Description
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,...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.
Property Details for 1021 Northwest 3rd Street, Unit 306
Property Details for 1021 Northwest 3rd Street, Unit 306
| Status | Active |
|---|---|
| MLS # | A11976259 |
| Days on Market | 3 |
| Taxes | $2,127 / year |
| HOA Fees | $204 / month |
| Condo/Co-op Fees | - |
| Compass Type | Condo |
| MLS Type | Condo/Co-Op/Villa/Townhouse / Condo |
| Year Built | 1930 |
| County | Miami-Dade County |
Location
Building Information for 1021 Northwest 3rd Street, Unit 306
Payment Calculator
$868 per month
30 year fixed, 6.15% Interest
$487
$177
$204
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1Property Information for 1021 Northwest 3rd Street, Unit 306
- Parcel Number Free Text: 01-41-02-082-0180
- Parcel Number MLX: 0180
- MLS Area: 41
- Municipal Code: 2
- Township Range: 41
- Section: 2
- Subdivision Number: 82
- Subdivision Complex Bldg: River Lofts Condominium
- Unit Floor Location: 3
- Total Floors In Building: 3
- Num Garage Spaces: 0
- Num Carport Spaces: 0
- Carport Spaces: 0
- Parking Description: Street Parking
- Housing Older Persons Act: No HOPA
- Property Detached: No
- Minimum Num of Days for Lease: 1
- Num Times Leased Year: 365
- Type of Governing Bodies: Condominium
- Unit Design: None
- Construction: Concrete Block Construction
- Construction Type: Concrete Block Construction
- Flooring: Laminate Floors
- Floor Description: Laminate Floors
- Security Information: Complex Fenced
- Bedroom Description: At Least 1 Bedroom Ground Level, Entry Level
- Heating Description: Electric Heat
- Cooling Description: Electric Cooling
- Pets Allowed: Yes
- Pets Allowed: Yes
- Pet Restrictions: Maximum 20 Lbs
- Guest Accommodations: No
- Room Count: 0
- Interior Features: First Floor Entry
- Equipment Appliances: Electric Water Heater
- Exterior Features: None
- Maintenance Includes: Hot Water, Trash Removal
- Amenities: No Amenities
- Type of Association: Condo
- Assoc Fee Paid Per: Monthly
- Flood Zone: AE
- Tax Year: 2025
- Tax Information: Tax Reflects No Exemptions
- Special Information: As Is
- Special Assessment: No
- Approval Information: 1-2 Weeks Approval
- Other Fees: $250
Property History for 1021 Northwest 3rd Street, Unit 306
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Mar 4, 2026 | Listed (Active) MiamiRE #A11976259 | $99,900 | — |
| Nov 5, 2025 | Expired MiamiRE #A11814625 | — | |
| Jun 3, 2025 | Listed (Active) MiamiRE #A11814625 | $143,000 | — |
| Feb 25, 2025 | Sold (Public Record) Public Record #1552238306 | $123,000 | +1.1% / yr |
| Feb 13, 2025 | Sold MiamiRE #A11711913 | $123,000 | — |
| Feb 3, 2025 | Pending MiamiRE #A11711913 | — | |
| Feb 3, 2025 | Backup Contract MiamiRE #A11711913 | — | |
| Jan 29, 2025 | Price Change MiamiRE #A11711913 | $126,000 | — |
| Jan 23, 2025 | Price Change MiamiRE #A11711913 | $126,500 | — |
| Jan 21, 2025 | Price Change MiamiRE #A11711913 | $127,000 | — |
| Jan 17, 2025 | Price Change MiamiRE #A11711913 | $127,500 | — |
| Jan 13, 2025 | Price Change MiamiRE #A11711913 | $127,999 | — |
| Dec 23, 2024 | Price Change MiamiRE #A11711913 | $129,999 | — |
| Dec 22, 2024 | Price Change MiamiRE #A11711913 | $129,899 | — |
| Dec 18, 2024 | Listed (Active) MiamiRE #A11711913 | $129,999 | — |
| Oct 20, 2022 | Sold (Public Record) Public Record #1502618995 | $120,000 | +4.7% / yr |
| Oct 20, 2022 | Sold MiamiRE #A11272958 | $120,000 | — |
| Sep 27, 2022 | Pending MiamiRE #A11272958 | — | |
| Sep 27, 2022 | Backup Contract MiamiRE #A11272958 | — | |
| Sep 14, 2022 | Listed (Active) MiamiRE #A11272958 | $129,900 | — |
| Sep 8, 2022 | Cancelled MiamiRE #A11207541 | — | |
| Jul 19, 2022 | Price Change MiamiRE #A11207541 | $139,000 | — |
| Jun 7, 2022 | Price Change MiamiRE #A11207541 | $149,000 | — |
| May 20, 2022 | Listed (Active) MiamiRE #A11207541 | $155,000 | — |
| Dec 11, 2017 | Sold MiamiRE #A10305577 | $96,000 | — |
| Dec 8, 2017 | Sold (Public Record) Public Record #611828627 | $96,000 | +22.9% / yr |
| Oct 31, 2017 | Pending MiamiRE #A10305577 | — | |
| Jul 6, 2017 | Listed (Active) MiamiRE #A10305577 | $105,000 | — |
| Sep 5, 2014 | Sold (Public Record) Public Record #435009912 | $49,000 | +57.2% / yr |
| Jul 4, 2014 | Cancelled MiamiRE #A1971016 | — | |
| Jul 1, 2014 | Listed (Active) MiamiRE #A1971016 | $49,900 | — |
| Dec 30, 2013 | Sold (Public Record) Public Record #409020652 | $36,000 | -19.9% / yr |
| Nov 13, 2007 | Sold (Public Record) Public Record #229538497 | $139,900 | — |
| Date | Event & Source | Price |
|---|---|---|
| 03/04/2026 | Listed (Active) MiamiRE #A11976259 | $99,900 |
| 11/05/2025 | Expired MiamiRE #A11814625 | — |
| 06/03/2025 | Listed (Active) MiamiRE #A11814625 | $143,000 |
| 02/25/2025 | Sold (Public Record) Public Record #1552238306 | $123,000 +1.1% / yr |
| 02/13/2025 | Sold MiamiRE #A11711913 | $123,000 |
| 02/03/2025 | Pending MiamiRE #A11711913 | — |
| 02/03/2025 | Backup Contract MiamiRE #A11711913 | — |
| 01/29/2025 | Price Change MiamiRE #A11711913 | $126,000 |
| 01/23/2025 | Price Change MiamiRE #A11711913 | $126,500 |
| 01/21/2025 | Price Change MiamiRE #A11711913 | $127,000 |
| 01/17/2025 | Price Change MiamiRE #A11711913 | $127,500 |
| 01/13/2025 | Price Change MiamiRE #A11711913 | $127,999 |
| 12/23/2024 | Price Change MiamiRE #A11711913 | $129,999 |
| 12/22/2024 | Price Change MiamiRE #A11711913 | $129,899 |
| 12/18/2024 | Listed (Active) MiamiRE #A11711913 | $129,999 |
| 10/20/2022 | Sold (Public Record) Public Record #1502618995 | $120,000 +4.7% / yr |
| 10/20/2022 | Sold MiamiRE #A11272958 | $120,000 |
| 09/27/2022 | Pending MiamiRE #A11272958 | — |
| 09/27/2022 | Backup Contract MiamiRE #A11272958 | — |
| 09/14/2022 | Listed (Active) MiamiRE #A11272958 | $129,900 |
| 09/08/2022 | Cancelled MiamiRE #A11207541 | — |
| 07/19/2022 | Price Change MiamiRE #A11207541 | $139,000 |
| 06/07/2022 | Price Change MiamiRE #A11207541 | $149,000 |
| 05/20/2022 | Listed (Active) MiamiRE #A11207541 | $155,000 |
| 12/11/2017 | Sold MiamiRE #A10305577 | $96,000 |
| 12/08/2017 | Sold (Public Record) Public Record #611828627 | $96,000 +22.9% / yr |
| 10/31/2017 | Pending MiamiRE #A10305577 | — |
| 07/06/2017 | Listed (Active) MiamiRE #A10305577 | $105,000 |
| 09/05/2014 | Sold (Public Record) Public Record #435009912 | $49,000 +57.2% / yr |
| 07/04/2014 | Cancelled MiamiRE #A1971016 | — |
| 07/01/2014 | Listed (Active) MiamiRE #A1971016 | $49,900 |
| 12/30/2013 | Sold (Public Record) Public Record #409020652 | $36,000 -19.9% / yr |
| 11/13/2007 | Sold (Public Record) Public Record #229538497 | $139,900 |
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1021 Northwest 3rd Street, Unit 306
Schools near 1021 Northwest 3rd Street, Unit 306
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | PK to 8 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Riverside Elementary Community School PublicPK to 5 | ||
Air Base K-8 Center for International Education PublicPK to 8 | ||
Jose De Diego Middle School Public6 to 8 | ||
Robert Morgan Voc-Tech Institute Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Listing Courtesy of Xcellence Realty
Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.
