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401 SW 109th Ave # 23, Sweetwater FL 33174

Condo/Co-op For Sale
$339,900

BTC: 4.34571374

ETH: 134.32128038

-$10K (2026/08/23)
47 days
2 bds
1 ba
1,120 sqft

Overview

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!

Location

Details

Type:
Residential
Parking:
1 Space
Year Built:
1984
Lot:
No Data
Heating:
Central
Price/sqft:
$303
Cooling:
Electric
HOA:
$200

Valuation

Our model vs. what's actually selling nearby.
Estimate
$284,750
$214K – $360K
Confidence Low
List vs. estimate
$55K above estimate
List $339,900 · +19.4%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$303
-5.2% vs. city median $320
Based on
353 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $437K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$5,660
2025
HOA
$200/mo
View
None
All facts and features
  • Flooring

    • Ceramic Floor

    Heating

    • Central

    Cooling

    • Electric

    Appliances

    • Electric Range

    • Microwave

    • Refrigerator

    Other interior features

    • First Floor Entry

    Bedrooms and bathrooms

    • Bedrooms: 2

    • Bathrooms: 1

    • Full bathrooms: 1

  • Parking

    • 1 Space

    Property

    • Exterior Features: Other / None

    Other Property Information

    • Parcel Number: 25-40-06-049-0230

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Other financial information

    • HOA: $200

    • HOA Frequency: Monthly

    • Annual tax amount: $5,660

  • Source details

    • MLS ID: A12061802

    Other facts

    • Construction Materials: CBS Construction

    • Window Features: Clear Impact Glass

    • Direction Faces: West

    • Living Area: 1120

    • Subdivision Name: EL POLO CONDO

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: United Real Estate Miami