River Lofts Condo 1 bedroom Condo For Sale
1021 Nw 3rd St, Unit 306, Miami, FL 33128

$99,900
New For Sale
Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker

Details


  • MLS Number:A11976259
  • Unit Number:306
  • List Price: $99,900
  • Living Area: 465 Ft² / 43 M²
  • Price Per Foot/Meter: $215 / $2,313
  • Bedrooms:1
  • Full Baths:1
  • Maintenance:$204
  • Taxes:$2,127
  • Year Built:1930
  • Listing Date:March 4, 2026

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 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.

Features


  • Floor:Laminate
  • Interior Feature:BedroomOnMainLevel, FirstFloorEntry
  • Exterior Feature:None

Location


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Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker