Saga Bay Gardens Homes for Sale

Saga Bay Gardens is a residential community in Cutler Bay, Florida. Active listings are currently priced from $170K–$295K.

Pure Equity Realty covers Saga Bay Gardens 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 6 Saga Bay Gardens Cutler Bay homes for sale as of October 2026. The median asking price is $215,000. Asking prices run from $170,000 to $295,000.

That is 64% below the Cutler Bay median of $599,000. On a per-foot basis, homes here ask about $245 per square foot, compared with $323 across Cutler Bay. So the median price buys roughly 900 square feet of living area.

Listings here have averaged 227 days on the market. That is slower than the Cutler Bay average of 90 days. Because of that, buyers often have more room to negotiate on price, repairs or closing costs.

Homes listed in Saga Bay Gardens date from 1988, so they are about 38 years old.

All of these homes predate Florida's 2002 statewide building code. So roof age, window protection and the wind mitigation report matter a great deal for insurance.

In addition, most Florida insurers ask for a four-point inspection on homes 30 years or older. It covers the roof, electrical, plumbing and HVAC. Updated systems usually make coverage easier to place.

Condo buyers should also know Florida's 2022 condo safety law. It requires milestone structural inspections for buildings three stories or taller as they age. It also requires a structural integrity reserve study. Before you sign, request both reports and the current reserve balance.

Saga Bay Gardens is a condo building. Also request the association budget, recent minutes and any special assessments before you sign.

Rentals in Saga Bay Gardens have a median asking rent of $1,800 per month, across 8 active rental listings. For comparison, the Cutler Bay median is $2,400, so rents here run 25% lower.

For investors, those medians imply a gross yield near 10.0% 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 Saga Bay Gardens home.

Here is what the median Saga Bay Gardens price means in Florida closing terms. At $215,000, a 20% down payment comes to about $43,000, leaving a loan near $172,000.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $602. Next, the intangible tax of 0.2% adds about $344. 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 $1,290 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 Saga Bay Gardens 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.