1021 NW 3rd St # 306, Miami FL 33128 | Miami-Dade County | A11814625

$143,000

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.

Address

Open on Google Maps

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

Details

Updated on August 3, 2025 at 4:09 pm

Property ID A11814625
Price $143,000
Property Size 465 Square Feet
Bedroom 1
Bathroom 1
Garage 0
Year Built 1930
Type Condominium
Property Status Residential

Additional details

AssociationAmenities None
AssociationFee 200
AssociationFeeFrequency Monthly
BathroomsFull 1
BathroomsHalf 0
BuildingAreaTotal 465
BuildingAreaUnits Square Feet
BuildingName River Lofts Condo
CarportSpaces 0
ConstructionMaterials Concrete Block Construction
ContractStatusChangeDate 2025-06-03
Cooling Ceiling Fan(s),Wall/Window Unit(s)
CoveredSpaces 0
DaysOnMarket 1
EntryLevel 3
Flooring Tile
Heating Electric
InternetAddressDisplayYN 1
InternetEntireListingDisplayYN 1
LaundryFeatures Common Area
ListAOR A-Miami Association of REALTORS
ListAgentDirectPhone 954-873-7365
ListAgentEmail carolinamont4@gmail.com
ListAgentFullName Carolina Montoya
ListAgentKey dcb503c7f1a1f99e7577dd5a07751c83
ListAgentMlsId 3348109
ListAgentOfficePhone 866-595-6025
ListAgentStateLicense 3348109
ListOfficeFax 800-595-0185
ListOfficeKey b48c97dd1054a48da4bd2a22f074fc87
ListOfficeMlsId XCEL01
ListOfficeName Xcellence Realty
ListOfficePhone 866-595-6025
ListingAgreement Exclusive Right To Sell
ListingContractDate 2025-06-03
ListingKey 50c240d57252f92d0c472d0b1c402827
ListingTerms Cash
LotSizeSquareFeet 0
MLSAreaMajor River Lofts Condo
MajorChangeTimestamp June 3, 2025 at 11:45pm
MajorChangeType New
MlsStatus Active
ModificationTimestamp June 4, 2025 at 11:47pm
OnMarketDate 2025-06-03
OriginalEntryTimestamp June 3, 2025 at 11:45pm
OriginalListPrice 143000
OriginatingSystemID miamire
OriginatingSystemKey miamire
OriginatingSystemName Miami Association of REALTORS®
OtherExpense 0
ParcelNumber 01-41-02-082-0180
ParkingFeatures On Street
PetsAllowed No
PhotosChangeTimestamp June 3, 2025 at 11:46pm
PhotosCount 3
PostalCodePlus4 1192
PriceChangeTimestamp June 3, 2025 at 03:08am
PublicSurveyRange 41
PublicSurveySection 2
PublicSurveyTownship 41
RoomsTotal 0
SecurityFeatures Other
ShowingInstructions See Broker Remarks,Showing Assist
SourceSystemKey 412337933
StateOrProvince FL
StatusChangeTimestamp June 3, 2025 at 11:45pm
StoriesTotal 3
StreetDirPrefix NW
StreetName 3rd St
StreetNumber 1021
StreetNumberNumeric 1021
StructureType Condo 1-4 Stories,Condo
SyndicationRemarks 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.
TaxAnnualAmount 2270
TaxLegalDescription RIVER LOFTS CONDO UNIT 306 UNDIV 3.904% INT INC COMMON ELEMENTS OFF REC 25960-2600 COC 26068-1636 11 2007 1
TaxYear 2024
UnitNumber 306
View None
YearBuiltDetails Unknown