
$198,000
11060 SW 196th Street 514
Cutler Bay, FL 33157
Explore the area: Cutler Bay homes for sale · Miami Dade County real estate
Price Check
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.
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.
Customize this estimateListing 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 TourGeneral 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
About the Community
- Homes for Sale
- 6
- Median List Price
- $215,000
- Median $/Sq Ft
- $268
- Avg Days on Market
- 148
Frequently Asked Questions
- 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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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$199,500
Sold · August 31, 2026
11040 SW 196th Street 208
2 bed · 2 bath · 914 sqft · $218/sqft
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
See every recorded sale in Paradise Pointe Condo or find out what your Paradise Pointe Condo home is worth.









