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Condominium
$81,000$142 / sqft
239 SW 9th St # 1604, Miami FL 33130
Listed
1
Bedrooms
1
Bathrooms
571 sqft
Interior
2024
Year built
$70 / mo
HOA
Condominium
Type
About this home
This project operates under a co-ownership model with eight owners per unit, ideal for buyers seeking a fully managed, ready-to-use property in Brickell with predictable returns. Each investor acquires a 1/8 fractional ownership alongside seven other owners, with the purchase price, expenses, and maintenance costs divided proportionally. All owners are listed on the property title through a master holding company, ensuring legal security and transparency. The developer is also one of the owners and manages the entire operation—including reservations, cleaning, maintenance, and day-to-day management—so investors are completely hands-off. Each share includes 45 days of use per year, which can be fully used, partially used and partially rented, or entirely rented to generate income. The project offers guaranteed rental income regardless of actual occupancy, providing financial stability. Pricing varies by season and demand, allowing buyers to select high-demand periods such as December (Art Basel, Christmas, and New Year), March (Ultra Music Festival), June (World Cup), and other peak Miami dates. Overall, this is an ideal solution for those who want a furnished, income-generating property in Brickell with professional management and no operational complexity.
Features
- First Floor Entry
- East Of Us1
- Other View
Leasing
- Minimum lease
- 45 days
- Leases permitted per year
- 8
Leasing terms as stated in the MLS listing, not verified by us. The association’s governing documents control what is actually permitted and can change — confirm before you buy.
Location
Run the numbers
We fill in the price and the building's HOA dues. That leaves tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Rent starts from what comparable units are asking nearby. Vacancy and the loan terms below start at common defaults; change them.
Median asking rent for 1-bed rentals in Brickell, from 200 active listings; the middle half ask $3,100–$4,200.That is what landlords ask, not what units let for — edit it if you know better.
Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management
Cap rate
Cash-on-cash
Monthly cash flow
Net operating income
Enter property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.
Illustration only — not a loan offer, quote, or investment advice. We are not a lender and neither offer nor arrange financing. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.
Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.