Cays Realty
229 SW 9th St 407, Miami, FL 33130 — MLS photo

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229 SW 9th St 407, Miami, FL 33130

Active · StockCooperative

$495,000

229 SW 9th St 407, Miami, FL 33130

Beds
1
Baths
1
Living area
418 sq ft
$ / sq ft
$1,184/sq ft
Year built
2023
Lot size
—
HOA fee
$687 Monthly
Annual tax
$7,379

About this property

Spectacular turnkey opportunity in the heart of Brickell. Fully furnished residence at SMART Brickell, currently enrolled in the building?s Lease Back program so the buyer can generate income from day one. Keep it in the program for a truly hands-off experience or rent it independently on platforms like Airbnb or similar. Bright interiors with floor-to-ceiling glass and a private balcony, in a sleek boutique building. Prime walkable location steps from Brickell City Centre, world-class dining, nightlife, and the financial district?strong local and international demand year-round. Amenities include valet service, an on-site café, pools, rooftop lounge, business center, pet-friendly policies, and EV-ready parking. Schedule your private showing.

Property location

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229 SW 9th St 407, Miami, FL 33130

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Facts & features

Interior

Bedrooms
1
Bathrooms
1
Living area
418 sq ft
Flooring
Ceramic Tile
Appliances
Microwave, Refrigerator
Cooling
Central Air
Heating
Central
Interior features
Built In Features, Bedroom On Main Level, Other, Sitting Area In Primary, Shower Only

Exterior & Structure

Property type
StockCooperative
Year built
2023
Stories
0
Architectural style
High Rise
Construction
Block
Exterior features
Balcony, Security High Impact Doors
Pool
Association
View
City, Other

Parking

Garage spaces
1
Covered spaces
1
Parking features
Valet

HOA, Community & Financials

Association fee
$687 Monthly
Fee inclusions
Amenities, Common Areas, Cable Tv, Electricity, Pools, Recreation Facilities, Security, Trash, Water
Amenities
Business Center, Clubhouse, Elevators, Fitness Center, Other, Pool, Sauna, Spa Hot Tub
Security
Closed Circuit Cameras, Door Man, Elevator Secured, Lobby Secured, Smoke Detectors
Pets allowed
Conditional, Yes
Annual tax
$7,379
Subdivision
SMART BRICKELL LODGING 1 C
County
Miami-Dade
Days on market
89
MLS listing ID
A11973544
Listing status
Active

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Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$2,035

Cap rate
0.8%
Net yield
0.8%
Cash-on-cash return
-17.6%
Gross yield
5.1%
Mortgage payment
$2,347/mo
Down payment
$123,750
Loan amount
$371,250
Annual NOI
$3,743

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.