$198,000
Cutler Bay, FL 33157
MLS# A11989522
Status: Pending
2 beds | 2 baths | 809 sqft
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Property Description
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.
Details
Maps
Contract Information
Comp Sale YN: No
Occupant Type: Tenant
Listing Date: 2026-03-25
Status: Pending
Original List Price: 210000
List Price: $198,000
Current Price: $198,000
Location and Legal
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
City Name: Cutler Bay
Municipal Code: 30
Postal Zip: 33157
Development Name: Paradise Pointe
Subdivision Number: 57
Special Assessment YN: No
Flood Zone: AH
Building Name: 3
Country: United States
Street Number: 11060
Street Direction Prefix: SW
Street Name: 196th
Street Suffix: Street
Unit Number: 514
State Or Province: FL
Postal Code: 33157
Postal Code +4: 6606
Subdivision Name: PARADISE POINTE CONDO
Area: 2600
Elementary School: Bel-Aire
Middle Or Junior School: Cutler Bay Middle
High School: Miami Southridge
Parcel Number: 3060060571890
General Property Information
Unit Floor #: 5
Adjusted Area Main: 809
Living Area Main: 809
Senior Community YN: No
Outdoor Living Spaces YN: Yes
Furnished: Unfurnished
Stories Total: 6
Property Sub Type: Condominium
Bedrooms Total: 2
Bathrooms Total: 2
Bathrooms Full: 2
Building Area Main: 809
Year Built: 2005
Financial Information
Application Required YN: Yes
Estimated Monthly Assoc Recurring Fee: 665
Membership Fee Required YN: No
Association YN: 1
Association Fee: 665
Association Fee Frequency: Monthly
Tax Annual Amount: 2531
Tax Year: 2025
Tax Legal Description: PARADISE POINTE CONDO UNIT 514 BLDG 3 UNDIV 1/190 INT IN COMMON ELEMENTS OFF REC 23281-0293 COC 24152-2322 11 2005 1
Office/Member Information
DXORIGMLSID: SEF
Application Fee Details
Application Fee Required: Yes
Application Fee: 100
Application Information
1-2 Weeks Approval: 1
Association Approval Required: 1
Amenities
Basketball Court: 1
Laundry: 1
Parking: 1
Playground: 1
Pool: 1
Association Amenities
Maintenance: 1
Association Fee Includes
Common Areas: 1
Maintenance Grounds: 1
Maintenance Structure: 1
Reserve Funds: 1
Security: 1
Sewer: 1
Trash: 1
Dining Area
Breakfast Area: 1
Flooring
Laminate: 1
Tile: 1
Leasing Permitted Details
Leasing Permitted YN: Yes
Okay To Lease: 1
Okay To Lease During First Year: 1
Parking Features
Assigned: 1
Guest: 1
Parking Information
Open Parking Spaces: 1
Parking Space Number: 1
Property Condition
Resale: 1
Short Sale Details
Short Sale Addendum: No
Possession
Negotiable: 1
Subject To Tenant Rights: 1
Special Information
Foreign Seller: 1
Sold As-Is: 1
View
Garden: 1
Other: 1
Heating
Central: 1
Electric: 1
Leasing Restrictions
Leasing - Max Times Per Year: 1
Leasing - Minimum Number of Days: 365
Unit Description
Corner/End Unit: 1
Garden Apartment: 1
Window Features
Blinds: 1
Appliances
Dishwasher: 1
Dryer: 1
Electric Range: 1
Ice Maker: 1
Microwave: 1
Refrigerator: 1
Washer: 1
Construction Materials
CBS: 1
Interior Features
Pantry: 1
Walk-In Closet(s): 1
Listing Terms
Cash: 1
Conventional: 1
Road Frontage Type
West of US-1: 1
Security Features
Closed Circuit Camera(s): 1
Entry - Phone/Intercom: 1
Security Fence: 1
Security Guard: 1
Security Patrol: 1
Water Heater Details
Electric Water Heater: 1
Cooling
Central Air: 1
Electric: 1
Association Type
Condominium: 1
Showing Requirements
Appointment Only: 1
Showing Service: 1
Master Bedroom/Bath
Separate Shower: 1
Pets Allowed YN
No: 1
Pets Allowed
Pet Restrictions Possible: 1
Tax Information
Tax Reflects No Exemptions: 1
Outdoor Living Spaces
Balcony: 1
Balcony Details
Balcony - Open: 1
Price Calculations
Current Price To SqFt: 244.74
Section Details
Parcel Number MLX: 1890
Status Change Information
Major Change Timestamp: 2026-09-16T01:53:50Z
Major Change Type: Status Change
Price Change Timestamp: 2026-07-07T21:32:47Z
Status Change Date: 2026-09-15
Under Contract Date: 2026-09-15
Originating Details
Originating System Key: 445784027
Originating System ID: M00000151
Property Features
Application Information: 1-2 Weeks Approval; Association Approval Required
Association Amenities: Maintenance
Association Fee Includes: Common Areas; Maintenance Grounds; Maintenance Structure; Reserve Funds; Security; Sewer; Trash
Dining Area: Breakfast Area
Flooring: Laminate; Tile
Leasing Permitted Details: Okay To Lease; Okay To Lease During First Year
Parking Features: Assigned; Guest
Property Condition: Resale
Appliances: Dishwasher; Dryer; Electric Range; Ice Maker; Microwave; Refrigerator; Washer
Water Heater Details: Electric Water Heater
Construction Materials: CBS
Cooling: Central Air; Electric
Association Type: Condominium
Heating: Central; Electric
Interior Features: Pantry; Walk-In Closet(s)
Listing Terms: Cash; Conventional
Pets Allowed YN: No
Pets Allowed: Pet Restrictions Possible
Possession: Negotiable; Subject To Tenant Rights
Road Frontage Type: West of US-1
Security Features: Closed Circuit Camera(s); Entry - Phone/Intercom; Security Fence; Security Guard; Security Patrol
Special Information: Foreign Seller; Sold As-Is
Tax Information: Tax Reflects No Exemptions
Unit Description: Corner/End Unit; Garden Apartment
View: Garden; Other
Window Features: Blinds
Showing Requirements: Appointment Only; Showing Service
Outdoor Living Spaces: Balcony
Balcony Details: Balcony - Open
Listing Office: Miami Properties Int'l Corp
Last Updated: September - 16 - 2026
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