The neighborhood of Goulds has the following borders: SW 216th Street to the north, Ronald Reagan Turnpike to the east, Silver Palm Drive to the south and SW 134th Street to the west.
It has the neighborhoods of South Miami Heights to the north, Cutler Bay to the northeast, Princeton to the southwest and Silver Palm to the west. Goulds is also traversed by the Old Cutler Highway.
Goulds became inhabited due to the stoppage of the Florida East Coast Railroad, which has a depot that was located adjacent to the SW 216th Street. Goulds got its name from the railroad depot operator, Lyman Gould.
The area is close to many points of interest including Florida City (17 minutes away) and Homestead Airbase (16 minutes away).
Downtown and Miami International Airport takes residents to about 30 minutes travel time from the neighborhood.