$400,000
Sold · January 16, 2026
21545 SW 87 Court
Cutler Bay, FL 33189
Explore the area: Cutler Bay homes for sale · Miami Dade County real estate
Sale Summary
What this home sold for
- Sold price
- $400,000
- Vs. list price
- 4.8% under
- Days on market
- 300
- Price per sq ft
- $341
This 2-bedroom townhouse in Lakes By The Bay sold for $400,000 on January 16, 2026. That was 4.8% below its final list price of $420,000. It first came on the market at $425,000, so the price was adjusted before it sold. It spent 300 days on the market.
Listing Snapshot
- Sold Price
- $400,000
- Sold On
- January 16, 2026
- Days on Site
- 300 Days
- Bedrooms
- 2
- Total Baths
- 2
- Full Baths
- 2
- Partial Baths
- 0
- Living Area
- 1,172 sqft
- Total Sq Ft
- 1,172 sqft
- Year Built
- 1993
- Property Type
- Townhouse
- MLS #
- R11059764
- Property Tax
- $4,868 (2024)
- HOA Fees
- $237 / Monthly
- Subdivision
- Lakes by the Bay
- County
- Miami Dade
- Status
- Sold
About This Property
Wonderful 2 bedroom, 2 bathroom townhome at Lakes by the Bay in Windy Pointe in desirable Cutler Bay. Low HOA dues and taxes. Just finished putting on a brand new roof and warranty is transferable. The interior is open and spacious with high ceilings and an abundance of natural light. Fenced backyard with a storage room. This highly desirable community is always clean and well maintained with a beautiful pool and clubhouse. Enjoy the privacy of having no rear neighbors. Showings must be with at least 24 hours notice. Elderly tenant needs notice.
MLS media linkGeneral Features
- Property Type
- Townhouse
- Status
- Sold
- Year Built
- 1993
- Property Condition
- Resale
- Number of Stories
- 1
- Levels
- One
- Garage Spaces
- 0
- Parking
- Assigned
- Direction Faces
- East
- Living Sq Ft
- 1,172
- Total Sq Ft
- 1,172
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- 3002 MULTI-FAMI
Interior Features
- Appliances
- Dryer / Dishwasher / Electric Range / Free Standing Freezer / Disposal / Microwave / Refrigerator / Washer
- Cooling
- Central Air / Electric
- Heating
- Central / Electric
- Interior Features
- Breakfast Area / Cathedral Ceilings / Main Level Primary / Vaulted Ceilings
- Laundry
- Inside / Laundry Closet
- Main Level Bedrooms
- 2
- Main Level Baths
- 2
- Furnished
- Unfurnished
Exterior Features
- Construction
- Block
- Pool Features
- Association
- Waterfront Features
- None
Community & HOA
- HOA Fee
- $237 / Monthly
- Association Amenities
- Clubhouse / Pool
- Community Features
- Home Owners Association
- Utilities
- Cable Available / Sewer Available / Water Available
- Pets Allowed
- No Pet Restrictions / Yes
- Financing Terms
- Cash / Conventional
- MLS Area
- 2600
About the Community
Lakes By The Bay Sec 5 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 $475,000 to $515,000. At least one resident per home must be 55 or older. Pure Equity lists homes in Lakes By The Bay and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.
- Homes for Sale
- 13
- Under Contract
- 4
- Median List Price
- $515,000
- Median Sale Price (September)
- $475,000
- Median $/Sq Ft
- $358
- Avg Days on Market
- 92
Frequently Asked Questions
- How do I schedule a tour of 21545 SW 87 Court, Cutler Bay, FL 33189?
- Use the Tour button on this listing to request a showing of 21545 SW 87 Court, Cutler Bay, FL 33189. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 21545 SW 87 Court, Cutler Bay, FL 33189 still available?
- 21545 SW 87 Court, Cutler Bay, FL 33189 is currently listed as Sold, and has been on the market 300 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 21545 SW 87 Court, Cutler Bay, FL 33189?
- With 20% down ($84,000) on the $420,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 21545 SW 87 Court, Cutler Bay, FL 33189 is about $2,207/mo, before property taxes, insurance, and HOA dues. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 21545 SW 87 Court, Cutler Bay, FL 33189?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 21545 SW 87 Court, Cutler Bay, FL 33189. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- Does 21545 SW 87 Court, Cutler Bay, FL 33189 have an HOA fee?
- Yes: 21545 SW 87 Court, Cutler Bay, FL 33189 carries an HOA fee of about $237 monthly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
- Can I negotiate the price of 21545 SW 87 Court, Cutler Bay, FL 33189?
- Often, yes. The right offer on 21545 SW 87 Court, Cutler Bay, FL 33189 depends on how it's priced against comparable townhouse sales in Cutler Bay, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of Douglas Elliman
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated July 1, 2026.
$400,000
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Listed by Jeffrey Stephen Wilson, Douglas Elliman
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Recent Sales
Recently sold homes in Lakes By The Bay
These are the last 6 recorded closings in Lakes By The Bay, with the price each home actually sold for rather than what it was listed at. They closed at a median of $319 per square foot. The most recent closed on October 13, 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$335,000
Sold · October 13, 2026
22101 SW 100th Place
2 bed · 2 bath · 1,136 sqft · $295/sqft
$15,000 under the asking price
Sold$525,000
Sold · September 23, 2026
9162 SW 213th Lane
3 bed · 2.5 bath · 1,648 sqft · $319/sqft
$25,000 under the asking price
Sold$465,500
Sold · September 8, 2026
10001 SW 218th Street
3 bed · 2 bath · 1,425 sqft · $327/sqft
$4,000 under the asking price
Sold$475,000
Sold · September 3, 2026
22256 SW 89th Court
3 bed · 2.5 bath · 1,812 sqft · $262/sqft
$9,000 under the asking price
Sold$495,000
Sold · August 18, 2026
10003 SW 223rd Terrace
4 bed · 2 bath · 1,626 sqft · $304/sqft
Sold$599,999
Sold · August 11, 2026
21462 SW 91st Avenue
4 bed · 2 bath · 1,561 sqft · $384/sqft
See every recorded sale in Lakes By The Bay or find out what your Lakes By The Bay home is worth.
