1021 NW 3rd St #306, Miami, FL 33128
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1021 NW 3rd St #306,Miami, FL 33128
$95,000
- 1 Beds
- 1 Baths
- - sq. ft.
- Condominium
- Sold
Listed by: carolina montoya
Office: xcellence realty866-595-6025
MLS#:A11976259
Source:SEFMLS
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Price summary
- Price:$95,000
- Monthly HOA dues:$204
About this home
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....
Contact an agent
Home facts
- Year built:1930
- Listing ID #:A11976259
- Updated:May 10, 2026 at 07:02 AM
Rooms and interior
- Bedrooms:1
- Total bathrooms:1
- Full bathrooms:1
Heating and cooling
- Cooling:Electric
- Heating:Electric
Structure and exterior
- Year built:1930
- Construction Materials:Block
Finances and disclosures
- Price:$95,000
- Tax amount:$2,127 (2025)
Features and amenities
- Appliances:Electric Water Heater
- Amenities:Complex Fenced
Parking
- Parking description:On Street
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