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.
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
Price:
$99,900
MLS #:
A11976259
Status:
Active
Beds:
1
Baths:
1
Type:
Condo
Subtype:
Condominium
Subdivision:
RIVER LOFTS CONDO
Neighborhood:
riverloftscondo
Listed Date:
Mar 4, 2026
Finished Sq Ft:
465
Total Sq Ft:
465
Year Built:
1930
See this Listing
Schools
Interior
Appliances
Electric Water Heater
Bathrooms
1 Full Bathroom
Cooling
Electric
Heating
Electric
Exterior
Association Amenities
None
Construction Materials
Concrete Block Construction
Exterior Features
None
Parking Features
On Street
Security Features
Complex Fenced
Financial
HOA Fee
$204
HOA Frequency
Monthly
Tax Year
2025
Taxes
$2,127
Map
Community
- Address1021 NW 3rd St # 306 Miami FL
- SubdivisionRIVER LOFTS CONDO
- CityMiami
- CountyMiami-Dade County
- Zip Code33128
Subdivisions in Miami
- 11 54 39 152.93 AC M/L NE1/4 OF SEC INCLUDING TR 2
- 159 NE 6TH STREET CONDO
- 17TH AVE MANOR
- 1800 CLUB CONDO
- 7TH ADDN TO RICHMOND HEIG
- 801 SMA RESIDENCES CONDO
- BAY HOUSE MIAMI
- BAY RIDGE AMD
- COMFORT GARDENS
- DELVISTA TOWERS CONDO
- EMERALD POINT SUB
- FAIRWAY PLAZA
- GREENVILLE MANOR PB
- HIALEAH HEIGHTS AMD
- JADE WINDS GROUP BAMBOO GARDENS CONDO
- JENKINS ADDN TO LIBERTY CITY
- LA PALOMA
- MAJORCA ISLES III CONDO
- MILON VENTURE
- NORTH DADE COUNTRY CLUB VILLAG
- RALPH PLAZA II CONDO
- RANDALL PARK
- ROLLING GREEN CONDO
- ROYAL GLEN
- SIERRA
- SWEETWATER ESTATES SUB
- TAMIAMI TECH CENTER CONDO
- THE BLUE A RESORT HOTEL CONDO
- TURNBERRY VILLAGE SO TOWER CONDO
- VIA VENTURA NBRHD 3
- VISTA LAGO
- WEST MIAMI SHORES SEC B
- WESTCHESTER PT 01
Market Summary
Property Summary
- Located in the RIVER LOFTS CONDO subdivision, 1021 NW 3rd St # 306 Miami FL is a Condo for sale in Miami, FL, 33128. It is listed for $99,900 and features 1 beds, 1 baths, and has approximately 465 square feet of living space, and was originally constructed in 1930. The current price per square foot is $215. The average price per square foot for Condo listings in Miami is $670. The average listing price for Condo in Miami is $992,272. To schedule a showing of MLS#a11976259 at 1021 NW 3rd St # 306 in Miami, FL, contact your CENTURY 21 Carioti agent at 800-783-8847.
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