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$129,999

1021 NW 3rd St # 301

1 Bed 1 Full Bath

465 Sq.Ft.

Description

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 $1,857/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 $184.88/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.

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Location

1021 NW 3rd St # 301, Miami, FL 33128

Status

For Sale

Features & Amenities

Interior

  • total bedrooms1
  • full bathroom1
  • Flooring Tile
  • APPLIANCES Electric Water Heater, Electric Range, Refrigerator
  • other interior Features Third Floor Entry

Area & Lot

  • Status For Sale
  • Living Area465 Sq.Ft.
  • MLS® IDA11711851
  • TypeCondo
  • YEAR BUILT1930
  • NeighborhoodMiami River
  • View DescriptionOther View

Exterior

  • STORIES3
  • parkingOn Street
  • HEAT TYPEElectric, Window/Wall
  • AIR CONDITIONINGElectric, Wall/Window Unit(s)
  • HOA AmenitiesLaundry
  • security FeaturesOther
  • other exterior FeaturesNone, Other

Financial

  • Sales Price$129,999
  • Real Estate Tax $2,087 yearly
  • Maintenance Fee $185 monthly
  • HOA Fees $185 monthly
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We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.

Schedule a Showing

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.

Thank you for your interest in 1021 NW 3rd St # 301, Miami, FL 33128. We are reviewing your request and will be in touch shortly!
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Miami River

Just minutes away from Brickell and Downtown Miami, the Miami River is mirroring the growth taking place.

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