Saga Bay Townhomes Homes for Sale

Saga Bay Townhomes is a community in Cutler Bay, Miami-Dade County, Florida. Active listings are priced from $397,000 to $429,000. Homes were built between 1991 and 1995. Pure Equity lists homes in Saga Bay Townhomes 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 Saga Bay Townhomes 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 Townhomes Cutler Bay homes for sale as of October 2026. The median asking price is $404,000. Asking prices run from $378,000 to $450,000.

That is 33% below the Cutler Bay median of $600,000. On a per-foot basis, homes here ask about $313 per square foot, roughly in line with the city at $323. So the median price buys roughly 1,300 square feet of living area.

Listings here have averaged 93 days on the market. That tracks the Cutler Bay average of 100 days, so pricing and terms follow the wider city market.

Homes listed in Saga Bay Townhomes date from 1991 to 1995. That puts them between 31 and 35 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.

Rentals in Saga Bay Townhomes have a median asking rent of $2,448 per month, across 4 active rental listings. That is close to the Cutler Bay median of $2,350.

For investors, those medians imply a gross yield near 7.3% 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 Townhomes home.

Here is what the median Saga Bay Townhomes price means in Florida closing terms. At $404,000, a 20% down payment comes to about $81,000, leaving a loan near $323,000.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $1,130. Next, the intangible tax of 0.2% adds about $646. 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 $2,421 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 Townhomes 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.