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Investment Opportunity

Miami Investmens

1021 NW 3rd St # 306 Miami FL 33128 MLS #A11814625

1021 NW 3rd St # 306
Miami, FL, 33128
$143,000
1 Beds
1 Bathrooms
465 SqFt
0 Acres
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$143,000
1021 NW 3rd St # 306
Miami, FL, 33128
MLS #A11814625 image #0MLS #A11814625 image #1MLS #A11814625 image #2

Project Description

his 1-bedroom, 1-bathroom apartment is located on the 3rd floor and offers an exceptional investment opportunity with strong returns and low overhead.

?? High CAP rate of 18%, with Airbnb and short-term rentals now approved
?? Currently rented for $1,816/month through Section 8, ensuring immediate cash flow
?? Low HOA fees – only $204.28/month
?? Newer roof – only 3 years old
?? Strategically located near Brickell, Downtown Miami, Wynwood, and South Beach
?? Situated in one of Miami’s fastest-growing neighborhoods

Ideal for cash buyers looking for turnkey rental income with future appreciation potential.

Property Details

Price:
$143,000
MLS #:
A11814625
Status:
Active
Beds:
1
Baths:
1
Type:
Condo
Subtype:
Condominium
Subdivision:
RIVER LOFTS CONDO
Neighborhood:
River Lofts Condo
Listed Date:
Jun 3, 2025
Finished Sq Ft:
465
Total Sq Ft:
465
Year Built:
1930
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Schools

Interior

Appliances
Electric Range, Wall Oven
Bathrooms
1 Full Bathroom
Cooling
Ceiling Fan(s), Wall/Window Unit(s)
Flooring
Tile
Heating
Electric
Laundry Features
Common Area

Exterior

Association Amenities
None
Construction Materials
Concrete Block Construction
Exterior Features
None
Parking Features
On Street
Security Features
Other

Financial

HOA Fee
$200
HOA Frequency
Monthly
Tax Year
2024
Taxes
$2,270

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Quick Information

Profitability of the Property

Net Monthly Income:
Annual Profitability of:
1021 NW 3rd St # 306
Miami, FL