$99,90027 days on marketClosed

1021 NW 3rd Street 306, Miami, FL 33128

Miami, FL 33128

Beds

Baths

465

Sq Ft

$215

$/Sq Ft

1930

Year Built

Listing Snapshot

List Price	$99,900
Price / Sq Ft	$215
Beds	1
Baths	1
Living Area	465 sqft

Year Built	1930
Property Tax	$2,127/yr
HOA / Condo Fee	$204 / monthly
MLS #	1154305322
Status	Closed
Days on Market	27

About This Home

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.