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11060 SW 196th Street 514, Cutler Bay, FL 33157
Under Contract
174 Days on Market
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$198,000

11060 SW 196th Street 514

Cutler Bay, FL 33157

PARADISE POINTE CONDO

Explore the area: Cutler Bay homes for sale · Miami Dade County real estate

How this price compares

Asking price
$198,000
Price per sq ft
$245
Vs. nearby sales
In line
Days on market
174

This 2-bedroom condo in Paradise Pointe Condo went under contract with an asking price of $198,000, or $245 per square foot. The asking price has come down 5.7% from its original $210,000. It spent 174 days on the market before going under contract. The 6 most recent condo sales in the closings shown below sold at a median of $243 per square foot, so the asking price was in line with what comparable homes here actually sold for.

2
Bedrooms
2
Bathrooms
809
Living Sq Ft
2005
Year Built

Estimated monthly payment

$1,041 /mo

Principal and interest only, based on $39,600 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $665/mo HOA are not included.

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Listing Snapshot

Price
$198,000
Days on Site
174 Days
Bedrooms
2
Total Baths
2
Full Baths
2
Partial Baths
0
Living Area
809 sqft
Total Sq Ft
809 sqft
Year Built
2005
Property Type
Condo
MLS #
A11989522
Property Tax
$2,531 (2025)
HOA Fees
$665 / Monthly
Subdivision
PARADISE POINTE CONDO
Development
Paradise Pointe
County
Miami Dade
Status
Under Contract
Special Conditions
Listed As Is

About This Property

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.

Virtual Tour

General Features

Property Type
Condo
Status
Under Contract
Year Built
2005
Property Condition
Resale
Number of Stories
6
Garage Spaces
0
Parking
Assigned / Guest
Living Sq Ft
809
Total Sq Ft
809

Interior Features

Appliances
Dryer / Dishwasher / Electric Range / Electric Water Heater / Ice Maker / Microwave / Refrigerator / Washer
Cooling
Central Air / Electric
Heating
Central / Electric
Flooring
Laminate / Tile
Interior Features
Breakfast Area / Pantry / Separate Shower / Walk In Closets
Windows
Blinds
Furnished
Unfurnished

Exterior Features

Construction
Block
Exterior Features
Balcony / Outdoor Living Area
Pool Features
Association
Patio & Porch
Open / Balcony
View
Garden / Other

Community & HOA

HOA Fee
$665 / Monthly
HOA Includes
Common Areas / Maintenance Grounds / Maintenance Structure / Reserve Fund / Sewer / Security / Trash
Association Amenities
Basketball Court / Maintenance Grounds / Laundry / Playground / Pool / Parking
Security
Closed Circuit Cameras / Phone Entry / Security Fence / Security Guard
Pets Allowed
No / Pet Restrictions
Financing Terms
Cash / Conventional
Restrictions
Okay To Lease1st Year / Ok To Lease
MLS Area
2600

This home's HOA fee works out to $665 a month, 20% above the $554 median across 6 homes for sale in Paradise Pointe Condo. See Paradise Pointe Condo HOA fees

Schools

Elementary School
Bel-Aire
Middle School
Cutler Bay Middle
High School
Miami Southridge
Homes for Sale
6
Median List Price
$215,000
Median $/Sq Ft
$268
Avg Days on Market
148
View all 6 homes for sale in Paradise Pointe →
How do I schedule a tour of 11060 SW 196th Street 514, Cutler Bay, FL 33157?
Use the Tour button on this listing to request a showing of 11060 SW 196th Street 514, 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 11060 SW 196th Street 514, Cutler Bay, FL 33157 still available?
11060 SW 196th Street 514, Cutler Bay, FL 33157 is currently listed as Under Contract, and has been on the market 174 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 11060 SW 196th Street 514, Cutler Bay, FL 33157?
With 20% down ($39,600) on the $198,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 11060 SW 196th Street 514, Cutler Bay, FL 33157 is about $1,041/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 11060 SW 196th Street 514, Cutler Bay, FL 33157?
Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 11060 SW 196th Street 514, 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 11060 SW 196th Street 514, Cutler Bay, FL 33157 have an HOA fee?
Yes: 11060 SW 196th Street 514, 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 11060 SW 196th Street 514, Cutler Bay, FL 33157?
11060 SW 196th Street 514, 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 11060 SW 196th Street 514, Cutler Bay, FL 33157?
Often, yes. The right offer on 11060 SW 196th Street 514, 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.

$198,000

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Listed by Letizia Pallozzi, Miami Properties Int'l Corp

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