401 SW 109th Ave # 23, Sweetwater, FL 33174

About 401 SW 109th Ave # 23, Sweetwater, FL 33174

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!

How This Listing Compares in Sweetwater

Per square foot, it is asking 15% below the Sweetwater median for sales closed over the last twelve months.

Medians from closed MLS sales in Sweetwater; a starting point, not an appraisal.

Home Features at 401 SW 109th Ave # 23, Sweetwater, FL 33174

Bathrooms Full

1

Bathrooms Half

1

Interior Features

First Floor Entry

Appliances

Electric Range, Microwave, Refrigerator

Flooring

Ceramic Floor

Heating

Central

Cooling

Electric

Garage Spaces

0

Parking Features

1 Space

Pool Private

No

Year Built Details

Resale

Direction Faces

West

The Building at 401 SW 109th Ave # 23, Sweetwater, FL 33174

Building Name

EL POLO CONDO

Building Area Total

1120

Building Area Units

Square Feet

Stories Total

2

Entry Level

1

Association

Yes

Association Fee

$200

Association Fee Frequency

Monthly

Association Amenities

None

Security Features

No Security

Lot, Views & Construction at 401 SW 109th Ave # 23, Sweetwater, FL 33174

Lot Size Square Feet

0

Waterfront

No

View

None

Construction Materials

CBS Construction

Exterior Features

Other, None

New Construction

No

Taxes & Public Record for 401 SW 109th Ave # 23, Sweetwater, FL 33174

Parcel Number

25-40-06-049-0230

Tax Annual Amount

$5,660

Tax Year

2,025

Tax Legal Description

EL POLO CONDO UNIT 23 UNDIV .035714% INT IN COMMON ELEMENTS OFF REC 12357-231 OR 19610-287 0401 1 COC 25831-3923 07 2007 1

County Or Parish

Miami-Dade County

Assigned Schools for 401 SW 109th Ave # 23, Sweetwater, FL 33174

Elementary School

Sweetwater

Middle School

Ruben Dario

School assignments are provided by the listing and should be independently verified.

Map & Neighborhood