1021 NW 3rd Unit 306, Miami, FL 33128
- $123,000
- 1
- BD
- 1
- BA
- 465
- SqFt
- Sold Price
- $123,000
- List Price
- $126,000
- Closing Date
- Feb 13, 2025
- MLS#
- A11711913
- Status
- CLOSED
- Bedrooms
- 1
- Bathrooms
- 1
- Sq. Ft
- 465
- Subtype
- Condominium
- County
- Miami-Dade
- Subdivision
- River Lofts Condo
- Region
- 2410
- Year Built
- 1930
Property Description
fantastic investment opportunity! apt 1/1 Located on the 3rd floor With its prime location, high cap rate, and low HOA fees. Roof is 3-year-old, it's an appealing option for anyone looking to get into the Miami real estate market. Close to major attractions like Brickell, Downtown Miami, Wynwood, and South Beach. Airbnb and short-term rentals just approved, with a current 18% cap rate. Currently generating $1,800/month through Section 8, offering immediate cash flow. Situated in one of Miami’s fastest developing areas. Low HOA/maintenance fees of just $163/month. It's definitely a property that could be worth considering, especially for cash buyers looking for a ready-made income stream and potential for future growth. open house Saturday 02/01/2025 at 10am to 10;30am
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Additional Information
- Heating
- Electric, Wall Furnace
- Cooling
- Electric, Wall/Window Unit(s)
- Exterior Features
- None
- Construction
- Block, Concrete
- Living Area
- 465
- Pets Allowed
- Size Limit, Yes
Mortgage Calculator
Listing courtesy of Echo International Realty, LLC.. Contact:
Selling Office: Xcellence Realty.