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  • Type
  • Condominium
  • 2
  • Bedrooms
  • 2
  • Bathrooms
  • 1
  • Garage
  • 809 Sq Ft
  • Area Size
Active Residential Active
239 SW 9th St # 2303, Miami FL 33130 | Miami-Dade County | A11946262
  • $100,000

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 2-bedroom, 2-bathroom condo at 239 SW 9th St #2303 is part of the Smart Brickell project, a new 2024 development in the heart of Miami. With 809 square feet of living space, the unit offers a modern layout suited for efficiency and comfort. Located on the 23rd floor, the unit is part of a co-ownership model in which the property is owned equally by eight individuals, with each owner holding a 1/8 share. Each fractional owner receives 45 days of personal use per year, which they can split between their own visits and rental income. The developer, who is also one of the co-owners, manages the property including reservations, cleaning, and maintenance, making this a truly hands-off investment. HOA fees are $115 per month, and the purchase price for the 1/8 share is $100,000. This model is designed for predictability and passive income, offering guaranteed rental income regardless of actual occupancy. The unit is part of the Smart Brickell subdivision, and all eight owners are listed on the title through a master holding company. Buyers are welcome to use their share of the property or rent it fully—especially during high-demand periods like December. For more details or to understand how this model works for you, call 305-859-4733.

Frequently Asked Questions

How many bedrooms and bathrooms does the unit have?

The unit has 2 bedrooms and 2 full bathrooms.

What is the size of the living area?

The living area is 809 square feet.

How does the co-ownership model work for this property?

The property operates under a co-ownership model with eight owners per unit. Each owner holds a 1/8 fractional interest, and all costs, including the purchase price, expenses, and maintenance, are divided proportionally among the eight owners.

What are the HOA fees?

The monthly HOA fee is $115.

How is the property managed?

The developer, who is also one of the co-owners, manages the property. This includes reservations, cleaning, maintenance, and day-to-day operations, providing a hands-off experience for investors.

What usage rights do I get with my ownership?

Each ownership share includes 45 days of use per year, which can be used personally, partially rented, or fully rented to generate income.

Monthly Fees & Carrying Costs

Association Fee $115 / month
Total Monthly Fees $115 / month
  • Membership Required: No
  • Application Fee: $150 (one-time)

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Address

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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 7, 2026 at 12:55 am
  • Property ID A11946262
  • Price $100,000
  • Property Size 809 Sq Ft
  • Bedrooms 2
  • Room 0
  • Bathrooms 2
  • Garage 1
  • Year Built 2024
  • Type Condominium
  • Property Status Active, Residential

Additional details

  • Flooring Ceramic Floor
  • Bedroom Features Entry Level
  • Cooling Electric
  • Association Type Homeowners
  • Building Smart Brickell
  • Association Fee Frequency Monthly
  • Area Smart Brickell
  • Annual Tax 1239
  • Association Yes
  • Private Pool No
  • Listing Terms All Cash
  • Waterfront No
  • Full Bathrooms 2
  • Subdivision Smart Brickell
  • Total Stories 26
  • Restrictions Exterior Alterations, No Trucks/Rv'S
  • Maintenance Includes Air Conditioning Maintenance, All Amenities, Elevator
  • Amenities Elevator(s), Exercise Room, Pool
  • Parking 1 Space, Valet
  • Heating Electric
  • Structure Type Condo-Hotel, Condo
  • Tax Year 2025
  • Building Area 809
  • Covered Spaces 1
  • Unit Floor 23
  • View Other View
  • Year Built Details New Construction
  • Pets Allowed No
  • Attached Yes
  • Unit Number 2303
  • Half Bathrooms 0
  • Patio / Porch Deck
  • New Construction Yes
  • Garage Spaces 1
  • Style Condo-Hotel
  • Association Fee 115
  • Lot Size (Sq Ft) 0
  • Membership Purchase Required No

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