Cutler Cay Homes for Sale

Cutler Cay is a community in Cutler Bay, Miami-Dade County, Florida. Active listings are priced from $840,000 to $2,200,000. Homes were built between 2004 and 2007. Pure Equity lists homes in Cutler Cay and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.

Pure Equity Realty covers Cutler Cay and the Cutler Bay area. We list for 1%, which includes photography, MLS syndication, and negotiation support. Buyers pay nothing for representation. For current market data, see Florida Realtors' market statistics.

Our MLS feed shows 18 Cutler Cay Cutler Bay homes for sale as of October 2026. The median asking price is $1.14M. Asking prices run from $769,000 to $2.2M.

That is 91% above the Cutler Bay median of $599,000. On a per-foot basis, homes here ask about $269 per square foot, compared with $323 across Cutler Bay. So the median price buys roughly 4,250 square feet of living area.

Listings here have averaged 73 days on the market. That tracks the Cutler Bay average of 90 days, so pricing and terms follow the wider city market.

Homes listed in Cutler Cay date from 2004 to 2007. That puts them between 19 and 22 years old.

Every one of these homes went up after Florida adopted its statewide building code in 2002. In practice, that usually means impact-rated openings and stronger roof attachment. A wind mitigation inspection documents those features, and Florida insurers must offer premium discounts for them.

Rentals in Cutler Cay have a median asking rent of $8,000 per month, across 3 active rental listings. For comparison, the Cutler Bay median is $2,400, so rents here run 233% higher.

For investors, those medians imply a gross yield near 8.4% a year. However, that figure comes before HOA dues, property tax, insurance and vacancy. Also check the association documents first, because many Florida HOAs cap leases or set minimum terms.

You can browse current Cutler Bay rentals or ask us for a rent estimate on a specific Cutler Cay home.

Here is what the median Cutler Cay price means in Florida closing terms. At $1.14M, a 20% down payment comes to about $228,000, leaving a loan near $914,000.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $3,198. Next, the intangible tax of 0.2% adds about $1,827. Buyers normally pay both at closing.

On the seller side, Miami-Dade charges deed stamps of 60 cents per $100 on a single-family home, about $6,852 at this price. Condos and other property types pay a higher rate.

Finally, owner-occupants should file for the Florida homestead exemption by March 1. It removes up to $50,000 of assessed value. After that, Save Our Homes caps yearly assessment increases at 3% or inflation, whichever is lower. To see what these numbers mean for your budget, get pre-approved before you tour.

Recent Cutler Cay listings show assignments to Dr. Edward L. Whigham (elementary), Cutler Bay Middle (middle) and Miami Southridge (high). However, boundaries can change each year, so confirm the assignment for a specific address with Miami-Dade County Public Schools.