$124,500

239 9th St #2304, Miami, FL 33130

Bedrooms
2
Baths
2
Type
Condo
Year built
2024
HOA
$106 / mo HOA
On market
265 days on market
MLS #
A11946527

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.

The MiamiLi Read

The lines below are derived automatically from this listing’s own data and the area’s recorded deed transfers. They are not a personal opinion or investment advice.

  • Position in the area’s price distributionThe asking price is $124,500; the median of recorded sales in the area is $620,000 (1,112 sales). On raw price that is 80% below the median — this line does NOT adjust for property type or size.
  • HOA fee as a share of priceAn HOA fee of $106 per month comes to $1,272 a year — 1.0% of the asking price. That amount is deducted from rental yield.

How to read this comparison: the figure on the left is an asking price, while the one on the right is a closed sale median — the two are not the same thing, and the room to negotiate sits inside that gap. The median covers every property type and size in those ZIP codes; it carries no adjustment for a single listing’s floor, view, age or finishes. This box is not an appraisal.

Scope: ZIP codes 33129, 33130, 33131 · arm’s-length sales recorded by the Miami-Dade County Property Appraiser.

Monthly mortgage payment

Estimated monthly loan payment based on this listing's price. Adjust the down payment, rate and term to match your own terms.

30%$37,350
Term

7.28% — Freddie Mac PMMS (FRED) current mortgage rates, 30-year fixed, conforming. Priced October 1, 2026.

Estimated monthly payment$596
Loan amount
$87,150
Total interest over the term
$127,515
Total repaid
$214,665

Principal and interest only; property tax, insurance and HOA dues are NOT included. This is not a binding offer.

EXP Realty LLC

Listing data provided by the Southeast Florida MLS (MIAMI REALTORS®) IDX feed. Copyright Southeast Florida Multiple Listing Service © 2026. Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited.

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