Lakes by the Bay Day Homes for Sale

Lakes by the Bay Day is a residential community in Cutler Bay, Florida. Active listings are currently priced from $660K–$850K.

Pure Equity Realty covers Lakes by the Bay Day 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 3 Lakes by the Bay Day Cutler Bay homes for sale as of October 2026. The median asking price is $665,000. Asking prices run from $620,000 to $675,000.

That is 11% above the Cutler Bay median of $599,000. On a per-foot basis, homes here ask about $232 per square foot, compared with $323 across Cutler Bay. So the median price buys roughly 2,850 square feet of living area.

Listings here have averaged 28 days on the market. That is faster than the Cutler Bay average of 90 days. As a result, buyers here should be ready to write an offer soon after a showing.

Homes listed in Lakes by the Bay Day date from 2006, so they are about 20 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.

Here is what the median Lakes by the Bay Day price means in Florida closing terms. At $665,000, a 20% down payment comes to about $133,000, leaving a loan near $532,000.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $1,862. Next, the intangible tax of 0.2% adds about $1,064. 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 $3,990 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 Lakes by the Bay Day 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.