401 Sw 109th Ave Unit #23, Sweetwater, FL 33174

$349,900
2
BD
2
BA
1,120
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$349,900
Status
ACTIVE
Days on Market
14
MLS#
A12061802
Subtype
Residential
Style
Townhouse, Condo
Year Built
1984
Bedrooms
2
Bathrooms
2
Full Baths
1
Half Baths
1
Living Area
1,120
Subdivision
El Polo Condo
Building Name
El Polo Condo

Property Description

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!

Additional Information

Amenities
None
Interior Features
First Floor Entry
Exterior Features
Other, None
Taxes
$5,660
HOA Fee
$200
HOA Freqency
Monthly
Building Name
El Polo Condo
Community Features
El Polo Condo
Property Description
Townhouse, Condo
Flooring
Ceramic Floor
Appliances
Electric Range, Microwave, Refrigerator
Heating
Central
Air Conditioning
Electric
Exterior Construction
CBS Construction
Stories
2
Parking
1 Space
Parking Features
1 Space
Elementary School
Sweetwater
Middle School
Ruben Dario
View
None

Listing Courtesy of United Real Estate Miami, Contact:

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks