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1021 NW 3rd St #306 Miami, FL 33128
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Key Details
Sold Price $123,000
Property Type Condo
Sub Type Condominium
Listing Status Sold
Purchase Type For Sale
Square Footage 465 sqft
Price per Sqft $264
Subdivision River Lofts Condo
MLS Listing ID A11711913
Sold Date 02/13/25
Style None
Bedrooms 1
Full Baths 1
Construction Status Resale
HOA Fees $163/mo
HOA Y/N Yes
Year Built 1930
Annual Tax Amount $2,270
Tax Year 2023
Contingent Association Approval
Property Sub-Type Condominium
Property Description
fantastic investment opportunity! apt 1/1 Located on the 3rd floor With its prime location, high cap rate, and low HOA fees. Roof is 3-year-old, it's an appealing option for anyone looking to get into the Miami real estate market. Close to major attractions like Brickell, Downtown Miami, Wynwood, and South Beach. Airbnb and short-term rentals just approved, with a current 18% cap rate. Currently generating $1,800/month through Section 8, offering immediate cash flow. Situated in one of Miami's fastest developing areas. Low HOA/maintenance fees of just $163/month. It's definitely a property that could be worth considering, especially for cash buyers looking for a ready-made income stream and potential for future growth. open house Saturday 02/01/2025 at 10am to 10;30am
Location
State FL
County Miami-dade
Community River Lofts Condo
Area 41
Interior
Interior Features Third Floor Entry, Upper Level Primary
Heating Electric, Wall Furnace
Cooling Electric, Wall/Window Unit(s)
Flooring Tile
Appliance Electric Range, Refrigerator
Exterior
Exterior Feature None
Amenities Available None
View Y/N No
View None
Garage No
Private Pool Yes
Building
Architectural Style None
Structure Type Block
Construction Status Resale
Others
Pets Allowed Size Limit, Yes
HOA Fee Include Maintenance Grounds,Maintenance Structure,Sewer,Water
Senior Community No
Tax ID 01-41-02-082-0180
Security Features Other
Acceptable Financing Assumable, Cash
Listing Terms Assumable, Cash
Financing Cash
Pets Allowed Size Limit, Yes
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Bought with Xcellence Realty