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Map of Deering Bay Estates
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Neighborhood · Cutler Bay, Florida

Deering Bay Estates

Waterfront living behind the gates of a golf enclave

6

Homes for sale

$2,287,000

Median list price

$754

Avg price / sqft

85

Median days on market

Search Deering Bay Estates on the map

Deering Bay Estates sits along Biscayne Bay's southern edge, a gated waterfront community where homes open to the water and the mood leans quiet and private. Life here is unapologetically low-key: bay views, boat access, and the kind of space you don't find closer to the city core. It's a small pocket, so listings turn over rarely and every address feels distinct.

For a buyer today, this is a genuine luxury market — the six Cutler Bay homes for sale in this enclave carry a median list price of $2,287,000, and four of them are waterfront. Homes here tend to sit a while, with a median 85 days on market, which gives well-prepared buyers real room to negotiate. If you want to see how the current inventory lays out along the bay, start with the live map, and note that families weigh assigned schools like Ethel F. Beckford/richmond Primary Learning Center.

Deering Bay Estates is a community in Cutler Bay, Florida.

Quick facts

$1,775,000$4.8M price range

3,085 sqft median home

$12,500/mo median rent

12 sold in 12 months

On the market now

Homes for sale in Deering Bay Estates

Every active listing inside the Deering Bay Estates boundary

Open full map search →

Find your fit

Browse Deering Bay Estates

Where the market lives

2
4
$1.0M–$2.0M$2.0M+

The numbers that matter

The Deering Bay Estates market

12

Sold, last 12 months

$1,950,000

Median sold price

92%

Sale-to-list ratio

What sellers actually get vs asking

54 days

Median time to sell

Deering Bay Estates vs Cutler Bay

Median list price

Deering Bay Estates$2.3M
Cutler Bay Co.$240K

Price per sqft

Deering Bay Estates$754
Cutler Bay Co.$316

Days on market

Deering Bay Estates85d
Cutler Bay Co.1d

Median sold price — 3-yr, 3-mo rolling

60.7% yr/yr

$1.3M$1.9M$2.6MJul ’23May ’26

Homes sold per month

024Aug ’23May ’26

Live Stellar MLS data — every listing and closed sale inside the Deering Bay Estates boundary. Rolling medians smooth single-month swings in small communities.

For the school run

Schools Deering Bay Estates is zoned for

Attendance boundaries overlapping this community — always verify zoning with the district.

What it really costs

Owning here

Owning the median Deering Bay Estates home

$14,001/mo

Principal & interest $12,050
Property tax $1,741
Insurance (est.) $210

$2,287,000 median · 20% down · 30-yr fixed at 6.9% · taxes/HOA from live listing data · insurance is a Florida estimate.

$12,500/mo

Median rent

Homes for rent inside the boundary

Population

537

Median age

52

Median income

$250,001

Median home value

$1,463,200

Beyond the listings

Living in Deering Bay Estates

Lifestyles

Top 4% in the U.S.

Wealth Signaling

Interested in the finer things life has to offer, this population wants to display their lifestyle by discussing luxury products. Often references jewelry, cars, and home features.

Relationships

Top 18% in the U.S.

Networking

Driven to succeed in the business world, this population seeks to progress in their career through networking happy hours, summits, and connecting with other professionals online.

Beliefs

Top 18% in the U.S.

Local Engagement

These citizens want to make their neighborhood a better, more beautiful place to live. They're attentive to the needs and affairs of the local community.

Culture

Top 19% in the U.S.

Sites to See

This population finds the most beautiful sites just by looking up. Sunrise, sunset or sometime in between, these people love to marvel at man-made and natural wonders.

Hobbies & Interests

Top 22% in the U.S.

Green Thumb

From tiny sprouts and window plants, to flower arrangements and designing a landscape, this population has an affinity for all things green.

Hobbies & Interests

Top 23% in the U.S.

Engine Enthusiast

This population loves working on and showing off their cars, trucks and motorcycles. You can find them researching car shows and the hottest models on the lot.

Straight answers

Deering Bay Estates FAQs

Is Deering Bay Estates a good place to live?+

It's a small, gated waterfront community on Biscayne Bay, which appeals to buyers who want privacy and water access over density. Four of six current listings are on the water, and homes average around 3,085 sqft, so there's genuine space. It suits someone looking for a quiet, established luxury pocket rather than a busy neighborhood.

Is Deering Bay Estates expensive?+

Yes — this is one of the pricier corners of the area, with a median list price of $2,287,000 and every active home listed above $1M. Listings currently range from $1,775,000 to $4,750,000, and the average works out to about $754 per square foot. It's firmly a luxury market.

What do homes cost in Deering Bay Estates?+

Over the last 12 months, 12 homes sold at a median price of $1,950,000, while active listings sit at a $2,287,000 median. At roughly $754 per square foot and a typical home near 3,085 sqft, you're looking at seven-figure pricing across the board. You can browse the current mix on the live map.

How is the market right now?+

It's a slower, buyer-friendly rhythm — homes take a median 85 days to sell, and sellers are getting about 92% of their asking price on average. With just six active listings against 12 sales in the past year, inventory is thin but not frozen. That combination gives serious buyers room to negotiate.

What about HOA fees and property taxes?+

HOA figures aren't reported for the current listings, so confirm dues directly for any home you're considering in this gated community. Property taxes run a median of about $20,888 per year, in line with the area's luxury price points. Rentals here are rare and command a median around $12,500 per month.

Neighborhood boundary by edgeAI; listings matched to the polygon. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.

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