401 SW 109th Avenue 23, Sweetwater, FL 33174
- Beds
- 2
- Baths
- 2
- Living Area
- 1,120 SF
- Year Built
- 1984
- $/SF
- $312
- Type
- Condominium
- DOM
- 12
2 bed · 2 bath · 1,120 sqft · Built 1984
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 type
- Condominium
- Condition
- Resale
- Year built
- 1984
- Stories
- 2
- Subdivision
- EL POLO CONDO
- Waterfront
- No
- Waterfront features
- None
- Private pool
- No
- HOA (monthly)
- $200
- Parcel number
- 2540060490230
- Annual tax
- $5,660
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Listing data sourced from BeachesMLS / Trestle. All information herein is deemed reliable but is not guaranteed and should be independently verified. Information last updated 8/10/2026. Represented by Eleven Realty Partners, LLC d/b/a XI Realty · Equal Housing Opportunity.