Coral Gables Market Update: Old Cutler Bay

Old Cutler Bay is a special neighborhood in Coral Gables filled with 136 homes, all waterfront with bay access and no bridges, generally on half acre lots. It sits directly between two of the most prestigious communities in South Florida: Gables Estates and Journey’s End. Old Cutler Bay has its own prestige, but you tend to find somewhat smaller lots than those other communities and there’s no mandatory association, so it lends the same prime location without the same sticker price. The neighborhood has seen a TON of activity in the past 6 months with 7 homes sold, 2 pending sale, and only 6 active on the market! Based on the sales, the average selling price per square foot is $682.88. Current prices range from $3.45 million to $7.795 million. Interested in buying a waterfront home in a fabulous community? I’d love to show you what’s available in Old Cutler Bay!