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River Lofts, 1021 NW 3 St #306
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1
Beds1
Baths465
SqFt$308
$/SqFtEntry-Level Condo
Built in 1930
$200/mo HOA
his 1-bedroom, 1-bathroom apartment is located on the 3rd floor and offers an exceptional investment opportunity with strong returns and low overhead.
?? High CAP rate of 18%, with Airbnb and short-term rentals now approved
?? Currently rented for $1,816/month through Section 8, ensuring immediate cash flow
?? Low HOA fees – only $204.28/month
?? Newer roof – only 3 years old
?? Strategically located near Brickell, Downtown Miami, Wynwood, and South Beach
?? Situated in one of Miami’s fastest-growing neighborhoods
Ideal for cash buyers looking for turnkey rental income with future appreciation potential.
MLS Number: A11814625
On Site: 492 Days
Updated: 491 Days ago
Page Views: 0
Features
Bedrooms
- Bedrooms: 1
Bathrooms
- Bathrooms: 1
- Half Bathrooms: No info
Exterior and Lot Features
- Exterior Features: None
- View: None
Interior, Heating and Cooling
- Interior Features: BedroomOnMainLevel, ThirdFloorEntry
- Equipment / Appliances: BuiltInOven, ElectricRange
- Heating Description: Electric
- Cooling Description: CeilingFans, WallWindowUnits
Building and Construction
- Floor Description: Tile
- Year Built: 1930
- Year Built Description: Unknown
Waterfront and Water Access
- Waterfront Frontage: No info
School Information
Other Property Info
- Garage: No info
- Listing Date: 2025-06-03T19:45:34.000-00:00
- Pets Allowed: No
Taxes, Fees & More
- Maintenance Includes: Laundry,Water
- Taxes: 2270
- Security Information: Other
- Parking Description: OnStreet
- Total Floors in Building: 3
Apples-to-Apples Comparables
Price History
Date
Event
Price
Change
Price Per
06/02/2025
Listed
$143K
$308 ft2
$3,310 m2
06/02/2025
$143K
Event
Listed
Price Per
$308 ft2
$3,310 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Carolina Montoya • Xcellence Realty • Buyer Agency Compensation .
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Scores
84
100
63
100
68
100
76
100
0
100
30
100
3
100
Community Snapshot
1 – 2 BR
Bedrooms
$110K – $135K
Price Tier
465 - 615
SqFt Range
1930
Year Build
3
Total Floors
Subdivision Amenities
Laundry
None
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- South Bay Terrace Mixed1
- South Two Seven Lofts Condo1
- South Vedado House0
- St Louis Condo0
- Stirrup Grove Mixed0
- Stuart Terrace House1
- Tamiami Heights House1
- The Bond On Brickell Condo18
- The Coconut Grove Bayshore Condo0
- The Grove Club Condo1
- The Mutiny Condo5
- The Oaks Townhouse0
- The Orange Grove Townhouse0
- The Plaza On Brickell East Condo17
- Three Tequesta Point Condo11
- Tigertail Bay Condo1
- Tigertail Place Condo0
- Two Tequesta Point Condo5
- Utopia House2
- Victory Homesites Mixed1
- Villas At Buena Vista Mixed1
- Virginia Pointe Condo0
- Washington Place House2
- Waterbury House1
- Woodcrest House2
- Woodside Multifamily2
- Wyndwood Park Mixed25
- Yacht Harbour Condo3
- YotelPad Miami Condo24
Ultra Luxury
Ultra Luxury74
- Aqua Marine Mixed2
- Aston Martin Residences Condo6
- Banks House0
- Bay Crest House4
- Bay Homes House1
- Bay Point House5
- Bayshore Villas House0
- Beacon Harbour Condo1
- Belle Meade Island House2
- Biscayne Park Terrace House0
- Bonita Park House0
- Brickell Flatiron Condo29
- Camner Gables House0
- Club Residences At Park Grove Condo5
- Coconut Grove Manor House2
- Coconut Grove Park House5
- Crystal Bluff House1
- Douglas Circle House3
- East Utopia House0
- Echo Brickell Condo29
- Eleda House0
- Elysee Condo7
- Enchanted Grove Townhouse0
- Entrada House0
- Espanola Heights House3
- Ewanton Heights House0
- Fairhaven House2
- Four Seasons Residences Condo7
- Four Way Lodge Estates House1
- Gifford Lane Townhomes Townhouse1
- Grove At Grand Bay Condo1
- Grovenor House Condo4
- Hardies Multifamily0
- Hazel Park House1
- J W Ewans House1
- Joseph Manor Multifamily1
- King Park House2
- Leeward Cove Land0
- Lennox Park House0
- Mr C Tigertail Residences Condo1
- Muze At Met Condo0
- Natoma Manors House2
- Natoma Park House2
- Ocean View House0
- Ocean View Heights House1
- One Park Grove Condo2
- One Thousand Museum Condo11
- One Thousand Venetian Way Mixed5
- Parc Lofts Condo3
- Park Manor House0
- Pent Homestead Townhouse0
- Pinecrest Manor House1
- Pomona House1
- Residences At Vizcaya Condo2
- Rockerman Heights House1
- San Marco House5
- Sans Souci House0
- Silver Bluff House2
- Silver Bluff Business Center House0
- Sunshine Fruits House2
- Sunshine Villas House0
- Sunshine Vistas House4
- The Elser Hotel & Residences Condo55
- The Fairchild Condo4
- The Justison & Frantz House0
- The Moorings House4
- The Ritz-Carlton Executive Residences Condo0
- The Ritz-Carlton Tower Residences Condo2
- Town Hall House0
- Treasure Trove House0
- Two Park Grove Condo2
- Una Residences Condo19
- Villas De Vizcaya House1
- Ye Little Wood House0
Miami, FL Nearby Cities
$999K - $23.5M
$13K - $35K
$2K - $3.8M
$2K - $25K
$130K - $2M
$2K - $4K
$110K - $850K
$0 - $0
$3.8M - $57M
$8K - $50K
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