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Active Condominium
$124,500
239 SW 9th St # 2304, Miami FL 33130, Miami, FL 33130
2 Beds
Bedrooms
2 Baths
Bathrooms
— sqft
Living Area
2024
Year Built

About This Property

This unit operates under a co-ownership model with eight owners per residence. Each buyer acquires a 1/8 share of the property, sharing the initial purchase cost as well as operating and maintenance expenses equally among all owners. Ownership is structured through a parent company in which all owners are included on the title, ensuring a clear and secure legal framework. Under this flexible-use model, each owner enjoys up to 45 days of use per year, distributed across multiple stays, with usage weeks rotating annually to allow access to different seasons at no additional cost. Unlike a fixed model, there is no guaranteed rental income; however, owners may personally use their allotted days or place them in the rental pool to generate income based on market demand and occupancy. The developer is also one of the co-owners and manages all operations, administration, and reservations, eliminating the need for personal involvement. The unit is delivered fully furnished and ready for immediate use, and all fractional interests are priced equally since ownership is based on rotating usage rather than fixed seasons. Overall, this is an ideal opportunity for buyers seeking a Brickell property with a low entry cost, flexible annual use, and income potential without the burden of hands-on management—supported by professional photos and a virtual tour available in the unit’s Dropbox.

Property Details

Property Type Condominium
Days on Market 148 days
HOA Fee $106/mo
Parking — spaces
Pool No
Waterfront No
Community Smart Brickell
Pets Allowed No

Assigned Schools

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School Grades Address Report Card
Southside Elementary
Elementary 305-371-3311
PK-8
45 SW 13 St., Mami, FL 33130
Shenandoah Middle
Middle 305-856-8282
6-8
1950 SW 19 St., Miami, FL 33145
Washington, Booker T. Senior High
High School 305-324-8900
9-12
1200 NW 6th Ave., Miami, FL 33136

Source: County GIS attendance zone boundaries. Assignments are based on property location and may change. Use Miami-Dade County Public Schools's official locator to confirm.

Location

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Dayron Crespo
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