1
  • Type
  • Condominium
  • 1
  • Bedroom
  • 1
  • Bathroom
  • 0
  • Garage
  • 465 Square Feet
  • Area Size
1021 NW 3rd St # 306, Miami FL 33128 | Miami-Dade County | A11976259
  • $99,900

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.

  • Address: 3rd St
  • City: Miami
  • State/county: Miami-Dade County
  • Zip/Postal Code: 33128
  • Area: RIVER LOFTS CONDO

Details

Updated on March 7, 2026 at 3:48 am
  • Property ID A11976259
  • Price $99,900
  • Property Size 465 Square Feet
  • Bedroom 1
  • Bathroom 1
  • Garage 0
  • Year Built 1930
  • Type Condominium
  • Property Status Residential

Additional details

  • AssociationAmenities None
  • AssociationFee 204
  • AssociationFeeFrequency Monthly
  • BathroomsFull 1
  • BathroomsHalf 0
  • BuildingAreaTotal 465
  • BuildingAreaUnits Square Feet
  • BuildingName River Lofts Condominium
  • CarportSpaces 0
  • ConstructionMaterials Concrete Block Construction
  • ContractStatusChangeDate 2026-03-04
  • Cooling Electric
  • CoveredSpaces 0
  • DaysOnMarket 2
  • EntryLevel 3
  • ExpirationDate 2026-11-26
  • Heating Electric
  • InternetAddressDisplayYN 1
  • InternetEntireListingDisplayYN 1
  • ListAOR A-Miami Association of REALTORS
  • ListAgentDirectPhone 954-873-7365
  • ListingTerms All Cash
  • LotSizeSquareFeet 0
  • MLSAreaMajor River Lofts Condo
  • MajorChangeTimestamp March 4, 2026 at 02:14pm
  • MajorChangeType New
  • MlsStatus Active
  • ModificationTimestamp March 6, 2026 at 06:30pm
  • OnMarketDate 2026-03-04
  • OriginalEntryTimestamp March 4, 2026 at 02:14pm
  • OriginalListPrice 99900
  • OriginatingSystemID miamire
  • OriginatingSystemKey miamire
  • OriginatingSystemName Miami Association of REALTORS®
  • OtherExpense 0
  • ParcelNumber 01-41-02-082-0180
  • ParkingFeatures On Street
  • PetsAllowed Maximum 20 Lbs
  • PhotosChangeTimestamp March 4, 2026 at 02:18pm
  • PhotosCount 1
  • PostalCodePlus4 1195
  • PriceChangeTimestamp March 4, 2026 at 02:14pm
  • PublicSurveyRange 41
  • PublicSurveySection 2
  • PublicSurveyTownship 41
  • RoomsTotal 0
  • SecurityFeatures Complex Fenced
  • ShowingInstructions 24 Hour Notice, Appointment Only, See Broker Remarks
  • SourceSystemKey 438070008
  • StateOrProvince FL
  • StatusChangeTimestamp March 4, 2026 at 02:14pm
  • StoriesTotal 3
  • StreetDirPrefix NW
  • StreetName 3rd St
  • StreetNumber 1021
  • StreetNumberNumeric 1021
  • StructureType Condo 1-4 Stories, Condo
  • SyndicationRemarks 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.
  • TaxAnnualAmount 2127
  • TaxLegalDescription RIVER LOFTS CONDO UNIT 306 UNDIV 3.904% INT INC COMMON ELEMENTS OFF REC 25960-2600 COC 26068-1636 11 2007 1
  • TaxYear 2025
  • UnitNumber 306
  • View Other View
  • YearBuiltDetails Effective Year Built

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Christopher Lazaro

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