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Sold
Sold on April 30, 2026

1021 NW 3RD ST, Unit 306

$99,900
$95,000
1 Beds
1 Baths
465 sqft
0 Parkings
HOA fees:
$204
Annual Tax:
$2,127
Occupancy:
Tenant
Year Built:
1930
Stories:
3
Days on market:
155 days ago

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.
Xcellence Realty

Features & Details

Learn about the features and details of 1021 NW 3RD ST, Unit 306

Property Details

  • Property Type
    Condominium
  • Living Area
    465 sqft
  • Year Built
    1930
  • Lot Size
    -
  • Stories
    3 Stories
  • Annual Tax
    $2,127
  • List Date
    3/4/2026
  • Updated
    5/23/2026
  • Last Checked
    Recent
  • MLS Number
    #A11976259
  • Brokerage
    Xcellence Realty
  • Postal Code
    33128
  • Area
    Miami-Dade
  • City
    Miami

Additional Property Features

  • Occupancy
    Tenant
  • List Price
    $99,900
  • Unit Number
    306
  • Construction
    Block
  • Heating
    Electric
  • Fireplaces
    -
  • Garage
    -
  • Parking Type
    On street
  • Pets Allowed
    SizeLimit,Yes
  • Air Conditioning
    Electric
  • Elevator
    No
  • Locker
    No
  • Swimming Pool
    No
  • Patio
    No
  • Basement
    No
  • Den
    No
  • Central Vacuum
    No
  • Garage Type
    No

Additional Listing Information

  • Walk Score
  • Property Manager
    -
  • Utilities Included
    Water
  • Furnished
    No
  • Assessment Year
    2025
  • Assignment
    No
  • Extras Included
    Electric water heater

Inside

  • Bedrooms & Baths
    1 Bed, 1 Bath
  • Bedrooms
    1
  • Full Bathrooms
    1
  • Ensuite
    Yes
  • Bathrooms
    1
  • Flooring
    Mixed

Price history

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Amenities

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  • None

Real estate trends

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Explore Miami-Dade

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FAQs About 1021 NW 3RD ST, Unit 306

1021 NW 3RD ST, Unit 306, MLS® A11976259 has a size of 465 sqft.

There are 1 bedrooms and 1 bathrooms in this Condo at 1021 NW 3RD ST, Unit 306, MLS® A11976259.

Annual taxes for this home are $2,127 based on 2025 tax year reports.

The monthly HOA fees covers water for the unit.

The building's pet policy is as follows: SizeLimit,Yes. Please contact the property manager or listing agent to confirm specific details, restrictions, and any associated fees that may apply.
Miami Association of REALTORS®
Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information.
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1021 NW 3RD ST, Unit 306