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11060 196th St #612
Cutler Bay, FL 33157
Listing courtesy of Miami Properties Int'l Corp (Letizia Pallozzi). Contact: [email protected].
GREAT VALUE INVESTMENT IN CUTLER BAY (33157)! Competitively priced investment opportunity just a short drive from the billion-dollar redevelopment planned for Southland Mall, west of US-1 and conveniently accessible from the Turnpike via the Caribbean Blvd exit. This 2BD/2BA condo is located at the end of a quiet cul-de-sac and will be VACANT beginning November 1, 2026, allowing you to start generating rental income from day one or make it your own home. Features include an in-unit washer/dryer and balcony, both highly desirable rental perks. HOA fees total $665/month between both associations, including the Master Association, which covers the gated entry with guardhouse. Pest control is included. Owner separately pays water, WiFi, and electricity. Unit can be leased immediately upon closing with a 1-year minimum lease. Community amenities include an on-site mini market, commercial laundry facilities, basketball courts, swimming pool, security patrol, and TV-monitored building entrance. A great opportunity for investors seeking immediate rental potential or buyers looking for a conveniently located home with flexibility.
- Principal and interest
- $1,011
- Property tax
- $245
- Homeowners insurance
- $125
- HOA
- $175
An estimate, not a loan offer. The rate and insurance are assumptions to edit with your own quotes; Florida insurance varies widely by age, construction and distance to the coast. Flood insurance and PMI are not included.
Estimate: the price times the Miami-Dade County average total millage (18.49 mills, Florida Department of Revenue, 2025 average total millage by county), less the homestead exemptions. The actual bill depends on the city, the assessed value and special assessments. Save Our Homes then caps annual assessment increases at 3% or inflation, whichever is lower.
Inside the 1% annual chance floodplain. Lenders require flood insurance on a financed home; ask for the elevation certificate.
Sources: FEMA National Flood Hazard Layer and the Florida Division of Emergency Management evacuation zones, looked up at the listing point. Confirm with an elevation certificate and your insurer.
Listing data provided by the Southeast Florida Multiple Listing Service (MIAMI REALTORS®). The data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by the MLS. Atlantic Luxury Advisors is a real estate team at Keller Williams Realty. Payment, tax and flood figures on this page are estimates by Atlantic Luxury Advisors, not MLS data.