Saga Bay Sec 1 Pt Homes for Sale

Saga Bay Sec 1 Pt is a residential community in Cutler Bay, Florida. Active listings are currently priced from $699K–$700K.

Pure Equity Realty covers Saga Bay Sec 1 Pt 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 Saga Bay Sec 1 Pt Cutler Bay homes for sale as of October 2026. The median asking price is $699,000. Asking prices run from $699,000 to $700,000.

That is 17% above the Cutler Bay median of $599,000. On a per-foot basis, homes here ask about $347 per square foot, compared with $322 across Cutler Bay. So the median price buys roughly 2,000 square feet of living area.

Listings here have averaged 5 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 Saga Bay Sec 1 Pt date from 1975 to 1986. That puts them between 40 and 51 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.

Here is what the median Saga Bay Sec 1 Pt price means in Florida closing terms. At $699,000, a 20% down payment comes to about $140,000, leaving a loan near $559,000.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $1,957. Next, the intangible tax of 0.2% adds about $1,118. 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 $4,194 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 Sec 1 Pt 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.