Active

1021 NW 3rd St # 306

Miami FL, 33128

$129,999


$279.57 per sqft

Active

1 Bed

1 Bath

465 sqft

Condos

Built in 1930

fantastic investment opportunity! aPT 1/1 Located on the 3rd floor With its prime location, high cap rate, and low HOA fees, 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 15% cap rate.Currently generating $1,800/month through Section 8, offering immediate cash flow. Situated in one of Miami's fastest developing areas, ensuring long-term appreciation. Low HOA/maintenance fees of just $162/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.

A11711913

MLS ID

December 18, 2024

Listed

December 21, 2024

Updated

Map

1021 NW 3rd St # 306
Miami FL, 33128

Interior Features

Total Stories

3


Bedrooms

1


Total Bathrooms

1


Full Bathrooms

1


Interior Features

Third Floor Entry


Appliances

Electric Range, Refrigerator


Floor Description

Tile


Fireplace

No


Cooling

Yes


Cooling Description

Electric, Wall/Window Unit(s)


Heating

Yes


Heating Description

Electric, Window/Wall

Exterior/Building Features

Exterior Features

None

Other Property Details

Area Name

River Lofts Condo


Taxes

$2,270


Tax Frequency

Annually


Days on Market

3


Association Fee

$162


Association Fee Frequency

Monthly


Association Amenities

None


Garage

No


Parking

On Street


View

No


View Description

None


County

Miami-Dade County


Pool

No

Listed by:  Echo International Realty, LLC.
Listing Contact: 305-731-1242 

Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS.  All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. 

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Data last updated 3:57 PM UTC, 12/21/2024.

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