South Florida
River Lofts, 1021 NW 3 St #306, Miami, FL 33128
Details
Save
Status:
Active
Parking: No info
Size: 465 SqFt (43 m2)
Price: $308/SqFt ($3,310/m2)
Type: Condo
Built: 1930
HOA: $200/MO
MLS Number: A11814625
View: None
On Site: 95 Days
Updated: 94 Days ago
Page Views: 0
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.
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
Price History
06/02/2025
Date
Listed
Event
$143K
Price
$308 ft2 / $3,310 m2
Price Per
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 .
Instant Comps
$100/ft²
$200/ft²
$300/ft²
$500/ft²
Unit #306 – Asking
$308/ft²
(+20%) from Closed Avg. $/ft²
Closed Avg. $/ft²
$255/ft²
Community $/Price Range (Closed) $247/ft² – $265/ft²
| Unit | Bed/Bath | Size SqFt | $/SqFt | Exposure | View | Sold | Closed Date |
|---|---|---|---|---|---|---|---|
| # 302 | 1/1 | 465 | $258 | South | City, Other | $120,000 | 5/7/2025 |
| # 301 | 1/1 | 465 | $254 | South | Other | $118,000 | 4/1/2025 |
| # 308 | 1/1 | 465 | $247 | South | None | $115,000 | 3/31/2025 |
| # 307 | 1/1 | 465 | $263 | South | City | $122,100 | 11/18/2024 |
Unit: # 302
Bed/Bath: 1/1Size SqFt: 465$/SqFt: $258Exposure: SouthView: City, OtherSold: $120,000Closed Date: 5/7/2025Unit: # 301
Bed/Bath: 1/1Size SqFt: 465$/SqFt: $254Exposure: SouthView: OtherSold: $118,000Closed Date: 4/1/2025Unit: # 308
Bed/Bath: 1/1Size SqFt: 465$/SqFt: $247Exposure: SouthView: NoneSold: $115,000Closed Date: 3/31/2025Unit: # 307
Bed/Bath: 1/1Size SqFt: 465$/SqFt: $263Exposure: SouthView: CitySold: $122,100Closed Date: 11/18/2024THINKING OF SELLING IN River Lofts at Miami?
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