Condominium
401 SW 109th Ave # 23
401 SW 109th Ave # 23, Sweetwater FL 33174 Get directions
$339,900
2 Beds · 1 Bath · 1,120 SqFt
See estimated monthly costThis listing is courtesy of United Real Estate Miami. German Llosa
Overview
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!
Facts & features
Interior
- Living area (sq ft)
- 1,120
- Full bathrooms
- 1
- Half bathrooms
- 1
- First Floor Entry
Building & exterior
- Year built
- 1984
- None
- Other
- 1 Space
HOA (homeowners association)
- Association fee
- $200 per month
- Pets allowed
- Yes
- None
- Corporate Buyer OK
- Okay To Lease 1st Year
Taxes
- Annual tax
- $5,660
- Tax year
- 2025
- Parcel number
- 25-40-06-049-0230
Assigned schools
- Elementary
- Sweetwater
- Middle
- Ruben Dario
Listing
- MLS number
- A12061802
- Property type
- Condominium
- Price per SqFt
- $303
- Subdivision
- EL POLO CONDO
- On market since
- Jul 29, 2026
- Days on market
- 25
Price history
| Date | Event | Price | Change |
|---|---|---|---|
| Jul 29, 2026 | Listed | $349,900 | — |
| Aug 23, 2026 | Price change | $339,900 | −$10,000 (−2.9%) |
Milestones recorded on this listing. Not a complete MLS price history.
Estimated monthly cost
$2,645 per month
- Principal & interest (30 yr)
- $1,719
- Property tax
- $472
- Insurance (estimated)
- $255
- Association fee
- $200
An estimate for comparison only — not a loan offer, a quote, or a commitment to lend. Actual taxes, insurance and financing terms will differ.
Location
Nearby schools
- Sweetwater Elementary
- St Agatha School
- Miami Christian School
- Academy for Advanced Academics - South
- Children''s Creative Learning Center at FIU
- My Little World
- Dr. Carlos J. Finlay Elementary
- Pinecrest Academy - North
- Pinecrest Academy North Campus
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