Home » Properties » 11040 SW 196th St # 211, Cutler Bay FL 33157

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2-Bedroom Condo for Sale in Cutler Bay, FL

Charming 2-bedroom, 2-bath condo with parking in Cutler Bay, near shopping and highways. Owner financing available.

$232,499

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MLS #A11898956

Listing Updated: 2026-07-24 18:20:04

Listed By: First Pro International Rlty

Overview

This 809 sqft condominium in Cutler Bay offers a practical and comfortable living space featuring two bedrooms and two bathrooms. Built in 2005, the unit includes laminated floors, an in-unit laundry area, and walk-in closets. Residents benefit from an elevator and fire sprinklers, enhancing safety and convenience. The property includes a detached carport with one assigned parking space and ample guest parking. Located near major highways such as US-1 and the Turnpike, and close to shopping centers, this condo provides easy access to daily amenities and commuting routes. Currently rented until October 2026, this residence is an opportunity for buyers seeking a well-situated home or a property with financing options.

Property Highlights

2 bedrooms, 2 bathrooms, 809 sqft, laminated floors, in-unit laundry, walk-in closets, elevator, fire sprinklers, detached carport, assigned parking, close to highways and shopping, owner financing available.

Property Details

City: Cutler Bay

State: FL

Zip Code: 33157

Address: 11040 SW 196th St # 211, Cutler Bay FL 33157

Year Built: 2005

Property Type: Residential

Property Sub Type: Condominium

Listing Office Name: First Pro International Rlty

County: Miami-Dade County

Garage Spaces: 1

Parking Features: Detached Carport, 1 Space

Interior Features: Elevator, Fire Sprinklers, Walk-In Closet(s)

Exterior Features: Other

Waterfront: No

Pool: No

HOA Fee: $555

Annual Tax: $2,410

Days On Market: 229 Days

Original Listing Description

INVESTMENT OPPORTUNITY WITH OWNER FINANCING! 2 Bed, 2 Bath Apartment in Prime Location, laminated floors, laundry inside of unit. Located in a highly desirable community close to shopping centers, major highways, US-1, and the Turnpike. Enjoy the convenience of an assigned parking space along with ample guest parking. Currently rented until October 31t; 2026 Monthly rent $1,890

Property Location

Explore the surrounding area, nearby amenities, and neighborhood access for this property.

11040 SW 196th St # 211, Cutler Bay FL 33157

About This Neighborhood

Cutler Bay is a residential community known for its accessibility and proximity to key transportation routes such as US-1 and the Turnpike. The area offers a mix of shopping centers and local services, providing residents with convenient daily living options. The neighborhood balances suburban calm with easy access to urban amenities, making it suitable for families, professionals, and retirees alike.

Walkability & Lifestyle

Residents benefit from proximity to shopping centers, restaurants, and essential services within a short drive. While the neighborhood is primarily suburban, local parks and recreational areas provide outdoor options. The nearby highways facilitate easy travel to beaches and urban centers, complementing daily convenience with lifestyle opportunities.

Things To Do Nearby

Cutler Bay offers access to outdoor activities such as parks and nearby waterfront areas. Residents can enjoy dining options and shopping centers close by. The location also provides convenient routes to Miami’s cultural and entertainment venues, as well as boating and golf facilities in the surrounding region.

Nearby Schools

Cutler Bay offers access to several public and private schools within reasonable distance, supporting families with school-age children. The community’s educational options contribute to its attractiveness for residents seeking convenient schooling alongside residential comfort.

Why Buyers Like This Area

Buyers appreciate Cutler Bay for its blend of suburban living with easy access to major highways and shopping. The community offers practical amenities and a range of housing options, making it suitable for various lifestyles. The availability of owner financing and assigned parking adds to the property’s appeal for both owner-occupants and investors.

Investment Potential

This condominium in Cutler Bay presents a practical option for buyers interested in a property with owner financing. Its location near major highways and shopping centers supports steady tenant interest, making it appealing for those considering rental opportunities. The unit’s features and assigned parking enhance its usability for a range of residents. While rental income is subject to market conditions, the property’s convenient access and community amenities contribute to its appeal among renters.

Market Trends

The real estate market in Cutler Bay reflects steady demand driven by its strategic location near Miami and major highways. Inventory includes a variety of condominiums and single-family homes, attracting buyers seeking affordability within reach of metropolitan conveniences. Long-term interest in this area remains consistent due to its accessibility and community features.

Rental Income Potential

The property’s current lease until late 2026 indicates tenant interest in this location. Cutler Bay’s accessibility and amenities support rental demand, especially among professionals and small families. While rental income can vary, the unit’s features and parking availability enhance its appeal to prospective tenants looking for comfortable living near major corridors.