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11060 SW 196th St # 514, Cutler Bay FL 33157

Condo/Co-op For Sale
$198,000

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-$12K (2026/07/07)
128 days
2 bds
2 ba
809 sqft

Overview

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.

Location

Details

Type:
Residential
Parking:
1 Space / Assigned / Guest
Year Built:
2005
Lot:
No Data
Heating:
Central / Electric
Price/sqft:
$245
Cooling:
Central Air / Electric
HOA:
$665

Valuation

Our model vs. what's actually selling nearby.
Estimate
$199,000
$143K – $278K
Confidence Low
List vs. estimate
At estimate
List $198,000 · -0.5%
List is in line with recent comparable activity.
Price per sq ft
$244
-11.8% vs. city median $277
Based on
79 MLS comparables
+ 27 public-records sales within 0.5 mi
Median actual sale: $175K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$2,531
2025
HOA
$665/mo
View
Garden View, Other View
Pets
Not allowed
All facts and features
  • Flooring

    • Tile

    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: West Of Us1 / Open Balcony

    Other Property Information

    • Parcel Number: 30-60-06-057-1890

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Other financial information

    • HOA: $665

    • HOA Frequency: Monthly

    • Annual tax amount: $2,531

  • Source details

    • MLS ID: A11989522

    Other facts

    • Construction Materials: CBS Construction

    • Patio And Porch Features: Open Balcony

    • Window Features: Clear Impact Glass / Impact Glass / Verticals

    • Architectural Style: Corner Unit / Garden Apartment

    • Living Area: 809

    • 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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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