Old Cutler Bay
Old Cutler Bay is one of the most coveted waterfront communities in Miami, offering easy access to the Atlantic Ocean through wide winding canals. With only around 136 homes, this gated community offers the utmost privacy and security while providing great access to world class shopping, dining, and entertainment.
Old Cutler Bay is on the southern part of Coral Gables in Miami-Dade County and sits west of Biscayne Bay. The community is near Pinecrest, South Miami, downtown Coral Gables, and Coconut Grove.
Real Estate Community in Old Cutler Bay
Average Land Area/House Square Feet
The exclusive gated community of Old Cutler Bay features homes with square footages of around 4,000 to over 8,000 and one-third to one-half acre lots.
Common Property Types or House Styles
Old Cutler Bay real estate is composed of luxurious single-family homes with four to eight bedrooms. Most homes have waterfront access and come with private docks and decks .
Average Market Pricing
Prices of homes for sale in Old Cutler Bay range from around $4.4 million to $14 million and up.
Common Design, Construction, or Architectural Types
Just like the rest of Coral Gables, Old Cutler Bay is known for its lavish estates with impeccable landscaping. Homes come with distinctive architecture in various styles, including Classic Miami minimalist, contemporary, Mediterranean Revival, and more.
Dan Hughes of retail brokerage Metro Commercial acquired a $10.4-million waterfront estate in Old Cutler Bay, considered one of the most expensive sales to date. It is a 8,300-square-foot mansion on a 22,329-square-foot lot. The property has six bedrooms, seven-and-a-half bathrooms, floor-to-ceiling windows, a home gym, theater room, pool, and its own dock.
Living in Old Cutler Bay
General Cost of Living
The cost of living in Coral Gables is about 65%higher than the state and national averages. The primary factor that drives this score is housing, which is over 200% more than the Florida and US averages.
The average household income in Coral Gables is approximately $127,000 notably higher than the $57,652 national average. Careers in management, business, financial, health care, legal, and sciences are the most profitable in the area.
February, March, December, and January are considered the most comfortable months in the Cutler Bay area. August, the hottest month, has an average temperature of 89°F while the coldest nighttime temperature in January, the coldest month, is 57°F. Snowfall is rare while rainfall is higher than the national average.
South Dixie Highway (US Route 1) is chock full of restaurants, ranging from casual to fine dining. Closer to Old Cutler Bay are Redfish by Chef Adrianne, Lakeside Cafe, and Glasshouse Cafe.
Old Cutler Bay is served by the Miami-Dade County School district. Nearby schools include Pinecrest Elementary School, Ponce De Leon Middle School, International Studies Preparatory Academy, and Ludlam Elementary School. There are also a number of private schools, including Riviera Day School, St. Thomas Episcopal Parish School, and Carrollton School of the Sacred Heart.
Old Cutler Bay residents rely on their own vehicles to get around. However, the Coral Gables Trolley provides free transportation to anyone who wants to go around the city or to nearby Miami.
Parks, Recreational Activities, and Attractions
The Old Cutler Bay lifestyle means residents having fun in their local parks, gardens, and South Florida beaches. Since it is close to the downtown area, those living in Old Cutler Bay can easily enjoy what it has to offer.
Old Cutler Bay is just a few minutes away from Matheson Hammock Park, Fairchild Tropical Botanic Garden, Sunrise Harbor Park, and West Matheson Hammock Park.
There is no shortage of theaters, large shopping plazas, and museums within the area too. Probably the best attraction Old Cutler Bay has is the breathtaking Biscayne Bay at sunrise or sunset.
If you want to live in an exclusive, luxurious community within Coral Gables, Old Cutler Bay may be the home you’re looking for. Get in touch with The Jills Zeder Group at 305.722.5721 or 305.341.7447 to get started.