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Buildings/Cutler Bay/PARADISE POINTE CONDO

Value

PARADISE POINTE CONDO

11040 SW 196th St, Unincorporated County 33157

★ 4.0

2005

Year Built

Units

CI Score

Moderate

For Sale

$224K

Avg Price

$241

Sale $/SF

For Rent

$1,950

Avg Rent

$2.41

Rent $/SF

-5.0%

YoY

For Sale

For Rent

Investor-Owned

89%

Avg HOA

$554.5/mo

Building Details

Address

11040 SW 196th St, Unincorporated County, 33157

Neighborhood

Cutler Bay

Year Built

2005

Total Units

Avg Unit Sqft

807 SF

Tier

Value

Avg $/SF

$241.04

Avg Rent

$1,950/mo

Rent $/SF

$2.41/SF

HOA Range

$490 – $640

Google Rating

4.0 (51 reviews)

Neighborhood Rank

Top 47%

Avg Unit Value

$187K

Total Sales (All-Time)

179

Investment Analysis

Yield Metrics

Rental Yield (annualized)9.7%

YoY Appreciation-5.0%

Total Yield115.1%

Liquidity & Demand

Closed Sales (120d)1

Days on Market33 days

Months of Inventory24.0

Sale-to-List Ratio1.0%

Price Reduction Rate100%

Investor-Owned89%

For Sale6

For Rent3

Top 47%

Neighborhood percentile

Market Data

Sale Price Trend ($/SF)

$241

+1.0%

Rental Price Trend ($/SF)

$2.31

-1.7%

Building Activity

Days on Market

Sales & Listings

Active Listings

For Sale (6)

$198K

Unit 203

2 bd2 ba809 sf

$245/SF2 DOM

$210K

Unit 208

2 bd2 ba914 sf

$230/SF1 DOM

$220K

Unit 303

2 bd2 ba809 sf

$272/SF96 DOM

$228K

Unit 406

2 bd2 ba809 sf

$281/SF112 DOM

$232K

Unit 103

2 bd2 ba809 sf

$287/SF155 DOM

$232K

Unit 211

2 bd2 ba809 sf

$287/SF152 DOM

For Rent (3)

$2K

Unit 607

2 bd2 ba809 sf

$2/SF

$2K

809 sf

$2K

Unit 605

2 bd2 ba809 sf

$3/SF28 DOM

Recent Sales

Date	Price	$/SF	Bed/Bath	SF
Dec 18, 2025	$197K	$243.51	2/2	809
Dec 18, 2025	$156K	$249.6	1/1	625
Sep 23, 2025	$193K	$238.57	2/2	809
May 13, 2024	$250K	$309.02	2/2	809
May 1, 2023	$198K

Units & Ownership

Total Units

Avg Sqft

807 SF

Avg Assessed

$132K

Owner-Occupied

11%

Tax & Ownership

Investor-Owned

89%

Owner-Occupied

11%

Avg Assessed Value

$132K

Avg Taxable Value

$126K

Effective Year Built

2005

Zoning

3900

Unit Mix

1 BR3

Avg 625 SF

2 BR51

Avg 817 SF

Unit Directory

Showing 10 of 54 units

Unit	Beds	Baths	SF	Assessed	Owner	Last Sale	$/SF	Sale Date
103	2	2	809	$129K	—	$77K	$95	Aug 2016
104	2	2	809	$125K	—	$65K	$80	Jun 2013
105	2	2	809	$125K	—	$50K	$62	May 2012
106	2	2	809	$129K	—	$74K	$91	Apr 2015
107	2	2	809	$129K	—	$66K	$82	Jul 2015
108	2	2	914	$139K	—	$76K	$83	Jul 2016
109	2	2	809	$188K	—	$75K	$93	Nov 2014
110	2	2	809	$129K	—	$117K	$145	Jul 2005
111	2	2	809	$129K	—	$95K	$117	Mar 2018
112	2	2	809	$129K	—	$83K	$103	Mar 2014

Brokerage	Agents	Sales	Volume
F Florida Capital Realty	1	4	$796K
Lifestyle International Realty	1	2	$410K
L Lumer Real Estate	1	2	$353K
M Miami Properties Int'l Corp	1	2	$305K
Realty ONE Group	2	2	$255K

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PARADISE POINTE CONDO

Building Details

Investment Analysis

Yield Metrics

Liquidity & Demand

Market Data

Sales & Listings

Units & Ownership

Active Agents

Brokerages

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