401 SW 109th Ave #23, Sweetwater, FL 33174
401 SW 109th Ave #23, Sweetwater, FL 33174
401 SW 109th Ave #23, Sweetwater, FL 33174
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Theresa Marie Ramos

Theresa Marie Ramos

+1(646) 825-1739
$349,900
Est. payment /mo
2 Beds
2 Baths
1,120 SqFt
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UPDATED:

Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 1,120 sqft

Price per Sqft $312

Subdivision El Polo Condo

MLS Listing ID A12061802

Style Other

Bedrooms 2

Full Baths 1

Half Baths 1

HOA Fees $200/mo

HOA Y/N Yes

Min Days of Lease 365

Leases Per Year 1

Year Built 1984

Annual Tax Amount $5,660

Tax Year 2025

Property Sub-Type Condominium

Property Description

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!

Location

State FL

County Miami-dade

Community El Polo Condo

Area 40

Direction GPS, WAZE, GOOGLE MAPS

Interior

Interior Features First Floor Entry, Main Living Area Entry Level, Upper Level Primary

Heating Central

Cooling Electric

Flooring Ceramic Tile

Window Features Impact Glass

Appliance Electric Range, Microwave, Refrigerator

Exterior

Exterior Feature None

Amenities Available None

View Y/N No

View None

Garage No

Private Pool Yes

Building

Faces West

Architectural Style Other

Structure Type Block

Schools

Elementary Schools Sweetwater

Middle Schools Ruben Dario

Others

Pets Allowed No, Yes

HOA Fee Include Maintenance Structure

Senior Community No

Restrictions Corporate Buyer OK,Okay to Lease 1st Year

Tax ID 25-40-06-049-0230

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Listed As-Is

Pets Allowed No, Yes

Virtual Tour https://www.propertypanorama.com/instaview/mia/A12061802

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Miami Association of Realtors (SEFMIAMI MLS)
Listed by United Real Estate Miami

NEARBY SCHOOLS & PROPERTIES

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Theresa Marie Ramos

Theresa Marie Ramos

+1(646) 825-1739

Agent | License ID: 3533533

Agent License ID: 3533533

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401 SW 109th Ave #23