Share this with your friends
+15612133367
Save Now Realty
1021 NW 3rd Street Unit 306, Miami, FL 33128
- $95,000
- 1
- BD
- 1
- BA
- 465
- SqFt
- Sold Price
- $95,000
- List Price
- $99,900
- Days on Market
- 27
- Closing Date
- Apr 30, 2026
- MLS#
- A11976259
- Bedrooms
- 1
- Full Bathrooms
- 1
- Sq. Ft
- 465
- Subtype
- Condominium
- County
- Miami-Dade
- Subdivision
- River Lofts Condo
- Year Built
- 1930
Property Description
INVESTMENT WITH 17.4% NET RETURN – $99,000 – ALL CASH ONLYUnique opportunity at River Lofts Condo, Miami 33128.Income-producing investment offering an approximate 17.4% net annual return in Miami.Gross Annual Income: $21,792After 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.
Additional Information
- Hoa
- Yes
- Hoa Amount
- 204
- Pets Allowed
- Yes
- Construction
- Block
- Cooling
- Electric
- Flooring
- Laminate
- Heating
- Electric
- Restrict
- NoRestrictions
- Security
- Security Fence
- Taxes
- $2,127
- View
- Other
- Amenities
- None
- Stories
- 3
- Price Per Sqft
- $204
- Elementary School
- Riverside (Miami-Dade)
- Middle School
- Jose De Diego
- High School
- Booker T. Washington
Discover What Your Home Could Be Worth
Request a complimentary CMA and receive your home value estimate by email.
Enter your property address below to get started. If you are thinking about selling, Save Now Realty can provide a more detailed Comparative Market Analysis using recent comparable sales, active listings, property characteristics, and current local market conditions.
Mortgage Calculator
Listing courtesy of Xcellence. Contact:
Selling Office: Horizon Homes Realty Corp.
All listings featuring the BMLS logo are provided by Beaches MLS Inc. Copyright 2026 Beaches MLS. This information is not verified for authenticity or accuracy and is not guaranteed. © 2026 Beaches Multiple Listing Service, Inc. All rights reserved.
Agent: Carolina Montoya | Email: carolinamont4@gmail.com