FOR SALE

1021 3rd St #306

Miami-dade, River Lofts Condo, Miami, FL

Asking

$99,900

BTC

1.348

ETH

42.88

Beds
1
Baths
1
Home Size
465 sq. ft.
Year Built
1930
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.

LOADING

Location

Market Area
Miami-Dade
Neighborhood
RIVER LOFTS CONDO

Agent

Carolina Montoya

+1 310 910 1722

Contact Email

listings@realopen.app