55+ Community · Cutler Bay, FL
Lakes By The Bay Jay Cutler Bay, FL Homes For Sale & Real Estate
Lakes By The Bay Jay, Cutler Bay, FL, is a 55+ community in Miami-Dade County with 2 homes for sale right now. Lakes By The Bay Jay is an age-restricted 55+ community in Cutler Bay, Miami-Dade County, Florida, governed under the Housing for Older Persons Act (HOPA).
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Lakes By The Bay Jay Market at a Glance
Live MLS · Updated Oct 14, 2026
- Active Inventory
- 2
- New Listings (30d)
- 1
- Pending Sales
- 1
- Median List Price
- $455,000
- Avg Days on Market
- 18
Residential MLS data for Lakes By The Bay Jay, updated nightly. View full market reports →
Available Now
Market Overview
Lakes By The Bay Jay real estate market
There are 2 homes for sale in Lakes By The Bay Jay right now. With so few homes on the market, these asking prices describe those homes rather than Lakes By The Bay Jay as a whole, so recent closed sales are the better guide to value here. These figures update from the MLS as the market moves.
Lakes By The Bay Jay Market Stats
MLS data updated October 9, 2026- Active Listings
- 2
- Median List Price
- $455,000
- Median $/Sq Ft
- $267
- Avg Days on Market
- 18
- Price Range
- $455,000 to $455,000
Frequently Asked Questions
- How many homes are for sale in Lakes By The Bay Jay?
- There are 2 homes for sale in Lakes By The Bay Jay right now, and the count updates from the MLS nightly as homes come on the market and go under contract. Inventory this thin means a buyer who wants to live in Lakes By The Bay Jay is usually waiting for the next listing rather than choosing between several, so it pays to be ready before one appears. Ask us to set up a search alert and you will see new Lakes By The Bay Jay listings the day they reach the market.
- What do homes in Lakes By The Bay Jay cost?
- The homes for sale in Lakes By The Bay Jay are listed between $455,000 and $455,000. An asking price is one seller's opinion, and with so few listings it says more about those houses than about Lakes By The Bay Jay. Recent closed sales in Lakes By The Bay Jay are the better measure, and we can pull them for a specific home.
About Lakes By The Bay Jay
Lakes By The Bay Jay, Cutler Bay, FL, is a 55+ community in Miami-Dade County with 2 homes for sale right now. Lakes By The Bay Jay 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 $405,000 to $479,000. At least one resident per home must be 55 or older. Pure Equity lists homes in Lakes By The Bay Jay and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.
Homes & Architecture
Homes for sale in Lakes By The Bay Jay
Homes for sale in Lakes By The Bay Jay offer 3 bedrooms and 2.5 baths. Living areas are around 1,705 square feet. The mix here includes townhouse homes. The 12 most recent sales in Lakes By The Bay Jay had 2 to 3 bedrooms and 1,518 to 1,812 square feet, which is a fuller picture of the homes here than the current listings alone. Those homes were built between 2005 and 2006.
Schools
Schools near Lakes By The Bay Jay
Homes for sale in Lakes By The Bay Jay are typically zoned for the Cutler Bay public schools below, based on current MLS listings. Confirm the exact attendance zone for any specific address with the Miami-Dade County school district before you buy.
- Elementary School
- Dr. Edward L. Whigham
- Middle School
- Cutler Bay Middle
- High School
- Miami Southridge
Map
Where Lakes By The Bay Jay is in Cutler Bay
Centred on the homes listed and recently sold in Lakes By The Bay Jay.
Recent Sales
Recently sold homes in Lakes By The Bay Jay
These are the last 15 recorded closings in Lakes By The Bay Jay, with the price each home actually sold for rather than what it was listed at. They closed at a median of $250 per square foot. The most recent closed on July 17, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$403,000
Sold · July 17, 2026
22251 SW 88th Path
3 bed · 2.5 bath · 1,705 sqft · $236/sqft
$2,000 under the asking price
Sold$469,000
Sold · July 15, 2026
8906 SW 221st Terrace
3 bed · 2.5 bath · 1,812 sqft · $259/sqft
$10,000 under the asking price
Sold$402,000
Sold · April 30, 2026
8884 SW 220th Lane
3 bed · 3 bath · 1,705 sqft · $236/sqft
$43,000 under the asking price
Sold$500,000
Sold · April 24, 2026
8905 SW 221st Terrace
3 bed · 2.5 bath · 1,812 sqft · $276/sqft
Sold$380,000
Sold · April 6, 2026
22168 SW 88th Path
2 bed · 2.5 bath · 1,518 sqft · $250/sqft
$5,000 under the asking price
Sold$395,000
Sold · March 30, 2026
8925 SW 222nd Terrace
3 bed · 2.5 bath · 1,705 sqft · $232/sqft
$10,000 over the asking price
| Address | Closed | Sold for | Beds / baths | Sq ft | $/sq ft |
|---|---|---|---|---|---|
| 22232 SW 88th Path | February 27, 2026 | $384,500 | 2 / 2.5 | 1,518 | $253 |
| 21937 SW 88th Path | January 16, 2026 | $400,000 | 3 / 2.5 | 1,705 | $235 |
| 8919 SW 222nd Terrace | October 9, 2025 | $369,999 | 2 / 2.5 | 1,518 | $244 |
| 22006 SW 89th Court | September 25, 2025 | $440,000 | 3 / 2 | 1,812 | $243 |
| 22018 SW 89th Court | September 17, 2025 | $435,000 | 3 / 2.5 | 1,705 | $255 |
| 8926 SW 220th Street | July 28, 2025 | $500,000 | 3 / 2.5 | 1,812 | $276 |
| 22130 SW 89th Court | July 23, 2025 | $430,000 | 3 / 2.5 | 1,705 | $252 |
| 8913 SW 220th Street | July 18, 2025 | $400,000 | 3 / 2.5 | 1,705 | $235 |
| 22236 SW 89th Court | July 18, 2025 | $445,000 | 3 / 2.5 | 1,705 | $261 |
See every recorded sale in Lakes By The Bay Jay or find out what your Lakes By The Bay Jay home is worth.
Under Contract
Homes under contract in Lakes By The Bay Jay
One home in Lakes By The Bay Jay is under contract right now. A buyer and seller have agreed to terms and the sale has not closed yet. Pending homes are a read on demand rather than on asking prices, and because they have not closed they show it earlier than sold comps do. If you are deciding what to list for in Lakes By The Bay Jay, this is what buyers are committing to today.
See what your Lakes By The Bay Jay home would sell for in this market, or track every pending sale in Lakes By The Bay Jay.
Market & Value
Lakes By The Bay Jay market and home values
The Lakes By The Bay Jay real estate market reads best through the community's own recent activity, not a county-wide average. Only 2 homes are for sale in Lakes By The Bay Jay right now, too few for an asking median to say much about the community or to compare fairly with the Miami-Dade County figure. Recorded closings are the better guide, because they show what buyers in Lakes By The Bay Jay actually paid. For pricing an offer or a listing, comparable sales within Lakes By The Bay Jay carry more weight than any headline number, since homes of the same type and size set the real range. Pure Equity can pull the active and recently sold homes in Lakes By The Bay Jay so you work from real numbers, not an estimate.
How It Compares
Lakes By The Bay Jay compared to nearby Cutler Bay communities
Lakes By The Bay Jay has only 2 homes for sale, so its row reflects those listings rather than a community median. Price per square foot is the fairer comparison between communities, because it adjusts for the fact that one neighborhood builds bigger homes than another. Days on market shows how quickly each one is actually selling.
| Community | Homes | Median | $/Sq Ft | Days |
|---|---|---|---|---|
| Cutler Cay | 18 | $1,142,000 | $269 | 73 |
| Saga Bay | 8 | $799,000 | $344 | 109 |
| Bel Aire | 12 | $717,492 | $415 | 98 |
| Lakes By The Bay | 13 | $515,000 | $358 | 92 |
| Lakes By The Bay Jay this page | 2 | $455,000 | $267 | 18 |
| The Courts At Bayshore | 22 | $304,900 | $302 | 127 |
| Le Club At Old Cutler Con | 10 | $235,000 | $241 | 67 |
Medians come from active listings in each community and move as inventory turns over. They describe the homes currently for sale, not what any one home is worth.
Who It Suits
Is Lakes By The Bay Jay right for you?
It helps to know who Lakes By The Bay Jay tends to suit before you tour. As an age-restricted community, Lakes By The Bay Jay fits active adults, downsizers, and seasonal residents who want a lock-and-leave home and a full social calendar. At least one resident usually needs to meet the age requirement, so confirm the specific age rule and any younger-spouse provision before you buy. Whether Lakes By The Bay Jay is right for you depends on how you plan to use the home, full time or seasonally, and Pure Equity can walk you through the tradeoffs before you commit.
Amenities & Lifestyle
Living in Lakes By The Bay Jay
As an age-restricted community, Lakes By The Bay Jay centers on an active adult lifestyle, with amenities and a social calendar built for residents 55 and over.
Location
Lakes By The Bay Jay location
Lakes By The Bay Jay is located in Cutler Bay, part of Miami-Dade County, Florida. Residents are close to the shopping, dining, schools, and parks of the Cutler Bay area, with the wider job centers, beaches, and airports of the region within driving distance.
Buying in Lakes By The Bay Jay
Buying a home in Lakes By The Bay Jay
The buying process in Lakes By The Bay Jay is the one used across 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 Jay the day they reach the market.
Selling in Lakes By The Bay Jay
Selling a home in Lakes By The Bay Jay
Selling a home in Lakes By The Bay Jay starts with pricing it correctly for current conditions. 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 Jay owners in Cutler Bay, so you can see what your property could sell for before you commit to listing.
Thinking of Selling?
What is your Lakes By The Bay Jay home worth?
Online estimates miss what makes a home different. Tell us about yours and a licensed listing agent will send you a pricing opinion based on what has actually closed near you in Lakes By The Bay Jay.
Listing agents and seller representation in Lakes By The Bay Jay
Thinking about selling in Lakes By The Bay Jay? The agent you pick shapes two numbers: what your home closes for, and how long it takes. A listing agent, also called a seller's agent, prices the property against what has actually closed nearby. They also prepare and market it, screen the offers that arrive, and negotiate the terms rather than just the price.
Conditions in Lakes By The Bay Jay sit close to balanced, which rewards sellers who price against real closed sales instead of neighboring asking prices.
Community-level detail matters most here. Association rules, what the fees cover, and which buildings sell fastest all affect your outcome. So does whether a buyer needs board approval before closing. None of it appears in a listing description. All of it decides whether a sale closes on time.
Pure Equity is a licensed Florida brokerage serving Lakes By The Bay Jay. Onias Derilus is the broker of record, Florida Real Estate Broker license BK3276618. A broker holds a higher license than an agent working under one. In practice that means the person advising you on price is also the one legally responsible for the file. That matters most when a deal gets complicated.
More on this: questions to ask a listing agent · selling a house with open permits
Realtors and real estate agents serving Lakes By The Bay Jay
People search for realtors, real estate agents, and real estate brokers more or less interchangeably. For most purposes the job title matters less than licensing and representation. Every licensed agent in Florida works under a broker. That broker carries final responsibility for the transaction.
What separates real estate professionals in Lakes By The Bay Jay is specificity. Can they answer questions about your street, not just your city? Ask what they have closed nearby and how they arrived at a price. A grounded answer cites particular recent sales. It also explains why those homes compare to yours. Vague reassurance is the warning sign.
More on this: how much is my house worth in South Florida? · what is a comparative market analysis? · taxes and money when you sell
Buyer's agents in Lakes By The Bay Jay
A buyer's agent represents the purchaser rather than the owner. They identify properties that actually fit and research what comparable homes sold for, not what they asked. They also advise on offer strategy. Finally, they manage inspection and financing deadlines through to closing.
Where buyers have room to negotiate, as they do in Lakes By The Bay Jay, the leverage is only worth something if you know where it exists and what to ask for. If you are buying and selling at the same time, which is common for people moving within Miami-Dade County, sequencing the two is its own skill: contingencies, timing, and what happens if one closing slips all need planning before either home goes on the market.
What representation costs
Real estate commissions are negotiable. No law, multiple listing service, or association sets them. If an agent tells you there is a standard rate, they are misinforming you. What you pay is agreed between you and the brokerage you hire. Get it in writing before the work begins.
Industry rules changed in 2024. Now a buyer and their agent must put compensation in a written buyer agreement before touring homes together. Sellers may still offer to contribute toward the buyer's side. However, that is negotiated rather than assumed. It is worth thinking through with your listing agent before you go live.
More on this: how commission is actually structured · tax on the sale, and who actually answers it · timing a listing in the Florida market
Buying Instead?
Search Lakes By The Bay Jay with someone local
We will tell you which listings are worth your time, what comparable homes actually closed for, and how to structure an offer that holds up through inspection and financing.
Frequently asked questions
How do I find a listing agent in Lakes By The Bay Jay?
Ask any listing agent you interview two questions. Which homes have they closed near Lakes By The Bay Jay, and how did they arrive at their suggested price? A grounded answer names recent closed sales. It also explains why those homes compare to yours. Optimistic pricing costs sellers more than almost any other decision. Verify the license too. Florida licenses are public and searchable through the state's DBPR portal. Pure Equity is a licensed brokerage serving Miami-Dade County. You can reach the broker directly at (561) 835-5400.
What does a seller's agent actually do?
A seller's agent prices the home against comparable closed sales. Before it goes live, they advise on repairs and presentation. Then they handle photography and marketing, and put the home in front of buyers and other agents. When offers arrive, they screen them and negotiate both price and terms. Terms matter as much as the number, because inspection windows, financing contingencies, and closing dates all affect whether an offer reaches the closing table.
How much does a real estate agent cost in Lakes By The Bay Jay?
Commissions are fully negotiable. No law or real estate board sets them. What you pay is whatever you and your brokerage agree to in writing before work begins. Since the 2024 rule changes, buyers and their agents must agree compensation in a written buyer agreement before touring homes. Any seller contribution toward the buyer's side is negotiated rather than automatic. Ask any agent you interview to put their fee in writing.
What is the difference between a realtor, a real estate agent, and a broker?
A real estate agent holds a state license to represent buyers and sellers. A broker holds a higher-level license and can operate a brokerage. That broker also carries final legal responsibility for the office's transactions. Realtor is a membership term for agents belonging to the National Association of Realtors. For someone buying or selling in Lakes By The Bay Jay, three practical questions matter. Is the person licensed, who do they represent in your transaction, and what can they actually tell you about your local market?
Do I need an agent to buy a home in Lakes By The Bay Jay?
You are not legally required to use one, but most buyers in Lakes By The Bay Jay do. A buyer's agent handles the parts that are easy to get wrong. That means identifying what comparable homes actually closed for, spotting condition or association issues early, and managing inspection and financing deadlines. Even in a slower market, negotiating room is only useful if you know where it exists.
Can one agent help me sell my current home and buy the next one?
Yes. For people moving within Miami-Dade County it is often the more practical route, because one person coordinates both timelines. Sequencing is the hard part. Should your purchase be contingent on your sale? How would you cover a gap if the closings do not line up? What happens if one side is delayed? Plan all of that before either home is listed, rather than after an offer arrives.
Public Records
Look up Lakes By The Bay Jay property records
Anything on this page that affects what a home costs to own, assessed value, exemptions, flood zone, is published by a public agency. These are the official sources, not our summaries of them.
Miami-Dade County Property Appraiser
Assessed value, homestead exemption status, and recorded sales history for any parcel.
FEMA Flood Map Service Center
Look up the official flood zone for an address before you budget for insurance.
Florida Department of Revenue, property taxes
How Florida assesses property, and which exemptions you can claim.
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