$199,500
Sold · August 31, 2026
11040 SW 196th Street 208
Cutler Bay, FL 33157
Explore the area: Cutler Bay homes for sale · Miami Dade County real estate
Sale Summary
What this home sold for
- Sold price
- $199,500
- Vs. list price
- At list
- Days on market
- 127
- Price per sq ft
- $218
This 2-bedroom condo in Paradise Pointe Condo sold for $199,500 on August 31, 2026. That was exactly its final list price of $199,500. It first came on the market at $210,000, so the price was adjusted before it sold. It spent 127 days on the market. At $218 per square foot, it closed 10.7% below the $244 median of the 6 other condo sales in the recent closings shown below.
Listing Snapshot
- Sold Price
- $199,500
- Sold On
- August 31, 2026
- Days on Site
- 127 Days
- Bedrooms
- 2
- Total Baths
- 2
- Full Baths
- 2
- Partial Baths
- 0
- Living Area
- 914 sqft
- Total Sq Ft
- 914 sqft
- Year Built
- 2005
- Property Type
- Condo
- MLS #
- A11990207
- Property Tax
- $2,654 (2025)
- HOA Fees
- $665 / Monthly
- Subdivision
- PARADISE POINTE CONDO
- Development
- Paradise Pointe
- County
- Miami Dade
- Status
- Sold
- Special Conditions
- Listed As Is
About This Property
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.
Virtual TourGeneral Features
- Property Type
- Condo
- Status
- Sold
- Year Built
- 2005
- Property Condition
- Resale
- Number of Stories
- 4
- Garage Spaces
- 0
- Parking
- Assigned / Guest
- Living Sq Ft
- 914
- Total Sq Ft
- 914
Interior Features
- Appliances
- Dryer / Dishwasher / Electric Range / Electric Water Heater / Ice Maker / Microwave / Refrigerator / Washer
- Cooling
- Central Air / Electric
- Heating
- Central / Electric
- Flooring
- Laminate
- Interior Features
- Breakfast Bar / Breakfast Area / Eat In Kitchen / Multiple En Suite Bathrooms / Pantry / Separate Shower / Tub Shower / Walk In Closets
- Windows
- Blinds
- Furnished
- Unfurnished
Exterior Features
- Construction
- Block
- Exterior Features
- Balcony / Lighting / Outdoor Living Area
- Pool Features
- Association
- Patio & Porch
- Open / Balcony
- View
- Garden
Community & HOA
- HOA Fee
- $665 / Monthly
- HOA Includes
- Common Areas / Maintenance Grounds / Maintenance Structure / Sewer / Trash
- Association Amenities
- Maintenance Grounds / Laundry / Playground / Pool / Parking / Trash / Elevators
- Security
- Phone Entry / Smoke Detectors / Security Fence / Security Guard
- Pets Allowed
- No / Pet Restrictions
- Financing Terms
- Cash / Conventional
- Restrictions
- Okay To Lease1st Year / Ok To Lease / See Remarks
- MLS Area
- 2600
Schools
- Elementary School
- Bel-Aire
- Middle School
- Cutler Bay Middle
- High School
- Miami Southridge
About the Community
- Homes for Sale
- 6
- Median List Price
- $223,750
- Median $/Sq Ft
- $277
- Avg Days on Market
- 173
Frequently Asked Questions
- How do I schedule a tour of 11040 SW 196th Street 208, Cutler Bay, FL 33157?
- Use the Tour button on this listing to request a showing of 11040 SW 196th Street 208, Cutler Bay, FL 33157. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 11040 SW 196th Street 208, Cutler Bay, FL 33157 still available?
- 11040 SW 196th Street 208, Cutler Bay, FL 33157 is currently listed as Sold, and has been on the market 127 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 11040 SW 196th Street 208, Cutler Bay, FL 33157?
- With 20% down ($39,900) on the $199,500 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 11040 SW 196th Street 208, Cutler Bay, FL 33157 is about $1,048/mo, before property taxes, insurance, and HOA dues. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 11040 SW 196th Street 208, Cutler Bay, FL 33157?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 11040 SW 196th Street 208, Cutler Bay, FL 33157. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- Does 11040 SW 196th Street 208, Cutler Bay, FL 33157 have an HOA fee?
- Yes: 11040 SW 196th Street 208, Cutler Bay, FL 33157 carries an HOA fee of about $665 monthly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
- What schools serve 11040 SW 196th Street 208, Cutler Bay, FL 33157?
- 11040 SW 196th Street 208, Cutler Bay, FL 33157 is zoned for Bel-Aire (elementary), Cutler Bay Middle (middle), Miami Southridge (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
- Can I negotiate the price of 11040 SW 196th Street 208, Cutler Bay, FL 33157?
- Often, yes. The right offer on 11040 SW 196th Street 208, Cutler Bay, FL 33157 depends on how it's priced against comparable condo sales in Cutler Bay, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of Miami Properties Int'l Corp
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated June 23, 2026.
$199,500
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Listed by Letizia Pallozzi, Miami Properties Int'l Corp
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Recent Sales
Recently sold homes in Paradise Pointe Condo
These are the last 6 recorded closings in Paradise Pointe Condo, with the price each home actually sold for rather than what it was listed at. They closed at a median of $244 per square foot. The most recent closed on October 2, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$195,000
Sold · October 2, 2026
11040 SW 196th Street 203
2 bed · 2 bath · 809 sqft · $241/sqft
$3,000 under the asking price
Sold$155,000
Sold · July 17, 2026
11060 SW 196th Street 601
1 bed · 1 bath · 625 sqft · $248/sqft
$13,000 under the asking price
Sold$197,000
Sold · June 26, 2026
11050 SW 196th Street 109
2 bed · 2 bath · 809 sqft · $244/sqft
$3,000 under the asking price
Sold$195,000
Sold · May 14, 2026
11040 SW 196th Street 412
2 bed · 2 bath · 809 sqft · $241/sqft
$10,000 under the asking price
Sold$197,000
Sold · December 18, 2025
11060 SW 196th Street 403
2 bed · 2 bath · 809 sqft · $244/sqft
$32,000 under the asking price
Sold$156,000
Sold · December 18, 2025
11050 SW 196th Street 201
1 bed · 1 bath · 625 sqft · $250/sqft
$31,000 under the asking price
See every recorded sale in Paradise Pointe Condo or find out what your Paradise Pointe Condo home is worth.
