401 Sw 109th Ave Unit #23, Sweetwater, FL 33174

$339,900
2
BD
2
BA
1,120
SqFt

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List Price
$339,900
Price Change
▼ $10,000 1787545327
MLS#
A12061802
Complex Name
El Polo Condo
Status
ACTIVE
Type
Condo
Bedrooms
2
Full baths
1
Half baths
1
Living Area
1,120

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!

Additional Information

Days on Market
43
Interior Features
First Floor Entry
Tax Amount
$5,660
Water Access
None
Parcel Number
25-40-06-049-0230
Bedroom Description
Primary Bedroom Upstairs
Front Exposure
West
Exterior Features
Other, None
Association Fee
$200
Unit View
None
Parking Restrictions
1 Space
Unit Number
23
Elementary School
Sweetwater
SqFt Liv Area
1,120
Amenities
None
Year Built
1984
Style
Townhouse, Condo
Restrictions
Corporate Buyer OK, Okay To Lease 1st Year
Development Name
El Polo Condo
Middle School
Ruben Dario
Construction Type
CBS Construction
Section
6

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Listing Courtesy of United Real Estate Miami, Contact: