1021 NW 3rd St # 306, Miami FL 33128 | Miami-Dade County | A11976259
- $99,900
- $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
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Address: 3rd St
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City: Miami
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State/county: Miami-Dade County
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Zip/Postal Code: 33128
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Area: RIVER LOFTS CONDO
Details
Updated on March 7, 2026 at 3:48 am-
Property ID A11976259
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Price $99,900
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Property Size 465 Square Feet
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Bedroom 1
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Bathroom 1
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Garage 0
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Year Built 1930
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Type Condominium
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Property Status Residential
Additional details
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AssociationAmenities None
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AssociationFee 204
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AssociationFeeFrequency Monthly
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BathroomsFull 1
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BathroomsHalf 0
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BuildingAreaTotal 465
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BuildingAreaUnits Square Feet
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BuildingName River Lofts Condominium
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CarportSpaces 0
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ConstructionMaterials Concrete Block Construction
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ContractStatusChangeDate 2026-03-04
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Cooling Electric
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CoveredSpaces 0
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DaysOnMarket 2
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EntryLevel 3
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ExpirationDate 2026-11-26
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Heating Electric
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InternetAddressDisplayYN 1
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InternetEntireListingDisplayYN 1
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ListAOR A-Miami Association of REALTORS
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ListAgentDirectPhone 954-873-7365
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ListingTerms All Cash
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LotSizeSquareFeet 0
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MLSAreaMajor River Lofts Condo
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MajorChangeTimestamp March 4, 2026 at 02:14pm
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MajorChangeType New
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MlsStatus Active
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ModificationTimestamp March 6, 2026 at 06:30pm
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OnMarketDate 2026-03-04
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OriginalEntryTimestamp March 4, 2026 at 02:14pm
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OriginalListPrice 99900
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OriginatingSystemID miamire
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OriginatingSystemKey miamire
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OriginatingSystemName Miami Association of REALTORS®
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OtherExpense 0
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ParcelNumber 01-41-02-082-0180
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ParkingFeatures On Street
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PetsAllowed Maximum 20 Lbs
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PhotosChangeTimestamp March 4, 2026 at 02:18pm
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PhotosCount 1
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PostalCodePlus4 1195
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PriceChangeTimestamp March 4, 2026 at 02:14pm
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PublicSurveyRange 41
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PublicSurveySection 2
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PublicSurveyTownship 41
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RoomsTotal 0
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SecurityFeatures Complex Fenced
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ShowingInstructions 24 Hour Notice, Appointment Only, See Broker Remarks
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SourceSystemKey 438070008
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StateOrProvince FL
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StatusChangeTimestamp March 4, 2026 at 02:14pm
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StoriesTotal 3
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StreetDirPrefix NW
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StreetName 3rd St
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StreetNumber 1021
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StreetNumberNumeric 1021
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StructureType Condo 1-4 Stories, Condo
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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.
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TaxAnnualAmount 2127
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TaxLegalDescription RIVER LOFTS CONDO UNIT 306 UNDIV 3.904% INT INC COMMON ELEMENTS OFF REC 25960-2600 COC 26068-1636 11 2007 1
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TaxYear 2025
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UnitNumber 306
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YearBuiltDetails Effective Year Built
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