For sale

Price cut: $12K (7/7)

$198,000

11060 SW 196th St APT 514, Miami, FL 33157

2beds

809sqft

$2,098/mo

Get pre-qualified

Condominium

Built in 2005

-- sqft lot

$194,800 Zestimate^®

$245/sqft

$665/mo HOA

What's special

Basketball courtsCorner balcony

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.

164 days
1,291
73

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Full bathrooms: 2

Heating

Central, Electric

Cooling

Central Air, Electric

Appliances

Included: Dishwasher, Dryer, Electric Water Heater, Ice Maker, Microwave, Electric Range, Refrigerator, Washer

Features

Pantry, Walk-In Closet(s)
Flooring: Tile
Windows: Clear Impact Glass, Impact Glass, Verticals
Common walls with other units/homes: Corner Unit

Interior area

Total structure area: 809
Total interior livable area: 809 sqft

Video & virtual tour

View virtual tour

Property

Parking

Parking features: 1 Space, Assigned, Guest

Features

Exterior features: Balcony
Pool features: Association
Has view: Yes
View description: Garden, Other

Lot

Features: West Of Us1

Details

Parcel number: 3060060571890

Construction

Type & style

Home type: Condo
Property subtype: Condominium
Attached to another structure: Yes

Materials

CBS Construction

Condition

Year built: 2005

Community & HOA

Community

Security: Complex Fenced, Security Guard, Intercom In Lobby, Security Service, TV Camera
Application fee: $100
Subdivision: Paradise Pointe Condo,Paradise Pointe

HOA

Has HOA: Yes
Amenities included: Basketball Court, Playground, Laundry, Pool
HOA fee: $665 monthly

Location

Region: Miami

Financial & listing details

Price per square foot: $245/sqft
Tax assessed value: $188,172
Annual tax amount: $2,531
Date on market: 3/25/2026
Listing terms: All Cash,Conventional

Estimated market value

$194,800

$185,000 - $205,000

$1,904/mo

Price history

Date	Event	Price
7/7/2026	Price change	$198,000-5.7%$245/sqft
Source: MIAMI #A11989522 Report a problem
3/26/2026	Listed for sale	$210,000+92.7%$260/sqft
Source: MIAMI #A11989522 Report a problem
7/29/2024	Listing removed	--
Source: MIAMI #A11617795 Report a problem
7/18/2024	Price change	$2,000-4.8%$2/sqft
Source: MIAMI #A11617795 Report a problem
7/3/2024	Listed for rent	$2,100+55.6%$3/sqft
Source: MIAMI #A11617795 Report a problem
3/23/2020	Listing removed	$1,350$2/sqft
Source: Miami Properties Int'l Corp #A10801280 Report a problem
1/15/2020	Listed for rent	$1,350$2/sqft
Source: Miami Properties Int'l Corp #A10801280 Report a problem
11/26/2019	Sold	$109,000-1.8%$135/sqft
Source: MIAMI #A10735468 Report a problem
10/29/2019	Pending sale	$111,000$137/sqft
Source: Sun Realty Investments Inc #A10735468 Report a problem
10/28/2019	Listed for sale	$111,000$137/sqft
Source: Sun Realty Investments Inc #A10735468 Report a problem
9/11/2019	Pending sale	$111,000+85%$137/sqft
Source: Sun Realty Investments Inc #A10735468 Report a problem
9/9/2019	Sold	$60,000-45.9%$74/sqft
Source: Public Record Report a problem
9/6/2019	Price change	$111,000+40.5%$137/sqft
Source: Sun Realty Investments Inc #A10735468 Report a problem
10/10/2018	Pending sale	$79,000$98/sqft
Source: Sun Realty Investments Inc #A10429436 Report a problem
10/9/2018	Listed for sale	$79,000$98/sqft
Source: Sun Realty Investments Inc #A10429436 Report a problem
3/8/2018	Pending sale	$79,000$98/sqft
Source: Sun Realty Investments Inc #A10429436 Report a problem
3/5/2018	Listed for sale	$79,000-49%$98/sqft
Source: Sun Realty Investments Inc #A10429436 Report a problem
1/18/2006	Sold	$155,000+33.6%$192/sqft
Source: Public Record Report a problem
5/6/2005	Sold	$116,000$143/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,637 +3.4%	$134,769 +10%
2024	$2,549 +14%	$122,518 +10%
2023	$2,237 +21.8%	$111,380 +10%
2022	$1,837 +13.3%	$101,255 +10%
2021	$1,621 +6.7%	$92,050 +7%
2020	$1,520 +28%	$86,028 +48.4%
2019	$1,187 +10.8%	$57,952 +10%
2018	$1,071	$52,684 +10%
2017	$1,071 +6.6%	$47,895 +10%
2016	$1,005 +9.6%	$43,541 +10%
2015	$917 +14.7%	$39,583 +10%
2014	$800 +45.2%	$35,985 +10%
2013	$551	$32,714 +10%
2012	$551 -18.9%	$29,740 -18%
2011	$679 -34.1%	$36,270 -28%
2010	$1,031 -45.8%	$50,380 -50%
2009	$1,904 -23.7%	$100,750 -25%
2007	$2,495	$134,330
2006	--	--