30
  • Type
  • Condominium
  • 1
  • Bedroom
  • 1
  • Bathroom
  • 1
  • Garage
  • 571 Sq Ft
  • Area Size
239 SW 9th St # 1604, Miami FL 33130 | Miami-Dade County | A11946293
  • $81,000

Description

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.

Property Overview

This 1-bedroom, 1-bathroom condo at Smart Brickell is part of a new co-ownership model designed for hassle-free investment and use. Located at 239 SW 9th St #1604 in Miami, the unit spans 571 square feet and is part of a development built in 2024. Listed for $81,000, this share represents a 1/8 fractional ownership in the unit, with all costs, including the purchase price, divided equally among the eight owners. The HOA fee is $70, and all maintenance, cleaning, and management are handled by the developer, who is also one of the owners. Each fractional owner receives 45 days of personal use per year, which can be used fully, partially, or rented out entirely. The property is fully managed, with guaranteed rental income provided regardless of actual occupancy. This makes it ideal for buyers looking to enjoy the space and earn returns without the effort of managing it. If you’d like to learn more about how this model works or how to reserve high-demand periods, call 305-859-4733.

Frequently Asked Questions

What type of ownership does Smart Brickell offer?

Smart Brickell offers a co-ownership model where each unit is owned by eight investors. Each buyer acquires a 1/8 fractional ownership in the property, with all purchase price, expenses, and maintenance costs split proportionally among the eight owners.

Is the property managed for me?

Yes, the developer, who is also one of the unit owners, manages the property. This includes handling reservations, cleaning, maintenance, and day-to-day operations, making it a hands-off investment for buyers.

How many days of use am I entitled to each year?

Each fractional owner is entitled to 45 days of use per year in their unit. These days can be used personally, partially rented, or fully rented to generate income.

What is the price for a 1/8 fractional share?

The price for a 1/8 fractional share in a one-bedroom unit at Smart Brickell is $81,000.

Is there guaranteed rental income?

Yes, the project offers guaranteed rental income regardless of actual occupancy, providing a stable financial return for investors.

What is the monthly HOA fee?

The monthly HOA fee for a 1/8 fractional share is $70.

Monthly Fees & Carrying Costs

Association Fee $70 / month
Total Monthly Fees $70 / month
  • Membership Required: No
  • Application Fee: $150 (one-time)

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  • Address: 9th St
  • City: Miami
  • State/county: Miami-Dade County
  • Zip/Postal Code: 33130
  • Area: Smart Brickell

Details

Updated on July 6, 2026 at 1:48 pm
  • Property ID A11946293
  • Price $81,000
  • Property Size 571 Sq Ft
  • Bedroom 1
  • Room 0
  • Bathroom 1
  • Garage 1
  • Year Built 2024
  • Type Condominium
  • Property Status Active, Residential

Additional details

  • Flooring Ceramic Floor
  • Bedroom Features Entry Level
  • Cooling Electric
  • Association Type Condo
  • Building Smart Brickell
  • Association Fee Frequency Monthly
  • Area Smart Brickell
  • Annual Tax 920
  • Association Yes
  • Private Pool No
  • Listing Terms All Cash
  • Waterfront No
  • Full Bathrooms 1
  • Subdivision Smart Brickell
  • Total Stories 26
  • Restrictions No Trucks/Rv'S
  • Maintenance Includes Air Conditioning Maintenance, Elevator
  • Amenities Elevator(s), Exercise Room, Pool
  • Parking 1 Space, Valet
  • Heating Electric
  • Structure Type Condo-Hotel, Condo
  • Tax Year 2025
  • Building Area 571
  • Covered Spaces 1
  • Unit Floor 21
  • View Other View
  • Year Built Details New Construction
  • Pets Allowed No
  • Attached Yes
  • Unit Number 1604
  • Half Bathrooms 0
  • Patio / Porch Deck
  • New Construction Yes
  • Garage Spaces 1
  • Style Condo-Hotel
  • Association Fee 70
  • Lot Size (Sq Ft) 0
  • Membership Purchase Required No

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