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MLS ID: A11976259
List price: $ 99 900
Sold price: $ 95 000 (-5%)
Status: Closed
Listing date: 03/04/2026
Closing date: 04/30/2026
Days on market: 57
Sold price per unit of area: $ 204 /sqft

River Lofts Condominium 306

#MLS: A11976259
$ 99 900
River Lofts Condominium Unit 306, Miami

Property details and amenities

Listing date03/04/2026
CityMiami, FL 33128
Address1021 NW 3rd St, #306
Area465 sqft
Tax/year$ 2 127
HOA$204/Monthly
Built year1930
Bedrooms1
Bathrooms1

Property description

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 Miamis 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 youre looking for a property that produces income from day one, this is your opportunity.

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