
$199,500
↓ Reduced 5%11040 SW 196th St # 208, Cutler Bay FL 33157
Cutler Bay, FL, 33157
- Year Built
- 2005
- Property Type
- Condominium
- HOA Fee
- $665/mo
- Annual Taxes
- $2,654/yr
- MLS #
- A11990207
Market Position
Using 199 of 562 matching comparables
Lower percentile = priced below more of the sampled comparison set.
- List price
- $199,500 · area median: $274,900
- Days on market
- 119 · area median: 43
Priced below 88% of 199 comparable listings · area median: $292/SF
Computed from active comparable listings of the same type and similar size within about 10 miles.
Calculated: Jul 24, 2026 · Newest source update: Jul 24, 2026
Listing courtesy of Miami Properties Int'l Corp · 305-321-0886
Listed by Letizia Pallozzi
Last updated: Jul 23, 2026
Overview
PRICE FIRM. NO CONCESSIONS. Turnkey Corner Unit Investment in Cutler Bay! Slightly larger 900 sq ft corner income-producing 2-bed/2-bath unit with a great tenant in place! Contract thru August 31, 2026 with desire to extend. 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. Located in a strong rental market, in a growing area ideal for investors seeking immediate cash flow and long-term appreciation.
Features
Interior
Exterior
Heating
Cooling
Parking
View
Appliances
est.$1,895/mo
Est. payment based on a $199,500 home price.
Estimate includes principal & interest, property tax and HOA where known — it excludes insurance, PMI, flood/wind, CDD and special assessments. For information only; actual amounts vary.
Similar Properties
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