Home›401 SW 109th Avenue 23, Sweetwater, FL 33174

Residential in Sweetwater

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 Highlights

Cooling

  • Electric

Heating

  • Central

Flooring

  • Ceramic Tile

Amenities

  • None

Appliances

  • Electric Range
  • Microwave
  • Refrigerator

Possession

  • Negotiable

Restrictions

  • Other Restrictions

Water Access

  • None

Listing Terms

  • Cash
  • Conventional

Pets Allowed YN

  • Yes

Tax Information

  • Tax Reflects No Exemptions

Association Type

  • Condominium

ExteriorFeatures

  • None

Main Living Area

  • Entry Level

SecurityFeatures

  • None

Exterior Features

  • None

Security Features

  • None

ArchitecturalStyle

  • Other

Master BedroomBath

  • Master Bdrm - Upstairs

Property Condition

  • Resale

WaterfrontFeatures

  • None

Architectural Style

  • Other

Special Information

  • Sold As-Is

AssociationAmenities

  • None

Showing Requirements

  • Call Listing Agent

Construction Materials

  • CBS

Application Information

  • 3-4 Weeks Approval

Association Fee Includes

  • Maintenance Structure

Leasing Permitted Details

  • Okay To Lease During First Year

Property Details

Property TypeResidential
StyleCondominium
Year Built1984
CountyMiami-Dade
SubdivisionEL POLO CONDO
Living Area1,120 sq ft
Bedrooms2
Baths2
Half Baths1
Unit Number23
HOA Fee$200 / Monthly
HOA IncludesMaintenance Structure
Annual Tax$5,660 (2025)
Special AssessmentNo
Pets AllowedYes
Listing OfficeUnited Real Estate Miami
Listing AgentGerman A Llosa
Office Phone305-273-9000

401 SW 109th Avenue 23, Sweetwater, FL 33174, Sweetwater, FL 33174