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55+ Community · Cutler Bay, FL
Lakes By The Bay Gee is an age-restricted 55+ community in Cutler Bay, Miami-Dade County, Florida, governed under the Housing for Older Persons Act (HOPA). Homes are priced from $429,900 to $580,000.
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Market Overview
There are 4 active listings for sale in Lakes By The Bay Gee right now. The median list price is $447,000, or about $266 per square foot. Listings span $415,000 to $530,000, so there is inventory across most budgets. Homes are averaging 90 days on market. These figures update from the MLS as the market moves.
Lakes By The Bay Gee Market Stats
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About Lakes By The Bay Gee
Lakes By The Bay Gee is an age-restricted 55+ community in Cutler Bay, Miami-Dade County, Florida, governed under the Housing for Older Persons Act (HOPA). Homes are priced from $429,900 to $580,000. At least one resident per home must be 55 or older. Pure Equity Realty represents buyers and sellers in Lakes By The Bay Gee at 1% listing commission. Free buyer representation.
Homes & Architecture
Homes for sale in Lakes By The Bay Gee offer 3 to 4 bedrooms and 2.5 to 3 baths. Living areas run from about 1,526 to 1,747 square feet. The mix here includes townhouse homes. Current prices run from $415,000 to $530,000. The homes on the market were built between 2006 and 2010.
Amenities & Lifestyle
As an age-restricted community, Lakes By The Bay Gee centers on an active adult lifestyle, with amenities and a social calendar built for residents 55 and over.
Location
Lakes By The Bay Gee is located in Cutler Bay, part of Miami-Dade County, Florida. The Cutler Bay area's shopping, dining, schools, and parks are all nearby, and the region's job centers, beaches, and airports are within driving distance.
Buying in Lakes By The Bay Gee
Buying in Lakes By The Bay Gee follows the same path as the rest of Miami-Dade County. Getting a mortgage pre-approval first tells you your real budget and lets you move quickly when the right home comes up. Ask for the association's governing documents, budget, and reserve study before you write an offer. Association fees, any club or membership costs, and rules on rentals, pets, and leasing vary by community and materially affect the true cost of ownership. Property taxes factor into the monthly payment: the median annual property tax in Miami-Dade County is about $3,516. Florida's homestead exemption lowers the taxable value of a primary residence, and the Save Our Homes cap limits how fast that assessed value can rise from year to year. Budget for homeowners insurance as well. Rates in Florida reflect wind and flood exposure, so gather quotes early and check whether a specific address sits in a FEMA flood zone. Once you are under contract, plan for a home inspection and, if you are financing, a lender appraisal, both of which fall inside the inspection period. Working with an agent who knows Cutler Bay means you see new listings in Lakes By The Bay Gee the day they reach the market.
Selling in Lakes By The Bay Gee
A successful sale in Lakes By The Bay Gee comes down to pricing, presentation, and marketing. List prices in Lakes By The Bay Gee currently center around $447,000, which is a starting reference for where a comparable home might be positioned. Homes that are decluttered, professionally photographed, and priced to recent comparable sales tend to draw the most interest in the first two weeks, when a listing is newest and gets the most views. Buyers in an association community also want to see the HOA or condo docs, the reserve study, and any pending or special assessments up front, so having those ready before you list avoids delays once you are under contract. Florida sellers usually pay the documentary stamp tax on the deed, currently $0.70 per $100 of the sale price in most counties, along with prorated property taxes and, by local custom in many areas, the owner's title insurance policy. We provide a no-obligation home valuation for Lakes By The Bay Gee owners in Cutler Bay, so you can see what your property could sell for before you commit to listing.
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