Investor-ready opportunity in the highly desirable FIU area! Two-story townhome with assigned parking and a functional split-bedroom floor plan upstairs, featuring a primary suite with private bath plus a convenient half bath on the first floor. The only unit in the building with an enclosed rear patio. Currently leased at $2,300/month with area rents ranging from $2,400 to $2,700/month, offering excellent upside potential. Approx. 5.6% CAP Rate. Boutique 26-unit condominium with low HOA fees of only $200/month. The community is consistently in demand and units are always rented. New roof installed, and the condominium recertification has already been paid for by the seller. No reserves. Excellent income-producing property for investors!
Property Details
Price:
$339,900
MLS #:
A12061802
Status:
Active
Beds:
2
Baths:
1.5
Address:
401 SW 109th Ave # 23
Type:
Condo
Subtype:
Condominium
Subdivision:
EL POLO CONDO
Neighborhood:
elpolocondo
City:
Sweetwater
Listed Date:
Jul 29, 2026
State:
FL
Finished Sq Ft:
1,120
Total Sq Ft:
1,120
ZIP:
33174
Year Built:
1984
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Schools
Elementary School:
Sweetwater
Middle School:
Ruben Dario
Interior
Appliances
Electric Range, Microwave, Refrigerator
Bathrooms
1 Full Bathroom, 1 Half Bathroom
Cooling
Electric
Flooring
Ceramic Floor
Heating
Central
Exterior
Association Amenities
None
Construction Materials
C B S Construction
Exterior Features
Other, None
Parking Features
1 Space
Security Features
No Security
Financial
HOA Fee
$200
HOA Frequency
Monthly
Tax Year
2025
Taxes
$5,660
Map
Community
- Address401 SW 109th Ave # 23 Sweetwater FL
- SubdivisionEL POLO CONDO
- CitySweetwater
- CountyMiami-Dade County
- Zip Code33174
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401 SW 109th Ave # 23
Sweetwater, FL
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