401 SW 109th Avenue Unit 23, Sweetwater, FL 33174

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

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List Price
$349,900
Days on Market
15
MLS#
A12061802
Year Built
1984
Bedrooms
2
Bathrooms
2
Baths Half
1
Living Area
1,120
MLS Area Major
2400

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

Taxes
$5,660
Hoa Fee
$200
Property Description
Other
Interior Features
Upper Level Primary
Appliances
Electric Range, Microwave, Refrigerator
Heating
Central
Air Conditioning
Electric
Exterior Construction
Block
Elementary School
Sweetwater
Middle School
Ruben Dario
High School
G. Holmes Braddock

Listing courtesy of United Real Estate Miami.

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