Condo in 11040 SW 196th Street 208, Cutler Bay, FL 33157 with MLS# A11990207

PRICE FIRM. NO CONCESSIONS. Turnkey Corner Unit Investment in Cutler Bay! Slightly larger 900 sq ft corner income-producing 2-bed/2-bath unit with a great tenant in place! Contract thru August 31, 2026 with desire to extend. This well-maintained unit features new flooring, stainless steel appliances, and an in-unit washer and dryer, making it highly desirable for long-term tenants. The corner layout offers added privacy and natural light, while the private balcony enhances rental appeal. Located in a strong rental market, in a growing area ideal for investors seeking immediate cash flow and long-term appreciation.

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Days on the market

11040 SW 196th Street 208, Cutler Bay, FL 33157

Price
Price:
$199,500.00
Original List Price:
$210,000.00
List Price per Sq Ft (Calculated, Approx.):
$218.27
Close Price:
$199,500.00
Transaction closed on:
August 31, 2026
Property Status and Type
Listing Type:
Sold
Status:
Closed
Contingency:
Active Under Contract
Listing Category:
Residential
Property Type:
Condominium
Description of Last Important Update:
Status Change
Last Major Update on:
August 31, 2026 4:00 am
Other Special Conditions:
Sold As-is
Rooms Distribution
Bedrooms:
2
Bathrooms Total:
2
Full Bath:
2
Master Bedroom Bath:
2 Master Baths, Separate Shower, Combo Tub/shower
Dining Area:
Snack Bar/counter, Eat-in Kitchen, Breakfast Area
Measures
Living Area:
914 Sqft
Built-Up Area:
914 Sqft
Property Features
View from the Property:
Garden
Waterfront:
No
Security:
Smoke Detector(s), Security Guard, Security Fence, 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, Lighting
Windows:
Blinds
Air Conditioning
Air Conditioning System:
Central Air, Electric
Heating
Heating System:
Central, Electric
Unit Description:
Corner/end Unit
Balcony Details:
Balcony - Open
Construction
Year Built:
2005
Levels:
Two
Construction Materials:
CBS
Flooring:
Laminate
Number of stories:
4
Flood Zone Code:
AH
Property Condition:
Resale
Taxes and Expenses
Tax Annual Amount:
$2,654.00
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, Trash Chute, Laundry, Playground, Maintenance, Elevator(s), Parking
Subdivision Name:
PARADISE POINTE CONDO
Association Fee Includes:
Maintenance Grounds, Sewer, Trash, Maintenance Structure, Common Areas, Elevator
Senior Community:
No
Development Name:
Paradise Pointe
Restrictions:
See Remarks
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
Zoning and Legal
Tax Legal Description:
PARADISE POINTE CONDO UNIT 208 BLDG 1 UNDIV 1/190 INT IN COMMON ELEMENTS OFF REC 23281-0293 COC 23590-1182 07 2005 1
Real Estate Folio Number (Parcel Number):
3060060570280
Public Schools Assigned
Elementary School:
Wilkinson Elementary
High School:
Miami Southridge
Middle Or Junior School:
Cutler Bay Middle
Listing History
Active on the market since:
March 26, 2026
Listing Agreement executed on:
March 26, 2026
Purchase Contract Date:
July 31, 2026
Price change occurred on:
July 1, 2026 8:07 pm
Listing Status Last Changed On:
August 31, 2026 4:00 am
Photos updated on:
September 1, 2026 3:03 pm
Last Modified:
September 1, 2026 3:04 pm
Additional Information
Courtesy of:
Miami Properties Int'l Corp
Attribution:
Not provided
Location
Floor Number:
2
Street Name:
196th
Street Number:
11040
Unit Number:
208
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

Air Quality

Source: AirNow.gov · Miami

🌬️ Air Quality Index (AQI) 40 Good
☀️ O3 35 Good
🫁 PM2.5 40 Good
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Association of REALTORS®
Disclaimer: IDX listing information is presented by Rebonus Brokerage LLC for consumer informational purposes only. The information provided is 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 by the MLS or the real estate broker. This page presents structured listing information sourced directly from the MLS via the RESO Web API feed. Rebonus prioritizes maximum field coverage and data completeness, displaying the most granular MLS-provided attributes available. Properties may be listed or sold by various participants in the MLS.