South Florida
Closed
River Lofts, 1021 NW 3rd St #306, Miami, FL 33128
126,000(-2.38% )
Details
Save
Status:
Sold - Feb 13, 2025
Parking: No info
Size: 465 SqFt (43 m2)
Price: $265/SqFt ($2,847/m2)
Type: Condo
Built: 1930
HOA: $163/MO
MLS Number: A11711913
View: None
On Site: 235 Days
Updated: 178 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. Roof is 3-year-old, 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, with a current 18% cap rate. Currently generating $1,800/month through section 8, offering immediate cash flow. Situated in one of miami’s fastest developing areas. 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. Open house saturday 02/01/2025 at 10am to 10;30am
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: ThirdFloorEntry, UpperLevelPrimary
- Equipment / Appliances: ElectricRange, 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: 2024-12-18T17:45:04.000-00:00
- Pets Allowed: SizeLimit,Yes
Taxes, Fees & More
- Maintenance Includes: MaintenanceGrounds, MaintenanceStructure, Sewer, Water
- Taxes: 2270
- Security Information: Other
- Parking Description: OnStreet
- Total Floors in Building: 3
- Total Units in Complex: 24
Price History
02/13/2025
Date
Sold
Event
$123K
Price
-2.38%
Change Rate
$265 ft2 / $2,847 m2
Price Per
01/29/2025
Date
Price Reduced
Event
$126K
Price
-0.4%
Change Rate
$271 ft2 / $2,917 m2
Price Per
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
-1.54%
Change Rate
$275 ft2 / $2,963 m2
Price Per
12/23/2024
Date
Price Increased
Event
$130K
Price
0.08%
Change Rate
$280 ft2 / $3,009 m2
Price Per
12/22/2024
Date
Price Reduced
Event
$129.9K
Price
-0.08%
Change Rate
$279 ft2 / $3,007 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 Ramos • Echo International Realty, LLC. • Buyer Agency Compensation .
Instant Comps
$100/ft²
$100/ft²
$300/ft²
$400/ft²
Unit #306 – Asking
$265/ft²
(+4%) 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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