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Listed price in listed location currency (USD).
$99,900

110

MLS® A11976259

  • Key Facts
  • Description
  • Map

Key Facts

Type Condominium
Levels Residential
Size 465 sqft
Garage No
HOA Fees $204
Taxes $2,127
Days Active 0
Approx. Age 1930
Avg. Price Per Sqft $214
MLS® Number A11976259

Property Address: apt-306-1021 Nw 3rd St, Miami, FL, 33128-1195

Average square foot calculated using Size range provided by listing agent.

Description

INVESTMENT WITH 17.4% NET RETURN – $99, 000 – ALL CASH ONLY Unique opportunity at River Lofts Condo, Miami 33128. Income-producing investment offering an approximate 17.4% net annual return in Miami. Gross Annual Income: $21, 792 After deducting HOA fees ($204/month) and property taxes ($2, 127/year), the estimated net annual income is $17, 217, representing approximately a 17.4% annual net return. 1 Bedroom / 1 Bathroom condo located on the third floor at River Lofts Condo, Miami 33128. For only $99, 000, this 1/1 unit generates $1, 816 per month through the Section 8 program with automatic renewal, providing stable and consistent government-backed income from day one. The unit features tile flooring, strong natural light, and a city-facing window. Kitchen equipped with electric range and refrigerator. Street parking available. Strategically located minutes from Brickell, Downtown Miami, Wynwood, and South Beach — in one of Miami’s fastest-growing and developing areas. The seller needs to relocate out of the country and is motivated to sell. This is a genuine opportunity to purchase at a competitive price. Properties under $100K in Miami delivering this level of return do not last on the market. Serious investors — submit your offer promptly. Ideal for investors seeking immediate cash flow and long-term stability. If you’re looking for a property that produces income from day one, this is your opportunity.
MLS® NumberA11976259
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1930
Stories3
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 4, 2026List Date
$99,900List Price
Feb 3, 2025End Date
$123,000Sold Price

Sold

Dec 18, 2024List Date
$126,000List Price

Home Appraisal

This property is estimated to sell between: $99,000 and $157,000.
Similar properties in this area sold on average for: $137,333
Expected to sell in 136 days. Similar properties sold in 136 days. This home has been on eXp Realty for 0 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

  • Commute

Commute

Starting Address
Destination Address
1021 Nw 3 Rd St, Miami, FL

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