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$640,000

Beds
5
Baths
3.0
sq ft
1,420

9570 Jamaica Dr, Cutler Bay, FL 33189

9570 Jamaica Dr

Cutler Bay, FL 33189

  • 19 days on market
Explore this newly remodeled four-bedroom, two-bathroom home, ideal for anyone. Featuring a 2019 roof for long-term peace of mind, this property blends modern comforts with key upgrades. Adding to its appeal, a separate studio on the premises generates $1,400 monthly income, providing substantial financial relief that can significantly offset your mortgage payments. This self-contained unit presents an excellent rental opportunity or a convenient living solution for extended family, ensuring privacy and independence. Also, the plumbing was updated in 2023. Seize this unique opportunity to own a home that not only meets your living needs but also supports your financial goals with its lucrative rental income. Ideal for buyers looking for a primary residence with an income-producing asset.

Details

Property type

Single Family Residence

Est. home value

$518,636

Lot size

8,250 sq ft

Price per sq ft

$451

Year built

1955

Annual property taxes

$7,245

Price History

02/14/2025
SEF

SEF #A11741882

Listed
$640,000
+21.9%
08/30/2023
SEF

SEF #A11403783

Sold
$525,000

Schools & Community

Elementary school: 

Cutler Ridge

Middle school: 

Cutler Bay

High school: 

Miami Southridge

Community features: 

Street Lights, Sidewalks

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Florida Housing Finance Corp

Loan start date

August 2023

Original loan amount

$24,938

Est. remaining balance

Not provided

Interest rate

6.96%

Loan type

Stand Alone Second

Seller

Reinaldo Betancourt

Lender

Florida Housing Finance Corp

Loan start date

August 2023

Original loan amount

$24,938

Est. remaining balance

Not provided

Interest rate

6.96%

Loan type

Stand Alone Second

Seller

Reinaldo Betancourt

Lender

United Wholesale Mortgage

Loan start date

August 2023

Original loan amount

$498,750

Est. remaining balance

$490,731

Interest rate

6.81%

Loan type

New Conventional, 30 year

Seller

Reinaldo Betancourt

Lender

United Wholesale Mortgage

Loan start date

August 2023

Original loan amount

$498,750

Est. remaining balance

$490,731

Interest rate

6.81%

Loan type

New Conventional, 30 year

Seller

Reinaldo Betancourt

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 03/06/2025 at 3:50 AM

Listing updated: 03/03/2025 at 2:00 PM

Listed by: Suamy Saavedra, SABIZ, Inc. Phone #: (786) 600-0432

MLS: SEF #A11741882

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