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Condos for Sale in Lakes by the Bay, Cutler Bay

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Overview
Market Summary
1 Bedroom Condos
2 Bedroom Condos
3+ Bedroom Condos
Pet-Friendly Condos
Fitness & Wellness Condos
Condos with Stunning Views
Neighbourhood
Demographics

About Lakes by the Bay

Lakes by the Bay is in Cutler Bay, FL, within the Miami-Fort Lauderdale-Pompano Beach metro area. The area sits in Cutler Bay and lies in the state of Florida. The area includes defined residential unit types and published size ranges. Units with 1–3 bedrooms (one-bedroom 746.0 - 746.0 sq ft, two-bedroom 809.0 - 1290.0 sq ft, three-plus 1032.0 - 1523.0 sq ft) fit a range of needs. The area lists its city, metro area, and state for clear location reference.

Lakes by the Bay Market Summary

The condo mix runs from luxury high-rises to restored mid-rises, many with bay or ocean views, concierge, pools, and fitness centers.

Average Condo Sizes

1 Bedroom avg size746 sqft

2 Bedroom avg size942.29 sqft

3 Bedroom avg size1332.8 sqft

Pricing and Liquidity

No price and liquidity data available.

1 Bedroom Condos

AVG PPSF$328.42 /sqft

AVG SOLD PRICE$245,000

AVG DAYS ON MARKET74 Days

Lakes by the Bay in Cutler Bay is part of the Miami-Fort Lauderdale-Pompano Beach metro. 1-bed condos there average 746 sq ft and carry an average price of $245,000. That equals about $328 per sq ft, and units typically remain on market 74 days.

Featured Buildings

20930 Sw 87th Ave

20930 SW 87TH AVE,MIAMI,FL

0 unit available

21000 Sw 87th Ave

21000 SW 87TH AVE,CUTLER BAY,FL

1 unit available

Breeze Of Galloway

21000 SW 87 AVE,CUTLER BAY,FL

1 unit available

View 1-Bedroom Condos

2 Bedroom Condos

AVG PPSF$310.07 /sqft

AVG SOLD PRICE$286,892.86

AVG DAYS ON MARKET107 Days

Lakes by the Bay in Cutler Bay lies in the Miami‑Fort Lauderdale‑Pompano Beach metro. 2-bed condos range from 809 to 1,290 sq ft and include several floor-plan sizes. The average 2-bed price is $286,893. The average price per square foot for 2-bed condos is $310 ppsf. The average days on market for 2-bed condos is 107 days. Public parks and green space are part of the neighborhood. Residential streets circle small lakes, and local retail and community facilities sit close to the housing.

Featured Buildings

21130 Sw 87th Ave

21130 SW 87TH AVE,CUTLER BAY,FL

1 unit available

22541 Sw 88th Pl

22541 SW 88TH PL,CUTLER BAY,FL

0 unit available

9011 Sw 227th St

9011 SW 227TH ST,CUTLER BAY,FL

1 unit available

View 2-Bedroom Condos

3+ Bedroom Condos

AVG PPSF$253.85 /sqft

AVG SOLD PRICE$334,320

AVG DAYS ON MARKET221 Days

3-bed condos in Lakes by the Bay range from 1,032 sq ft to 1,523 sq ft, offering a mix of floor plans. The average sale price for a 3-bed is $334,320, and space is valued at about $254 per sq ft. These units spend about 221 days on the market on average, showing the local sales pace. Lakes by the Bay sits in Cutler Bay within the Miami-Fort Lauderdale-Pompano Beach metro. The neighborhood includes parks, open green space, shoreline access, and streets that link to regional roads.

Featured Buildings

9229 Sw 227th St

9229 SW 227TH ST,CUTLER BAY,FL

0 unit available

9123 Sw 227th St

9123 SW 227TH ST,CUTLER BAY,FL

0 unit available

9133 Sw 227th St

9133 SW 227TH ST,CUTLER BAY,FL

0 unit available

View 3+ Bedroom Condos

Pet-Friendly Condos

Unable to find pet-friendly condos in Lakes by the Bay.

Visit the search page to set up an email alert to be notified of new pet-friendly condos listings or contact a HelloCondo agent for off-market listings.

Fitness & Wellness Condos

AVG PPSF$289.93 /sqft

AVG SOLD PRICE$302,281.82

AVG DAYS ON MARKET156 Days

Lakes by the Bay fitness and wellness Condos sell near $302,282, trade at $290 per sq ft, and stay on the market 156 days before closing. The neighborhood centers on Lakes by the Bay Park, a waterfront green space with trails and picnic spots. Daily needs and shops cluster at Cutler Bay Town Center. Local students attend Cutler Bay High School. US-1 provides access, the main highway used to reach Miami and the Florida Keys. Streets are calm and have mature trees near homes.

Featured Buildings

9219 Sw 227th St

9219 SW 227TH ST,CUTLER BAY,FL

1 unit available

22511 Sw 88th Pl

22511 SW 88TH PL,CUTLER BAY,FL

1 unit available

22921 Sw 88th Pl

22921 SW 88TH PL,CUTLER BAY,FL

0 unit available

View Fitness & Wellness Condos

Stunning Views Condos

AVG PPSF$294.38 /sqft

AVG SOLD PRICE$296,227.27

AVG DAYS ON MARKET146 Days

Featured Buildings

22421 Sw 88th Pl

22421 SW 88TH PL,CUTLER BAY,FL

0 unit available

21100 Sw 87th Ave

21100 SW 87TH AVE,CUTLER BAY,FL

0 unit available

22701 Sw 88th Pl

22701 SW 88TH PL,CUTLER BAY,FL

0 unit available

View Condos with Stunning Condos

The Neighbourhood: Lakes by the Bay

Lakes by the Bay, nestled in Miami-Dade County, offers a blend of suburban comfort and natural beauty with its many parks and waterways. The neighborhood presents a family-friendly atmosphere with great schools and community amenities, including sports facilities and walking trails. Residents enjoy proximity to Biscayne National Park, perfect for outdoor enthusiasts and nature lovers. Shopping and dining options are conveniently located nearby, ensuring all daily needs are met. Commuting is straightforward with easy access to major highways and public transportation routes, making it an ideal spot for both working professionals and families.

Demographics

Average Resident age36 years old

Average household Income$71,317 /year

Average HouseHold Composition3 People

What to know about Lakes by the Bay demographics:

Most common completed education: High school — approximately 25.73% of residents report this level of education, indicating a community with solid foundational qualifications well suited for entry-level and mid-career homeowners.
Average age: ~36 years — a relatively young, active population; the largest cohort is 35 to 39, making the area appealing to young professionals and first-time buyers.

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Frequently Asked Questions about Lakes by the Bay

What is it like to live in Lakes by the Bay, Cutler Bay, FL?

Lakes by the Bay is a primarily suburban, residential neighborhood in Cutler Bay with predominantly single-family homes and local parks. Infrastructure offers road access via US‑1, county bus routes for transit, and municipal services provided by the Town of Cutler Bay with public safety handled under contract by Miami‑Dade County agencies. The area has a humid subtropical climate with hot, humid summers, mild winters, and exposure to hurricane season and coastal flood risk due to proximity to Biscayne Bay and low-lying terrain. Housing stock and costs vary; consult current real estate listings or county records for up-to-date price and safety statistics.

Is Lakes by the Bay, Cutler Bay, FL expensive?

Lakes by the Bay in Cutler Bay is generally more affordable than many central Miami and coastal neighborhoods, with housing and rental costs typically below Miami‑Dade County averages. Prices have risen in recent years in line with regional market trends, but the area still offers relatively moderate single‑family home and rental options. For precise, current pricing check local MLS listings or Miami‑Dade County housing data.

What is the weather of Lakes by the Bay, Cutler Bay, FL?

The area has a tropical monsoon climate with hot, humid summers and warm, drier winters. Summers (June–September) feature frequent afternoon thunderstorms, heavy rainfall and daytime highs typically 88–92°F (31–33°C); hurricane season runs June–November with peak risk in August–September. Winters are mild and drier with daytime highs around 70–76°F (21–24°C) and lows near 60–65°F (15–18°C); snow does not occur. Annual rainfall is roughly 60–65 inches, and coastal sea breezes moderate temperatures while contributing to humidity and localized flooding risk during storms.

How safe is Lakes by the Bay, Cutler Bay, FL?

As of 2025 there are no standalone official crime statistics published specifically for Lakes by the Bay; safety is assessed using Cutler Bay and Miami‑Dade County data. County crime maps and Miami‑Dade Police Department reports show neighborhood-level variation, with property crimes more commonly reported than violent crimes in many parts of Cutler Bay. For current, verifiable information consult Miami‑Dade County crime-mapping tools, Cutler Bay police bulletins (or Miami‑Dade PD reports), and local neighborhood-watch resources.