$210,000
CondominiumActive11060 SW 196th St # 514, Cutler Bay FL 33157
MLS #A11989522About This Property
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 2026 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.
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Blue Mar Real Estate Group
About Cutler Bay
Cutler Bay is a family-oriented South Dade town incorporated in 2005, known for affordability relative to coastal Miami and its access to Biscayne National Park. Black Point Park & Marina offers one of the area's largest hurricane-safe harbors, and the town sits in a growth corridor along US-1. New construction, strong schools, and proximity to the Keys make this an option for buyers seeking space without losing Miami-Dade amenities.
Property Details
Property Type
Condominium
Year Built
2005
Living Area
809 sq ft
Bedrooms
2
Bathrooms
2
Pool
No
Waterfront
No
Cooling
Central Air, Electric
Heating
Central, Electric
Flooring
Tile
Construction
CBS Construction
Style
Corner Unit, Garden Apartment
HOA Fee
$640 / Monthly
Annual Taxes
$2,531 (2025)
Days on Market
73
MLS #
A11989522
Features & Amenities
Interior
Appliances
Exterior
Other
Nearby Schools
Assigned public schools pulled from Miami-Dade County Public Schools’s official attendance-boundary data. Verify current boundaries with MDCPS before buying — zones can change year to year.
School data source: Miami-Dade County Open Data Hub
Similar Homes in Cutler Bay
Location
City
Cutler Bay
State
FL
ZIP Code
33157
County
Miami-Dade County
Listing provided by Letizia Pallozzi at Miami Properties Int'l Corp. Data from Miami Association of REALTORS®. All information deemed reliable but not guaranteed. Listing #A11989522.