FLORIDA LUXReal Estate

Cutler Bay Condos for Sale under $500K

Live MLS inventory in Cutler Bay, updated continuously.

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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

504
Homes sold, last 12 months
$585K
Median sale price
45 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.

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