$339,900

Price reduced

401 SW 109th Ave #23, Sweetwater FL 33174

2 beds2 baths1,120 sq ftBuilt 1984MLS# A12061802

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About this property

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 details

Property type
Condo
Year built
1984
Living area
1,120 sq ft
Price per sq ft
$303
HOA fee
$200/mo
Property taxes
$5,660/yr
Floors in building
2
Building / community
El Polo Condo
Status
Price reduced
MLS #
A12061802

Listing courtesy of United Real Estate Miami.

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