Price reduced
Photo 1 of 7$339,900
Price reduced401 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
Location
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