11060 SW 196th St # 301, Cutler Bay FL 33157
About this home
* INVESTMENT OPPORTUNITY * Spacious 1-bedroom, 1-bathroom apartment featuring an extended private balcony overlooking the community, perfect for relaxing mornings or evening sunsets. The unit includes a BRAND NEW in-unit washer and dryer with warranty coverage through 2027, adding convenience and peace of mind. This property is currently rented @ $1,600/month through March 31, 2027, providing immediate and stable rental income. Located in a community offering excellent amenities, including multiple pools, a children’s playground, basketball court, and an on-site mini market/store for quick grocery runs without leaving the complex. Conveniently situated just minutes from US-1 and the Florida Turnpike, providing easy access to shopping, dining, and commuting routes throughout Miami-Dade.
Features
- Pantry
- West Of Us1
- Open Balcony
- Other View
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Estimated loan & HOA
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
- Principal & interest
- $834
- HOA
- $665 / mo
Illustration only — not a loan offer, quote, or commitment. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.
Schedule a tour
Request a private or video tour with a local agent.
Run the numbers
We fill in the price and the building's HOA dues. That leaves rent, tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Vacancy and the loan terms below start at common defaults; change them.
Enter rent, property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.
Illustration only — not a loan offer, quote, or investment advice. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.
Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.