1021 NW 3rd St #306

Miami, FL 33128
$129,999
465 sqft | 1 bed | 1 bath | #A11711913

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 $1,800/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.

  • Property Details
      • Interior:Third Floor Entry
      • Bedrooms:1
      • Bathrooms:1
      • Full Baths:1
      • Stories:3
      • Square Feet:465
      • Parking type:On Street
      • Property type:Purchase
      • Year built:1930
      • Subdivision:RIVER LOFTS CONDO
      • County:Miami-Dade County
      • Hoa fees:185
      • MLS #:A11711913
      • Cost:129999
      • Property subtype:Condominium
      • MLS #:A11711913
      • Structure type:Condo

Location

Lifestyle International RealtyReal Estate Group
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years

Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
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monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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