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11040 SW 196th St # 208, Cutler Bay FL 33157

Condo/Co-op For Sale
$210,000

BTC: 3.28125000

ETH: 120.27491409

68 days
2 bds
2 ba
914 sqft

Overview

Turnkey Investment Opportunity in Cutler Bay! Income-producing 2-bedroom, 2-bathroom corner unit with a tenant already in place with a contract until August 31st 2026. 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. Low-maintenance, located in a strong rental market, ideal for investors seeking immediate cash flow and long-term appreciation.

Location

Details

Type:
Residential
Parking:
1 Space / Assigned / Guest
Year Built:
2005
Lot:
No Data
Heating:
Central / Electric
Price/sqft:
$230
Cooling:
Central Air / Electric
HOA:
$640

Valuation

Our model vs. what's actually selling nearby.
Estimate
$215,000
$165K – $286K
Confidence Low
List vs. estimate
$5K below estimate
List $210,000 · -2.3%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$229
-13.4% vs. city median $265
Based on
35 MLS comparables
+ 28 public-records sales within 0.5 mi
Median actual sale: $181K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$2,654
2025
HOA
$640/mo
View
Garden View
Pets
Not allowed
All facts and features
  • Heating

    • Central

    • Electric

    Cooling

    • Central Air

    • Electric

    Appliances

    • Dishwasher

    • Dryer

    • Electric Water Heater

    • Ice Maker

    • Microwave

    • Electric Range

    • Refrigerator

    • Washer

    Other interior features

    • Pantry

    • Walk-In Closet(s)

    Bedrooms and bathrooms

    • Bedrooms: 2

    • Full bathrooms: 2

  • Parking

    • 1 Space

    • Assigned

    • Guest

    Property

    • Exterior Features: Open Balcony

    Other Property Information

    • Parcel Number: 30-60-06-057-0280

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Other financial information

    • HOA: $640

    • HOA Frequency: Monthly

    • Annual tax amount: $2,654

  • Source details

    • MLS ID: A11990207

    Other facts

    • Construction Materials: CBS Construction

    • Patio And Porch Features: Open Balcony

    • Window Features: Blinds

    • Architectural Style: Corner Unit

    • Living Area: 914

    • Subdivision Name: PARADISE POINTE CONDO,Paradise Pointe

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Miami Properties Int'l Corp