Condo in 11060 SW 196th Street 514, Cutler Bay, FL 33157 for sale with MLS# A11989522
PRICE FIRM. Turnkey investment opportunity competitively priced within Cutler Bay! This well-maintained 2BD/2BA unit comes with an excellent tenant already in place with a lease signed until July 31st, 2027 allowing you to start generating income from day one. Strategically located near a major billion-dollar commercial and residential development underway across US-1 (formerly Southland Mall), positioning this property for strong future appreciation and increased rental demand. In-unit washer/dryer and corner balcony is a rental perk for Tenants. Can lease immediately upon closing with a 1-year minimum in place. Condominium has a mini market, laundry facilities, basketball courts, pool, security patrol, and TV monitored at building entrance.
11060 SW 196th Street 514, Cutler Bay, FL 33157
Price
- Price:
- $198,000.00
- Original List Price:
- $210,000.00
- List Price per Sq Ft (Calculated, Approx.):
- $244.74
Property Status and Type
- Listing Type:
- For Sale
- Status:
- Pending (An offer has been accepted)
- Listing Category:
- Residential
- Property Type:
- Condominium
- Description of Last Important Update:
- Status Change
- Last Major Update on:
- September 16, 2026 1:53 am
- Other Special Conditions:
- Sold As-is, Foreign Seller
Rooms Distribution
- Bedrooms:
- 2
- Bathrooms Total:
- 2
- Full Bath:
- 2
- Master Bedroom Bath:
- Separate Shower
- Dining Area:
- Breakfast Area
Measures
- Living Area:
- 809 Sqft
- Built-Up Area:
- 809 Sqft
Property Features
- View from the Property:
- Garden, Other
- Waterfront:
- No
- Security:
- Security Guard, Closed Circuit Camera(s), Security Fence, Security Patrol, Entry - Phone/intercom
- Furnished:
- Unfurnished
- Appliances:
- Dryer, Dishwasher, Microwave, Refrigerator, Washer, Electric Range, Electric Water Heater, Ice Maker
- Interior:
- Pantry, Walk-In Closet(s)
- Exterior:
- Balcony
- Windows:
- Blinds
- Air Conditioning
- Air Conditioning System:
- Central Air, Electric
- Heating
- Heating System:
- Central, Electric
- Unit Description:
- Corner/end Unit, Garden Apartment
- Balcony Details:
- Balcony - Open
Construction
- Year Built:
- 2005
- Levels:
- Two
- Construction Materials:
- CBS
- Flooring:
- Tile, Laminate
- Number of stories:
- 6
- Road Frontage Type:
- West Of Us-1
- Flood Zone Code:
- AH
- Property Condition:
- Resale
Taxes and Expenses
- Tax Annual Amount:
- $2,531.00
- Tax Year:
- 2025
- Association Fee:
- $665.00
- Association Fee Frequency:
- Monthly
- Property Tax Details:
- Tax Reflects No Exemptions
Parking
- Garage Spaces:
- 0
- Covered Spaces:
- 0
- Parking Features:
- Assigned, Guest
Community
- Association
- Application Required
- Application Fee:
- $100.00
- Application Information:
- 1-2 Weeks Approval, Association Approval Required
- Association Type:
- Condominium
- Pets Allowed?:
- No, Pet Restrictions Possible
- Lease Number Times per Year Allowed:
- 1
- Amenities Provided by the Homeowner's Association (HOA):
- Pool, Laundry, Playground, Maintenance, Basketball Court, Parking
- Building Name:
- 3
- Subdivision Name:
- PARADISE POINTE CONDO
- Association Fee Includes:
- Maintenance Grounds, Sewer, Trash, Security, Maintenance Structure, Common Areas, Reserve Funds
- Senior Community:
- No
- Development Name:
- Paradise Pointe
- Minimum Days per Lease:
- 365
- Leasing Permitted
- Leasing Permitted Details:
- Okay To Lease, Okay To Lease During First Year
Terms
- Listing Terms Considered by Seller:
- Cash, Conventional
- Buyer Possession:
- Negotiable, Subject To Tenant Rights
Zoning and Legal
- Tax Legal Description:
- PARADISE POINTE CONDO UNIT 514 BLDG 3 UNDIV 1/190 INT IN COMMON ELEMENTS OFF REC 23281-0293 COC 24152-2322 11 2005 1
- Real Estate Folio Number (Parcel Number):
- 3060060571890
Public Schools Assigned
- Elementary School:
- Westchase-hb
- High School:
- Miami Southridge
- Middle Or Junior School:
- Cutler Bay Middle
Listing History
- Active on the market since:
- March 25, 2026
- Listing Agreement executed on:
- March 25, 2026
- Purchase Contract Date:
- September 15, 2026
- Price change occurred on:
- July 7, 2026 9:32 pm
- Listing Status Last Changed On:
- September 16, 2026 1:53 am
- Photos updated on:
- September 16, 2026 1:58 am
- Last Modified:
- September 16, 2026 2:04 am
Additional Information
- Courtesy of:
- Miami Properties Int'l Corp
- Attribution:
- Not provided
Location
- Floor Number:
- 5
- Street Name:
- 196th
- Street Number:
- 11060
- Unit Number:
- 514
- City:
- Cutler Bay
- State:
- Florida
- Zip Code:
- 33157
- County:
- Miami-Dade
- Latitude:
- N25° 34' 59.1''
- Longitude:
- W81° 37' 52.6''
- Street Suffix:
- Street
- Street Direction Prefix:
- SW
Property Map
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Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
Median Household Income
$80,364
Median Home Value
$478,300
Median Rent
$1,493/mo
Median Age
40
Population
69,605
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