306/1021 NW 3rd St

Miami FL 33128

465 sq. ft.

Condo

Last sold for $95,000

Carolina Montoya, last sold this property on 30 April 2026 after 56 days on market.

Overview

INVESTMENT WITH 17.4% NET RETURN – $99,000 – ALL CASH ONLYUnique opportunity at River Lofts Condo, Miami 33128.Income-producing investment offering an approximate 17.4% net annual return in Miami.Gross Annual Income: $21,792After deducting HOA fees ($204/month) and property taxes ($2,127/year), the estimated net annual income is $17,217, representing approximately a 17.4% annual net return.1 Bedroom / 1 Bathroom condo located on the third floor at River Lofts Condo, Miami 33128.For only $99,000, this 1/1 unit generates $1,816 per month through the Section 8 program with automatic renewal, providing stable and consistent government-backed income from day one.The unit features tile flooring, strong natural light, and a city-facing window. Kitchen equipped with electric range and refrigerator. Street parking available.Strategically located minutes from Brickell, Downtown Miami, Wynwood, and South Beach — in one of Miami’s fastest-growing and developing areas.The seller needs to relocate out of the country and is motivated to sell.This is a genuine opportunity to purchase at a competitive price.Properties under $100K in Miami delivering this level of return do not last on the market.Serious investors — submit your offer promptly.Ideal for investors seeking immediate cash flow and long-term stability. If you’re looking for a property that produces income from day one, this is your opportunity.

Features

1 bedroom

1 bathroom

465 sq. ft. floor area

Condo

Estimated Value

Based on this property and similar 1 bedroom condos sold in Miami over the last 12 months, the estimated median property value of 306/1021 NW 3rd St is $178k.

Median value

$178k

Estimated value range

$92k - $510k

Median days on market

Estimated value trend

48%

increase over the last 12 months

Average days on market is based on recent, comparable sales in Miami. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 306/1021 NW 3rd St

2026

Sold

$95,000

30 Apr 2026 by Carolina Montoya, of XCELLENCE REALTY, INC

2025

Sold

$123,000

13 Feb 2025 by Carolina Montoya, of XCELLENCE REALTY, INC

2023

Rented

Undisclosed

25 Apr 2023 by Pamela Hall Real Estate, LLC.

Happy sellers in Miami

We have insufficient information to provide an overview of customer satisfaction for Miami. Viewing the agent profiles, reviews and sales for Miami can provide insights for this location.