1021 NW 3rd St #306

Miami,FL 33128

$ 123000

$ 126000 2.4%

1 Bed

1 Bath

465 SqFt


Key Details

Sold Price $123,0002.4%

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

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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