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River Lofts, 1021 NW 3rd St #301, Miami, FL 33128

127,000(-0.39% )
1Beds
1Baths
465SqFt

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Details

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Status:
OFF MARKET
Parking: No info
Size: 465 SqFt (43 m2)
Price: $272/SqFt ($2,928/m2)
Type: Condo
Built: 1930
HOA: $163/MO
MLS Number: A11711851
View: Other
On Site: 306 Days
Updated: 266 Days ago
Page Views: 0
Fantastic investment opportunity! Apt 1/1 located on the 3rd floor with its prime location, high cap rate, and low hoa fees, it's an appealing option for anyone looking to get into the miami real estate market. Close to major attractions like brickell, downtown miami, wynwood, and south beach. Airbnb and short-term rentals just approved, currently generating $1,767/month through section 8, offering immediate cash flow. Situated in one of miami’s fastest developing areas, ensuring long-term appreciation. Low hoa/maintenance fees of just $163/month. It's definitely a property that could be worth considering, especially for cash buyers looking for a ready-made income stream and potential for future growth. Seller will pay buyer's closing cost with full price offer. Roof is 3 year old
Features
Bedrooms
  • Bedrooms: 1
Bathrooms
  • Bathrooms: 1
  • Half Bathrooms: No info
Exterior and Lot Features
  • Exterior Features: Other
  • View: Other
Interior, Heating and Cooling
  • Interior Features: ThirdFloorEntry, UpperLevelPrimary
  • Equipment / Appliances: ElectricRange, ElectricWaterHeater, Refrigerator
  • Heating Description: Electric,WallFurnace
  • Cooling Description: Electric, WallWindowUnits
Building and Construction
  • Floor Description: Tile
  • Year Built: 1930
  • Year Built Description: Resale
  • Style: None
Waterfront and Water Access
  • Waterfront Frontage: No info
School Information
    Other Property Info
    • Garage: No info
    • Listing Date: 2024-12-18T17:31:04.000-00:00
    • Directions: South
    • Pets Allowed: SizeLimit,Yes
    Taxes, Fees & More
    • Maintenance Includes: CommonAreas, MaintenanceGrounds, MaintenanceStructure, Sewer, Trash, Water
    • Taxes: 2087
    • Security Information: Other
    • Parking Description: OnStreet
    • Total Floors in Building: 3
    • Total Units in Complex: 24

    Price History

    01/22/2025

    Date

    Price Reduced

    Event

    $126.5K

    Price

    -0.39%

    Change Rate

    $272 ft2 / $2,928 m2

    Price Per

    01/21/2025

    Date

    Price Reduced

    Event

    $127K

    Price

    -0.39%

    Change Rate

    $273 ft2 / $2,940 m2

    Price Per

    01/17/2025

    Date

    Price Reduced

    Event

    $127.5K

    Price

    -0.39%

    Change Rate

    $274 ft2 / $2,951 m2

    Price Per

    01/13/2025

    Date

    Price Reduced

    Event

    $128K

    Price

    -1.08%

    Change Rate

    $275 ft2 / $2,963 m2

    Price Per

    01/08/2025

    Date

    Price Reduced

    Event

    $129.4K

    Price

    -0.08%

    Change Rate

    $278 ft2 / $2,995 m2

    Price Per

    01/07/2025

    Date

    Price Reduced

    Event

    $129.5K

    Price

    -0.08%

    Change Rate

    $278 ft2 / $2,998 m2

    Price Per

    01/04/2025

    Date

    Price Reduced

    Event

    $129.6K

    Price

    -0.08%

    Change Rate

    $279 ft2 / $3,000 m2

    Price Per

    01/02/2025

    Date

    Price Reduced

    Event

    $129.7K

    Price

    -0.08%

    Change Rate

    $279 ft2 / $3,002 m2

    Price Per

    12/23/2024

    Date

    Price Increased

    Event

    $129.8K

    Price

    0.23%

    Change Rate

    $279 ft2 / $3,005 m2

    Price Per

    12/22/2024

    Date

    Price Reduced

    Event

    $129.5K

    Price

    -0.38%

    Change Rate

    $278 ft2 / $2,998 m2

    Price Per

    12/18/2024

    Date

    Listed

    Event

    $130K

    Price

    $280 ft2 / $3,009 m2

    Price Per

    Price per square foot and days on website are not provided values and are calculated by Subdivisions.

    Listed by Gustavo RamosEcho International Realty, LLC. • Buyer Agency Compensation .

    Instant Comps

    $100/ft²
    $100/ft²
    $300/ft²
    $400/ft²
    $126.5K

    Unit #301 – $272/ft²

    (+6%) from Closed Avg.

    $119.6K

    Closed Avg. $257/ft²

    Community $/Price Range (Closed) $247/ft² – $265/ft²
    UnitBed/BathSize SqFt$/SqFtExposureViewSoldClosed Date
    # 3021/1465$258SouthNone$120,0005/1/2025
    # 3081/1465$247SouthNone$115,0003/1/2025
    # 3061/1465$265SouthNone$123,0002/1/2025
    # 3011/1465$254SouthNone$118,0002/1/2025
    # 3071/1465$263SouthNone$122,10011/1/2024
    Unit: # 302
    Bed/Bath: 1/1
    Size SqFt: 465
    $/SqFt: $258
    Exposure: South
    View: None
    Sold: $120,000
    Closed Date: 5/1/2025
    Unit: # 308
    Bed/Bath: 1/1
    Size SqFt: 465
    $/SqFt: $247
    Exposure: South
    View: None
    Sold: $115,000
    Closed Date: 3/1/2025
    Unit: # 306
    Bed/Bath: 1/1
    Size SqFt: 465
    $/SqFt: $265
    Exposure: South
    View: None
    Sold: $123,000
    Closed Date: 2/1/2025
    Unit: # 301
    Bed/Bath: 1/1
    Size SqFt: 465
    $/SqFt: $254
    Exposure: South
    View: None
    Sold: $118,000
    Closed Date: 2/1/2025
    Unit: # 307
    Bed/Bath: 1/1
    Size SqFt: 465
    $/SqFt: $263
    Exposure: South
    View: None
    Sold: $122,100
    Closed Date: 11/1/2024
    THINKING OF SELLING IN River Lofts at Miami?

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