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