401 SW 109th Avenue 23, Sweetwater, FL 33174

$339,900 · Active

  • 2 beds
  • 2 baths
  • 1,120 sq ft
  • Condominium
  • Built 1984
  • HOA $200/mo
  • MLS# A12061802
  • El Polo Condo
Photo 1 at 401 SW 109th Avenue 23, SweetwaterPhoto 2 at 401 SW 109th Avenue 23, SweetwaterPhoto 3 at 401 SW 109th Avenue 23, SweetwaterPhoto 4 at 401 SW 109th Avenue 23, SweetwaterPhoto 5 at 401 SW 109th Avenue 23, SweetwaterPhoto 6 at 401 SW 109th Avenue 23, SweetwaterPhoto 7 at 401 SW 109th Avenue 23, Sweetwater

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!

Schools

  • Elementary: Sweetwater
  • Middle: Ruben Dario
  • High: G. Holmes Braddock

Presented by

BreakThru Realty · (786) 914-1017

Courtesy of

United Real Estate Miami · Listing agent: German A Llosa

Schedule a showing

Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com to see 401 SW 109th Avenue 23.

Questions About 401 SW 109th Avenue 23

How much is 401 SW 109th Avenue 23?
401 SW 109th Avenue 23 is listed at $339,900, which is about $303 per square foot. The listing page shows comparable active listings and recent closed sales nearby so you can judge the asking price against what buyers have actually paid.
What are the association fees at 401 SW 109th Avenue 23?
The listing reports an association fee of $200 per month. Confirm what the fee covers, the reserve funding and any pending special assessments before you make an offer; for a condo, ask for the milestone inspection report as well.
What are the property taxes on 401 SW 109th Avenue 23?
The listing reports annual property taxes of $5,660 for 2025. Taxes are reassessed at the sale price after a purchase, so a new owner's bill can differ from the current owner's; use the mortgage calculator on this page for an estimate.
When was 401 SW 109th Avenue 23 built?
401 SW 109th Avenue 23 was built in 1984 and the listing describes its condition as resale. Age matters for insurance and financing in Florida: ask about the roof, the electrical panel and, for a condo built before the current code, the building's structural reserve study.
How long has 401 SW 109th Avenue 23 been on the market?
401 SW 109th Avenue 23 has been listed for 56 days, and the asking price has been reduced from $349,900. Days on market and price changes are the first signals of how much room there is to negotiate.
Which schools serve 401 SW 109th Avenue 23?
The MLS lists Sweetwater (elementary), Ruben Dario (middle), G. Holmes Braddock (high). School assignments are set by the district and can change; verify them with the school board before you rely on them.
How do I see 401 SW 109th Avenue 23?
Request a showing from this page or call BreakThru Realty and a licensed agent will arrange a private tour, in person or by video, and answer anything the listing leaves out.

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Nearby Condo Buildings

Nearby ZIP codes include 33166 and 33178. This property also neighbors Doral, South Miami, and Coral Gables.