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25123 SW 118th Place, Cutler Bay, FL 33032
Under Contract
335 Days on Market
Virtual Tour
1 / 30
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All Listings

$587,000

25123 SW 118th Place

Cutler Bay, FL 33032

HEMINGWAY POINT

Explore the area: Cutler Bay homes for sale · Miami Dade County real estate

How this price compares

Asking price
$587,000
Price per sq ft
$321
Original price
$600,000
Days on market
335

This 4-bedroom single-family home in ZIP 33032 went under contract with an asking price of $587,000, or $321 per square foot. The asking price has come down 2.2% from its original $600,000. It spent 335 days on the market before going under contract.

4
Bedrooms
3
Bathrooms
1,829
Living Sq Ft
2016
Year Built

Estimated monthly payment

$3,085 /mo

Principal and interest only, based on $117,400 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $80/mo HOA are not included.

Customize this estimate

Listing Snapshot

Price
$587,000
Days on Site
335 Days
Bedrooms
4
Total Baths
3
Full Baths
2
Partial Baths
1
Living Area
1,829 sqft
Year Built
2016
Property Type
Single Family
MLS #
F10527403
Property Tax
$9,299 (2024)
HOA Fees
$80 / Monthly
Subdivision
HEMINGWAY POINT
Development
HEMINGWAY POINT
County
Miami Dade
Status
Under Contract

About This Property

Beautiful 4-bedroom, 2-bath home offering over 2,200 sq ft in the desirable Hemingway Point community of Cutler Bay. This residence features a spacious kitchen with wood cabinetry, granite countertops, stainless steel appliances, and an open layout perfect for entertaining. Enjoy a private backyard ideal for gatherings and relaxing South Florida evenings. Just minutes from Black Point Marina and boat ramps—perfect for boating, fishing, and waterfront dining at the famous Black Point Ocean Grill. Conveniently located near the Florida Turnpike for easy access to Miami, Coral Gables, and the Florida Keys. Close to parks, scenic Biscayne Bay, shopping, restaurants, and top-rated schools. A rare opportunity to enjoy the ultimate South Florida lifestyle in a prime location.

MLS media link

General Features

Property Type
Single Family
Status
Under Contract
Year Built
2016
Property Condition
Resale
Number of Stories
1
Levels
One
Garage Spaces
2
Parking
Driveway / Garage / Garage Door Opener / Guest
Direction Faces
West
Living Sq Ft
1,829
Sewer
Public Sewer
Water Source
Public
Zoning
0102

Interior Features

Appliances
Dryer / Dishwasher / Electric Range / Disposal / Microwave / Refrigerator / Washer
Cooling
Central Air
Heating
Central
Flooring
Carpet / Other / Tile
Interior Features
Bedroom On Main Level / Kitchen Island / Other
Main Level Bedrooms
4
Main Level Baths
2
Total Rooms
3

Exterior Features

Construction
Block / Other
Roof
Barrel
Exterior Features
Outdoor Living Area / Other / Room For Pool
Pool Features
Association
Patio & Porch
Patio
Lot Features
Less Than Quarter Acre
View
Other

Community & HOA

HOA Fee
$80 / Monthly
Association Amenities
Maintenance / Other / Pool
Community Features
Home Owners Association
Utilities
Cable Available
Pets Allowed
No Pet Restrictions / Yes
Financing Terms
Cash / Conventional / FHA / Va Loan
Restrictions
Other Restrictions
MLS Area
2690

Schools

Elementary School
Coconut Palm K-8 Academy
High School
Homestead

Browse Cutler Bay homes for sale across every neighborhood and price point in Miami-Dade. Available homes span single-family, townhome, and condo segments throughout the city. Cutler Bay includes gated golf communities, 55+ active adult neighborhoods, waterfront estates, and newer master-planned subdivisions. HOA fees vary by community type, from modest maintenance fees in non-gated subdivisions to higher dues in full-amenity country clubs. The city sits within Miami-Dade, offering access to South Florida beaches, major employment centers, and healthcare hubs. For current Miami-Dade market data, see Florida Realtors' monthly statistics. Browse the latest Cutler Bay listings below. Then connect with a Pure Equity agent to schedule a private showing.

Homes for Sale
275
Under Contract
73
Median List Price
$599,000
Median Sale Price (September)
$555,000
Median $/Sq Ft
$323
Avg Days on Market
90
View all 275 homes for sale in Cutler Bay →
How do I schedule a tour of 25123 SW 118th Place, Cutler Bay, FL 33032?
Use the Tour button on this listing to request a showing of 25123 SW 118th Place, Cutler Bay, FL 33032. 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 25123 SW 118th Place, Cutler Bay, FL 33032 still available?
25123 SW 118th Place, Cutler Bay, FL 33032 is currently listed as Under Contract, and has been on the market 335 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 25123 SW 118th Place, Cutler Bay, FL 33032?
With 20% down ($117,400) on the $587,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 25123 SW 118th Place, Cutler Bay, FL 33032 is about $3,085/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 25123 SW 118th Place, Cutler Bay, FL 33032?
Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 25123 SW 118th Place, Cutler Bay, FL 33032. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
Does 25123 SW 118th Place, Cutler Bay, FL 33032 have an HOA fee?
Yes: 25123 SW 118th Place, Cutler Bay, FL 33032 carries an HOA fee of about $80 monthly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
What schools serve 25123 SW 118th Place, Cutler Bay, FL 33032?
25123 SW 118th Place, Cutler Bay, FL 33032 is zoned for Coconut Palm K-8 Academy (elementary), Homestead (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
Can I negotiate the price of 25123 SW 118th Place, Cutler Bay, FL 33032?
Often, yes. The right offer on 25123 SW 118th Place, Cutler Bay, FL 33032 depends on how it's priced against comparable single family 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 Real Estate Factory of S. FL.

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 June 23, 2026.

$587,000

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Listed by Dustin Fealy, Real Estate Factory of S. FL.

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