401 109th Avenue Unit 23, Sweetwater, FL 33174

$339,900 — Active

Property Features

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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!

▼ Price Reduced β€” originally listed at $349,900

Property Details

  • Listing ID: A12061802
  • Status: Active
  • Listing Date: 2026-07-29
  • Property Type: Condominium
  • Unit / Building #: 23
  • Subdivision: EL POLO CONDO
  • County: Miami-Dade
  • MLS Area: 2400
  • Bedrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Living Area Sq Ft: 1,120
  • Year Built: 1984

Financial

  • List Price: $339,900
  • Original List Price: $349,900
  • HOA Fee: $200/mo
  • Taxes: $5,660/yr

Features & Amenities

  • Pets Allowed: Yes
  • Cooling: Electric
  • Heating: Central
  • Flooring: Ceramic Tile
  • Construction: CBS
  • Exterior Features: None
  • Community Amenities: None

Courtesy of United Real Estate Miami

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