Pending

1021 NW 3rd St #306

Miami, FL 33128
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Bed 1

Bed

Bath 1

Bath

Acres465

Acres

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 elect ric 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.

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Detail Ic Property Details

Property Type : Residential

Price : $99,900

AD Id : 75877098

MLS Id : A11976259

Beds : 1

Living Area Size : 465

Year Built : 1930

County : Miami-Dade

Subdivision: Lawrence Estate Land

  • Map Map

Map

Feature Features

  • Bedroom Information

    Total beds: 1

    Bathroom Information

    Total Baths: 1 Full Baths: 1

    Flooring Information

    Laminate
  • Interior Features

    BedroomOnMainLevel, FirstFloorEntry
    Appliances: ElectricWaterHeater
  • Heating & Cooling

    Has Heating: Yes Heating: Electric Has Cooling: Yes Cooling: Electric

  • Building Information

    Year Built: 1930
    Building Area Total: 465
    Construction Materials: Block
    Private Pool: No
    View: Other
    Association Fee Frequency: Monthly
  • Exterior Features

    Exterior Features: None

  • Listing Price Information

    Listing Price: $99900
    Cash, Other

  • Tax Information

    Parcel Number: 01-41-02-082-0180 Tax Year: 2025 Annual Tax: $2127 Tax Legal Desc: RIVER LOFTS CONDO UNIT 306 UNDIV 3.904% INT INC COMMON ELEMENTS OFF REC 25960-2600 COC 26068-1636 11 2007 1

  • Parking Information

    OnStreet

    Garage Information

    Pets Allowed: SizeLimit, Yes

    Homeowners Association Information

    Included Fees: HotWater, Trash
    HOA: $204.00
    Association Amenities: None

  • Location Information

    Security Features: ComplexFenced
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At $214.84 per sq.ft.,this listing is priced below average compared to other condo from Miami.

The average condo price in Miami is $709260.88 with avg. price / sq.ft of $1313.00.

The average condo price in Miami-Dade County is $716061.88 with avg. price / sq.ft of $1318.43.

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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
218 NW 12th Ave #702, Miami, FL, 33128 $250,000 1 1 718 718 SqFt
225 N Miami Ave #1003, Miami, FL, 33128 $690,000 1 1 --
219 NW 12th Ave #607, Miami, FL, 33128 $280,000 2 2 794 794 SqFt
36 NW 6th Ave #502, Miami, FL, 33128 $345,000 2 2 940 940 SqFt
103 NW 6th Ave #2, Miami, FL, 33128 $215,000 2 1 693 693 SqFt
225 N Miami Avenue #3308, Miami, FL, 33128 $580,000 -- 1 469 469 SqFt
36 NW 6th Ave #601, Miami, FL, 33128 $355,000 2 2 984 984 SqFt
225 N Miami Ave #2508, Miami, FL, 33128 $469,000 -- 1 392 392 SqFt
1110 NW 1 St #703, Miami, FL, 33128 $354,000 1 1 622 622 SqFt
225 N Miami Ave #1102, Miami, FL, 33128 $570,000 1 1 558 558 SqFt

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 04/07/2026 @ 01:36

MLS: A11976259 LISTED BY: Carolina Montoya, Xcellence Realty 866-595-6025 SOURCE: SEFMIAMI

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