401 SW 109th Ave Unit 23, , FL  33174 401 SW 109th Ave Unit 23, , FL  33174

Price: $349,900
MLS Number: A12061802
 Condo / Town Home
401 SW 109th Ave Unit 23, , Florida 33174 USA
 Beds: 2
 
 Baths: 1
 
 Half Baths: 1
 Living Area: 1,120
 
 Unit: 23
 
 HOA Fees: $200
 Year Built: 1984
 
 Community: EL POLO CONDO
 
 Subdivision: EL POLO CONDO
 Elementary School: Sweetwater
 
 Junior High: Ruben Dario
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About this Property
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!

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MIAMI Association of REALTORS® is not responsible for the accuracy of the information listed above. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program and the South East Florida Regional MLS and is provided here for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than the office owning this website are marked with the IDX logo and detailed information about them includes the name of the listing brokers. Data provided is deemed reliable but not guaranteed. Copyright MIAMI Association of REALTORS®, MLS All rights reserved. This property is courtesy of United Real Estate Miami.
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