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$120,000

1021 NW 3rd St # 302

1 Bed 1 Full Bath

465 Sq.Ft.

Description

BEST PRICED renovated condo in West Brickell/Little Havana! - SHORT TERM rentals & AIRBNB JUST APPROVED! Offering an exceptional 15% Cap Rate with low HOA/maintenance of just $162. This third floor 1-bedroom, 1-bathroom unit in beautiful Art Deco building is currently rented on SECTION 8 through March 2026 for $1,600/mo. RENTALS IN BLDG RANGE FROM $1600-2000/MO. Located by the Miami River, River Lofts is within walking distance from Brickell /Downtown Miami. Close to Wynwood, South Beach and major highways and public transport, this property is ideally positioned for growth and rental demand. Cash only, sold AS-IS. Seize this opportunity for immediate cash flow and long-term appreciation in one of Miami's most rapidly developing areas.

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Location

1021 NW 3rd St # 302, Miami, FL 33128

Status

Sold

Features & Amenities

Interior

  • total bedrooms1
  • full bathroom1
  • Flooring Tile
  • APPLIANCES Other Equipment/Appliances
  • other interior Features Other

Area & Lot

  • Status Sold
  • Living Area465 Sq.Ft.
  • MLS® IDA11780119
  • TypeCondo
  • YEAR BUILT1930
  • NeighborhoodMiami River
  • View DescriptionOther View, Skyline

Exterior

  • STORIES3
  • parkingOn Street
  • HEAT TYPEOther
  • AIR CONDITIONINGOther, Wall/Window Unit(s)
  • HOA AmenitiesNone
  • security FeaturesComplex Fenced
  • other exterior FeaturesOther

Financial

  • Sales Price$120,000
  • Real Estate Tax $2,270 yearly
  • HOA Fees $204 monthly
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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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