Explore available listings and evaluate market performance.
Cutler Bay, FL Investment Data and Rental Metrics
Investment Data & Rental Metrics
LTR & STR financial performance, market growth indicators, and school ratings.
LTR Financial Performance
Median Price
LTR Rent
$2,819
Monthly Cash Flow
-$546
Principal + Equity
$4,818
Annual Total Gain
$51,261
Cash on Cash
-4.64%
Net ROI %
STR Financial Performance
Median Price
Avg. Daily Rate
$275
Occupancy Rate
68%
Monthly Revenue
$3,995
Monthly Cash Flow
$31
Principal + Equity
$4,818
Annual Total Gain
$58,182
Cash on Cash %
0.26%
Net ROI %
Market Health & Growth
Median Income
$82,155
Population
44,483
LTR Renter %
30.42%
Forecast (1 yr)
2.05%
Appreciation (1 yr)
-2.46%
Appreciation (5 yr)
66.15%
Appreciation (10 yr)
143.77%
Job Growth
1.18%
LTR Rentability
Moderate
STR Demand
85
STR Rentals
107
Top Public Schools
ASchool for Advanced Studies - Homestead
ASchool for Advanced Studies - North
A
A
A
Market Grades and Information
Best Places to Live Ranking
Public school quality, cost of living, commute, and lifestyle ratings.
B
Overall
Top-level market grade
Most Diverse Suburbs in Florida
#131out of 380 markets
Best Suburbs to Raise a Family in Florida
#181out of 380 markets
Suburbs with the Best Public Schools in Florida
#157out of 380 markets
B
Public School
C
Crime And Safety
D
Housing
B-
Nightlife
B
Good For Families
Diversity
Jobs
Weather
Cost Of Living
Health And Fitness
Outdoor Activities
Commute
Short-Term Rental (STR) Regulations
Local rules and guidelines for operating short-term rentals in Cutler Bay, FL.
In Cutler Bay, FL, Short Term Rentals (STRs) are regulated by the local government to ensure the safety and well-being of residents and visitors. Here are some key regulations that an investor should be aware of before investing in purchasing a property for Short Term Rental in Cutler Bay:
1. Zoning Regulations: Cutler Bay has specific zoning regulations that dictate where Short Term Rentals are allowed to operate. Investors should check the zoning laws in the area they are considering investing in to ensure that Short Term Rentals are permitted.
2. Licensing and Registration: Short Term Rental hosts in Cutler Bay are required to obtain a business tax receipt and register their property with the local government. Investors should be aware of the licensing and registration requirements before purchasing a property for Short Term Rental.
3. Occupancy Limits: Cutler Bay has occupancy limits for Short Term Rentals to prevent overcrowding and ensure the safety of guests. Investors should be aware of these limits and ensure that their property complies with them.
4. Noise and Nuisance Regulations: Cutler Bay has noise and nuisance regulations in place to address complaints from neighbors about disruptive behavior at Short Term Rental properties. Investors should be aware of these regulations and take steps to ensure that their guests are respectful of the community.
5. Taxation: Short Term Rental hosts in Cutler Bay are required to collect and remit taxes on rental income. Investors should be aware of the tax obligations associated with operating a Short Term Rental property in Cutler Bay.
By being aware of and complying with these regulations, investors can ensure that their Short Term Rental property in Cutler Bay operates smoothly and successfully. It is important to conduct thorough research and due diligence before investing in a property for Short Term Rental to avoid any potential legal issues or compliance issues.
Market Trends Over Time
Explore 25 years of market data for Cutler Bay, FL, including median property prices, long-term rental rates, and days on market — identify growth potential and gauge market stability.
Median Price
Median Rent
Days on Market
Nearest Markets
Explore nearby investment markets close to Cutler Bay, FL.
The LTR Genie Score of Cutler Bay, FL is 70 and STR Genie Score is 88, indicating a moderate and high rating respectively. The LTR Rentability is moderate, which may be due to the relatively low LTR Rent Growth Rate of 0.0655%. However, the LTR Net ROI of 36.32% suggests a strong return on investment for long-term rentals. On the other hand, the high STR Genie Score of 88 is likely influenced by the STR Net ROI of 41.22% and the STR Occupancy rate of 68.0, indicating a lucrative market for short-term rentals.
Cutler Bay, FL is a suburban town located in Miami-Dade County, known for its family-friendly atmosphere and proximity to major highways and shopping centers. The town offers a mix of residential properties, making it an attractive location for real estate investors looking to capitalize on both long-term and short-term rental opportunities.
Considering the high STR Genie Score and strong metrics for short-term rentals, Cutler Bay, FL appears to be a promising market for investors interested in short-term rental properties. With a forecasted 1-Year Price Appreciation of 2.05%, investors may also see potential for long-term growth in property values. Overall, Cutler Bay, FL presents opportunities for both long-term and short-term rental investments, making it a versatile market for real estate investors to explore.