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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This listing is courtesy of EXP Realty LLC.

Listing data courtesy of MIAMI Association of REALTORS (RAPB/GFLR) via Bridge Interactive. Copyright SEFMLS © 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, is a violation of the terms of use, and may violate federal and state law.

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

Details

Updated on October 15, 2026 at 2:38 am
  • 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

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

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