About 401 Sw 109th Avenue #23
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!
Features of 401 Sw 109th Avenue #23
| MLS® # | A12061802 |
|---|---|
| USD | $339,900 |
| CAD | $478,773 |
| CNY | 元2,278,860 |
| EUR | €297,738 |
| GBP | £255,711 |
| RUB | ₽28,653,944 |
| HOA Fees | $200 |
| Bedrooms | 2 |
| Bathrooms | 2.00 |
| Full Baths | 1 |
| Half Baths | 1 |
| Year Built | 1984 |
| Type | Residential |
| Sub-Type | Condominium |
| Restrictions | Other Restrictions |
| Style | Other |
| Unit Floor | 1 |
| Status | Active |
| HOPA | No Hopa |
| Membership Equity | No |
Community Information
| Address | 401 Sw 109th Avenue #23 |
|---|---|
| Area | 2400 |
| Subdivision | EL POLO CONDO |
| City | Sweetwater |
| County | Miami-Dade |
| State | FL |
| Zip Code | 33174 |
Amenities
| Amenities | None |
|---|---|
| Parking Spaces | 1 |
| Is Waterfront | No |
| Waterfront | None |
| Has Pool | No |
| Pets Allowed | Yes |
| Subdivision Amenities | None |
| Security | None |
| Guest House | No |
Interior
| Appliances | Electric Range, Microwave, Refrigerator |
|---|---|
| Heating | Central |
| Cooling | Electric |
| Fireplace | No |
| # of Stories | 2 |
| Master Bedroom | Master Bdrm - Upstairs |
Exterior
| Exterior Features | None |
|---|---|
| Construction | CBS |
| Front Exposure | West |
School Information
| Elementary | Sweetwater |
|---|---|
| Middle | Ruben Dario |
| High | G. Holmes Braddock |
Additional Information
| Date Listed | July 29th, 2026 |
|---|---|
| Days on Market | 56 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| HOA Fees | 200 |
| HOA Fees Freq. | Monthly |
| Parcel ID | 2540060490230 |
Listing Details
| Office | United Real Estate Miami |
|---|