
Type
townhouse
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
5
Dr. Edward L. Whigham Elementary School
PK-5
0.5 mi away
5
Cutler Bay Middle
6-8
2.2 mi away
3
Miami Southridge Senior High School
8-12
3.3 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
Mediterranean-stylestucco exteriormulti-story townhousetile roofwrought iron balconystone veneer accentslandscaped lawnpalm treegated entrywaysuburban residentialarched architectural detailswell-maintainedpaved walkway
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
5.75%
Total ROI
83.8%
Cash Flow
$-120/mo
DSCR
0.92
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-120/mo net cash flow with a 5.8% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (5.8%)
- • Strong rental demand in Cutler Bay
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-21 | Price change | $299,000 | $263 |
| 2026-08-19 | Price change | $304,000 | $267 |
| 2026-07-20 | Listed for sale | $308,000 | $270 |
| 2020-07-09 | Sold | $180,000 | $158 |
| 2014-11-17 | Sold | $196,000 | $172 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $4,768.61 | $163,939 |
| 2024 | $4,691.31 | $159,319 |
| 2023 | $4,420.27 | $154,679 |
| 2022 | $4,306.46 | $150,174 |
| 2021 | $4,268.34 | $145,800 |
| 2020 | $4,796.86 | $135,000 |
| 2019 | $4,778.08 | $135,000 |
| 2018 | $4,703.54 | $135,000 |
| 2017 | $4,703.54 | $137,142 |
| 2016 | $4,852.54 | $152,380 |
| 2015 | $5,107.4 | $152,380 |
| 2014 | $2,363.88 | $9,725 |
| 2013 | $1,943.61 | $9,725 |
| 2012 | $1,943.61 | $9,725 |
| 2011 | $1,061.87 | $9,725 |
| 2010 | $1,065.72 | $9,725 |
| 2009 | $953.82 | $9,725 |
Similar Properties Nearby
Explore other investment opportunities in Cutler Bay.