Condominium

401 SW 109th Ave # 23

Sweetwater, FL 33174

$339,900

Beds: 2
Baths: 1 + 1 half
Sq ft: 1,120
Year built: 1984
Price per sq ft: $303

Listing courtesy of German Llosa, United Real Estate Miami

About this home

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!

Details

Property

Type: Condominium
Building: Townhouse Condo
Year built: 1984
Stories: 2
Building name: EL POLO CONDO
Subdivision: EL POLO CONDO
County: Miami-Dade County
Faces: West
Flood zone: AH

Interior

Appliances: Electric Range, Microwave, Refrigerator
Flooring: Ceramic Floor
Cooling: Electric
Heating: Central
Features: First Floor Entry

Exterior and parking

Parking: 1 Space
Construction: CBS Construction

Community and fees

Association fee: $200 monthly
Maintenance includes: Building Exterior
Security: No Security
Annual taxes: $5,660
Terms: All Cash, Conventional
Minimum lease (days): 365

Neighborhood

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The data relating to real estate for sale or lease on this website comes in part from the Internet Data Exchange (IDX) program of MIAMI REALTORS® MLS. Listings are provided by participating brokers.

Information is deemed reliable but is not guaranteed and should be independently verified. It is subject to change and is provided for consumers’ personal, non-commercial use only, to identify properties they may be interested in. Listing last updated August 23, 2026.