10
  • 1
  • Bedroom
  • 1
  • Bathroom
  • 465 Sq Ft
  • Area Size
1021 NW 3rd St # 206, Miami FL 33128 | Miami-Dade County | A12099820
  • $110,000

Description

CASH ONLY – AS-IS SALE – Showing by Appointment Only (24-Hour Notice Required) Spacious 1 Bedroom, 1 Bathroom Unit on the 2nd Floor. Unit with great potential in a high-demand area. Low HOA fees. Flexible rental options with minimum six-months or year lease. Just 5 minutes from Brickell, Downtown Miami, the Miami River, and major shopping centers. Fantastic investment opportunity!! currently generating $1,450/month till June 30, 2027, offering immediate cash flow. Building is in the process to pass 40-year recertification. Cash buyers looking for a ready-made income stream and potential for future growth.

Property Overview

This one-bedroom, one-bath condo at 1021 NW 3rd St # 206 offers 465 square feet of living space on the second floor of the River Lofts building in Miami. Constructed in 1930, the unit is listed for sale at $110,000 with a monthly HOA fee of $204. The property is sold cash-only, as-is, and requires 24-hour notice for appointments. The listing notes that the unit is currently generating $1,450 per month through June 30, 2027. The building is in the process of passing its 40-year recertification. Flexible rental options are available, with minimum leases of six months or one year. Located in a high-demand area, the property is five minutes from Brickell, Downtown Miami, the Miami River, and major shopping centers. For specific details regarding the building's recertification status or other non-public information, please call 305-859-4733.

Frequently Asked Questions

Is this property available for a mortgage or is it cash only?

This condo is a cash-only, as-is sale. Buyers should be prepared to close without financing.

What is the monthly HOA fee and what does it include?

The monthly HOA fee is $204. The building is currently in the process of passing its 40-year recertification.

How do I schedule a showing for this unit?

Showings are by appointment only and require 24-hour notice. To schedule a time or get specific details, please call 305-859-4733.

Is the unit currently occupied and does it have an existing lease?

Yes, the unit is currently generating $1,450 per month under a lease that runs through June 30, 2027. The building allows flexible rental options with a minimum six-month or year lease.

How far is the property from Brickell and Downtown Miami?

The address is just 5 minutes from Brickell, Downtown Miami, and the Miami River.

What is the size and layout of the unit?

The property is a 1-bedroom, 1-bathroom condo with 465 square feet of living area, located on the 2nd floor.

Monthly Fees & Carrying Costs

Association Fee $204 / month
Total Monthly Fees $204 / month
  • Membership Required: No
  • Application Fee: $150 (one-time)

Have a question about this Miami listing?

Talk directly with Christopher Lazaro, your Miami real estate advisor. No pressure — real answers.

  • Address: 3rd St
  • City: Miami
  • Zip/Postal Code: 33128

Details

Updated on October 3, 2026 at 2:44 am
  • Property ID A12099820
  • Price $110,000
  • Property Size 465 Sq Ft
  • Bedroom 1
  • Room 0
  • Bathroom 1
  • Year Built 1930
  • Property Status Active, Residential

Additional details

  • View Other View
  • Cooling Wall/Window Unit(s)
  • Heating Window/Wall
  • Tax Year 2025
  • Flooring Ceramic Floor
  • Unit Floor 2
  • Unit Number 206
  • Building RIVER LOFTS
  • Garage Spaces 0
  • Listing Terms Cash
  • Area River Lofts Condo
  • Total Stories 3
  • Waterfront No
  • Association Yes
  • Full Bathrooms 1
  • Half Bathrooms 0
  • Covered Spaces 0
  • Style Condo 1-4 Stories
  • Private Pool No
  • Structure Type Condo 1-4 Stories, Condo
  • Association Fee 204
  • Parking On Street
  • Subdivision RIVER LOFTS CONDO
  • Annual Tax 2265
  • Year Built Details Unknown
  • Building Area 465
  • Lot Size (Sq Ft) 0
  • Flood Zone AE
  • New Construction No
  • Attached Yes
  • Bedroom Features At Least 1 Bedroom Ground Level
  • Amenities None
  • Restrictions Corporate Buyer OK, No Restrictions
  • Construction Concrete Block Construction
  • Pets Allowed No
  • Association Fee Frequency Monthly
  • Association Type Homeowners
  • Maintenance Includes Sewer, Water
  • Membership Purchase Required No

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