Cutler Bay Condos for Sale under $500K

52 listings
Talk to a local agent

Looking at Cutler Bay Condos for Sale under $500K?

Tell us what you're after — we'll send matching homes, off-market options and recent sales, and set up private showings.

Matthew Gromadzki, Real Estate Broker
Matthew Gromadzki
Real Estate Broker
(786) 370-8570
Send a message

We reply the same day.

By submitting you agree to be contacted about your inquiry. No spam, ever.

Live MLS inventory in Cutler Bay, updated continuously. Florida Lux Real Estate currently tracks 52 active listings here. MLS inventory updated November 2, 2026.

Condos for Sale under $500K in Cutler Bay: What to Know Before You Search

Cutler Bay is South Dade's value proposition — an incorporated town of gated communities and lakefront subdivisions where newer single-family homes come in well under the urban core, with the Southland corridor bringing in retail and jobs.

Under $500K is the entry to the Cutler Bay condo market — a segment that rewards knowing where the value actually sits. Known for newer gated communities at South Dade's most reachable prices, Cutler Bay at this ceiling is a trade-off between address, age and dues: an older building on a great block, a smaller plan in a newer tower, or more space a few minutes off the prime grid. This page keeps every Cutler Bay condo beneath $500K in one view so the best of them doesn't slip past.

Cutler Bay Market Snapshot

505
Homes sold, last 12 months
$585K
Median sale price
46 days
Median time on market

Frequently Asked Questions

What kind of condo does $500K buy in Cutler Bay?

The honest inventory is on this page and it shifts monthly — generally a one- or two-bedroom, with the trade-offs landing on building age, floor, view or location. We're candid about which listings are priced low for a fixable reason and which for a structural one.

Will association dues eat into a sub-$500K budget in Cutler Bay?

They can, and it's the number to watch at this tier — a low price with high dues can cost more each month than a higher price with light ones. We fold dues, insurance and reserves into a true monthly figure before you offer.

How do I arrange a showing in Cutler Bay?

Each listing on this page carries an inquiry form that goes straight to our brokerage — or reach us at +1 786-370-8570. We schedule private tours to fit your calendar and run live video walkthroughs for buyers relocating from out of state, with no obligation attached.

Discover Your Perfect Home

Condos for Sale under $500K in Nearby Cities
Show more (7)
Select Property Type
Show more (1)
Cutler Bay Condos for Sale by Type & Price
Bedroom Size Homes in Cutler Bay
Show more (1)
Homes by Price in Cutler Bay
Show more (5)
Lifestyle & New in Cutler Bay
Rentals in Cutler Bay
Homes Nearby Cutler Bay: Neighborhoods
Show more (10)
Homes Nearby Cutler Bay: Cities
Show more (10)
Homes Nearby Cutler Bay: ZIP Codes
Show more (10)