Multi-family homes for sale in Lakes by the Bay, FL

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Lakes by the Bay, FL Real Estate Market Overview

There are no multi-family homes for sale in Lakes by the Bay, FL. The following market insights reflect all property types in the Lakes by the Bay, FL real estate market. The number of homes in Lakes by the Bay, FL increased by 8.3% between May 2025 and June 2025. In June 2025, listings were on the market for 49 days. During the same period, the median list price in this real estate market was $499,900. While more than 2 listings in Lakes by the Bay, FL in June 2025 were sold above asking price, there were more than 1 listings sold at asking price, and more than 5 were sold below.

From Rocket Homes Real Estate and based on county public records data

What is it like to live in Lakes by the Bay, FL

Overview

Lakes by the Bay is located in Cutler Bay, Florida. There are roughly 10,913 residents, living in 3,537 households. The average temperature for Lakes by the Bay this time of the year is low of 75F and high of 90F. On average, Lakes by the Bay gets about 7.78 inches of precipitation in August. Most residents are home owners (74%), have a post secondary degree (61%) and are married, with kids (35%).

Data provided by Home Junction

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