Closed

River Lofts, 1021 NW 3rd St #306, Miami, FL 33128

126,000(-2.38% )
$123,000Price
1Beds
1Baths
465SqFt

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Details

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Status:
Sold
Parking: No info
Size: 465 ft2 / 43 m2
Price: $265 ft2 / $2,847 m2
Type: Condo
Built: 1930
HOA: $163/MO
MLS Number: A11711913
View: None
On Site: 125 Days
Updated: 68 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

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 RamosEcho International Realty, LLC. • Buyer Agency Compensation .

Instant Comparative Market Analysis

$100/ft²
$100/ft²
$300/ft²
$400/ft²

Unit #306 – Asking

$265/ft²

(-7%) from Closed Avg. $/ft²

Closed Avg. $/ft²

$284/ft²
Community $/Price Range (Closed) $247/ft² – $265/ft²
UnitBed/BathSize SqFt$/SqFtExposureViewSoldClosed Date
# 3081/1465$247None$115,0003/31/2025
# 3071/1465$297None$138,00010/27/2023
# 3021/1465$307None$142,90010/4/2023
Unit: # 308
Bed/Bath: 1/1Size SqFt: 465$/SqFt: $247View: NoneSold: $115,000Closed Date: 3/31/2025
Unit: # 307
Bed/Bath: 1/1Size SqFt: 465$/SqFt: $297View: NoneSold: $138,000Closed Date: 10/27/2023
Unit: # 302
Bed/Bath: 1/1Size SqFt: 465$/SqFt: $307View: NoneSold: $142,900Closed Date: 10/4/2023
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