Basic Information

  • MLS # A11814625
  • Type Condominium
  • Status Active
  • Subdivision/Complex River Lofts Condo
  • Year Built 1930
  • Total Sqft 465
  • Date Listed 06/03/2025
  • Days on Market 43
Description

his 1-bedroom, 1-bathroom apartment is located on the 3rd floor and offers an exceptional investment opportunity with strong returns and low overhead. ?? High CAP rate of 18%, with Airbnb and short-term rentals now approved ?? Currently rented for $1,816/month through Section 8, ensuring immediate cash flow ?? Low HOA fees – only $204.28/month ?? Newer roof – only 3 years old ?? Strategically located near Brickell, Downtown Miami, Wynwood, and South Beach ?? Situated in one of Miami’s fastest-growing neighborhoods Ideal for cash buyers looking for turnkey rental income with future appreciation potential.

Amenities

  • None

Exterior Features

  • Waterfront No
  • Parking Spaces 0
  • Pool No
  • View None
  • Construction Type Block
  • Parking Description On Street
  • Exterior Features None
  • Style Condominium

Interior Features

  • Adjusted Sqft 465Sq.Ft
  • Cooling Description Ceiling Fans, Wall Window Units
  • Equipment Appliances Built In Oven, Electric Range
  • Floor Description Tile
  • Heating Description Electric
  • Interior Features Bedroom On Main Level, Third Floor Entry
  • Sqft 465 Sq.Ft

Property Features

  • Address 1021 NW 3rd St #306
  • Aprox. Lot Size 465
  • Association Fee Frequency Monthly
  • City Miami
  • Construction Materials Block
  • County Miami- Dade
  • Furnished Info no
  • Listing Terms Cash
  • Occupant Type Tenant
  • Parking Features On Street
  • Pets Allowed No
  • Possession Close Of Escrow
  • Postal City Miami
  • Public Survey Township 2
  • HOA Fees $200
  • Subdivision Complex River Lofts Condo
  • Subdivision Info River Lofts Condo
  • Tax Amount $2,270
  • Tax Legal desc R I V E R L O F T S C O N D O U N I T306 U N D I V3.904% I N T I N C C O M M O N E L E M E N T S O F F R E C25960-2600 C O C26068-16361120071
  • Tax Year 2024
  • Terms Considered Cash
  • Type of Property Condominium
  • View None
  • Year Built Details Unknown

1021 NW 3rd St #306

Miami, FL 33128

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The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Xcellence Realty. tel: 866-595-6025

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