PendingMLS® A11989522

$198,000

11060 SW 196th Street 514, Cutler Bay, FL 33157

Beds: 2
Baths: 2
Sqft: 809

Est. payment$2,002/mo

Home type: Condominium
Year built: 2005
Lot size: —
Price / sqft: $245
HOA: $665/mo
Community: PARADISE POINTE CONDO

Property description

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.

Listing activity

Days on market: 174
Listed: Mar 25, 2026
MLS listing updated: Sep 16, 2026
Feed last checked: 7 minutes ago

Listed by Letizia Pallozzi · Miami Properties Int'l Corp

Map

Map location is based on MLS-supplied coordinates. Verify the location before relying on it.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Bathrooms (decimal): 2
Full bathrooms: 2
Half bathrooms: 0

Rooms & features

Rooms: 0
Interior features: Pantry, Walk-In Closet(s)
Flooring: Laminate, Tile
Appliances: Electric Water Heater, Dishwasher, Dryer, Electric Range, Ice Maker, Microwave, Refrigerator, Washer
Furnished: Unfurnished
Window features: Blinds

Heating & cooling

Heating: Central, Electric
Cooling: Central Air, Electric

Property

Parking

Garage spaces: 0
Carport spaces: 0
Covered spaces: 0
Parking features: Assigned, Guest
Attached garage: No

Exterior

Stories: 6
Building area: 809 sqft
Exterior features: Balcony
View: Garden, Other
Waterfront property: No

Lot

Road frontage: West of US-1

Construction

Type & style

Home type: Condominium
Year built: 2005
New construction: No

Materials

Construction: CBS
Property condition: Resale

Utilities & green energy

Not reported by the listing source.

Community & HOA

Community

Subdivision: PARADISE POINTE CONDO
MLS area: 2600
Security: Closed Circuit Camera(s), Entry - Phone/Intercom, Security Fence, Security Guard, Security Patrol
Pets allowed: Pet Restrictions Possible, No
55+ community: No

Association

Has association: Yes
Association fee: $665 monthly
Estimated monthly dues: $665
Amenities: Maintenance, Pool, Basketball Court, Laundry, Parking, Playground
Services included: Common Areas, Maintenance Grounds, Maintenance Structure, Reserve Funds, Security, Sewer, Trash

Lease details

Not reported by the listing source.

Location

Area details

City: Cutler Bay
County: Miami-Dade
ZIP code: 33157

Manufactured home details

Not reported by the listing source.

Financial & listing details

Listing

MLS number: A11989522
Possession: Negotiable, Subject To Tenant Rights
Original list price: $210,000
Parcel number: 3060060571890
Annual property tax: $2,531
Tax year: 2025
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

Additional MLS details

Reported by the listing source

Association Amenities: Maintenance, Pool, Basketball Court, Laundry, Parking, Playground
Association Fee Frequency: Monthly
Association Fee Includes: Common Areas, Maintenance Grounds, Maintenance Structure, Reserve Funds, Security, Sewer, Trash
Association: Yes
Bathrooms Total Decimal: 2
Bathrooms Total Integer: 2
Building Area Total: 809
Construction Materials: CBS
County Or Parish: Miami-Dade
Days On Market: 174
Elementary School: Bel-Aire
High School: Miami Southridge
List Price: 198000
Listing Contract Date: 2026-03-25
Living Area: 809
MLSArea Major: 2600
Middle Or Junior School: Cutler Bay Middle
Mls Status: Pending
On Market Date: 2026-03-25
Postal Code: 33157
Price Change Timestamp: 2026-07-07T21:32:47Z
Property Sub Type: Condominium
Property Type: Residential
Road Frontage Type: West of US-1
Rooms Total: 0
Security Features: Closed Circuit Camera(s), Entry - Phone/Intercom, Security Fence, Security Guard, Security Patrol
Senior Community: No
Standard Status: Pending
State Or Province: FL
Status Change Timestamp: 2026-09-16T01:53:50Z
Stories Total: 6
Subdivision Name: PARADISE POINTE CONDO
Tax Annual Amount: 2531
Bathrooms Full: 2
Bedrooms Total: 2
Waterfront: No
Bathrooms Half: 0
Financial Information: Estimated Monthly Assoc Recurring Fee: 665

Market value

Automated estimate—No licensed valuation source connected

Estimated sales range—Ask Karim for a local market analysis

Estimated rent—No licensed rental valuation source connected

Price history

Date	Event	Price
Mar 25, 2026	ListedMIAMI REALTORS® MLS	$210,000$260/sqft
Jul 7, 2026	Price reducedMIAMI REALTORS® MLS	$198,000$245/sqft

Public tax history

Year	Property taxes	Assessment
2025	$2,531	—

Payment calculator

Estimated monthly payment$2,002/moIllustrative estimate, not a loan offer.

Loan typeDown payment (%)Interest rate assumption (%)Loan termInsurance / month

Principal & interest: $1,027
Property taxes: $211
Insurance: $99
Association dues: $665

Live national rate context is displayed below through Mortgage News Daily’s official widget. The calculator rate remains a separate assumption until licensed machine-readable access is connected. This is not a loan offer.

Neighborhood

Area

PARADISE POINTE CONDO

Cutler Bay · Miami-Dade County · 33157

Climate risk

—

No licensed climate-risk source is connected.

Nearby schools

Bel-AireElementary

—

Cutler Bay MiddleMiddle

—

Miami SouthridgeHigh

—

School names and districts are MLS-reported when available. Verify attendance boundaries with the school district. Ratings require a licensed ratings provider.

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