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About This Home

This 2-bedroom, 2-bathroom condo at 11040 SW 196th St in Cutler Bay, FL is listed for $210,000 ($230 per sqft). Built in 2005, the home offers 914 sqft of living space on a N/A lot.

Agent Description

Turnkey Investment Opportunity in Cutler Bay! Income-producing 2-bedroom, 2-bathroom corner unit with a tenant already in place with a contract until August 31st 2026. 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. Low-maintenance, located in a strong rental market, ideal for investors seeking immediate cash flow and long-term appreciation.

Key Features

  • Built in 2005
  • 4 stories

Property Details

4 stories
2 full
#208
2005

Monthly Cost Estimate

$1,123/mo

20% down · 6.5% · 30 years

Principal$152
Interest$910
Insurance$61

Estimates only. Actual payments may vary.

Location

11040 SW 196th St

Cutler Bay, FL 33157

Paradise Pointe Condo

Features & Amenities

Interior Features

IntercomBreakfast BarBreakfast AreaEat-in KitchenPantryTub ShowerWalk-in Closet(s)

Exterior Features

Security GuardBalcony

Property Details

Flooring

Laminate

Construction

Block

Parking

AssignedGuest

Heating

CentralElectric (Heating)

Cooling

Central AirElectric

Appliances

DishwasherDryerIce MakerMicrowaveRangeRefrigeratorWasher

Questions & Answers

This 2-bedroom, 2-bathroom condo at 11040 SW 196th St is listed at $210,000 ($230/sqft). The estimated monthly payment is $910 based on 20% down at 6.5% interest.

Key features include: Built in 2005, 4 stories. Interior Features: Intercom, Breakfast Bar, Breakfast Area. Exterior Features: Security Guard, Balcony.

This property is listed by Letizia Pallozzi and can be reached at 3053210886 or leti.pallozzi@gmail.com.

LP

Letizia Pallozzi

Agent at Miami Properties Int'l Corp

(305) 321-0886

Listed by Miami Properties Int'l Corp · View on Broker Site

MLS# A11990207· Source: listhub· Updated today

Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

11040 SW 196th St, Cutler Bay, FL 33157

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