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1021 NW 3rd St 306
Miami FL 33128 US

$99,900

Active Listing ID A11976259
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1 bed
bath icon
1.00 Bath (1 Full)
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Condominium

$99,900

Active Listing ID A11976259
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1021 NW 3rd St 306 INVESTMENT WITH 17.4% NET RETURN – $99, 000 – ALL CASH ONLY Unique opportunity at River Lofts Condo, Miami 33128. Income-producing investment offering an approximate 17.4% net annual return in Miami. Gross Annual Income: $21, 792 After 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.

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Property Features

  • Facts
  • Property Type: Residential
  • Property Sub-type: Condominium
  • Features
  • Full Bathrooms: 1
  • Cooling System: Electric
  • Exterior Finish: None
  • Floor Covering: Laminate
  • Heating Fuels: Electric (Heating)

Property

  • propertytype: Residential
  • propertysubtype: Condominium
  • listprice: 99900
  • unparsedaddress: 1021 NW 3rd St
  • unitnumber: 306
  • postalcity: Miami
  • stateorprovince: FL
  • country: US
  • postalcode: 33128
  • bathroomsfull: 1
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Acres
  • livingarea: 465
  • livingareaunits: Square Feet
  • listagentfullname: Carolina Montoya
  • listagentemail: carolinamont4@gmail.com
  • listagentkey: 3yd-MAORFL-3348109
  • listagentmlsid: 3348109
  • listagentpreferredphone: 9548737365
  • listagentofficephone: 8665956025
  • listofficekey: 3yd-MAORFL-XCEL01
  • listagentstatelicense: 3348109
  • listofficemlsid: XCEL01
  • disclaimer: Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MAORFL
  • yearbuilt: 1930
  • listagenturl: http://www.XcellenceRealty.com
  • countyorparish: Miami-Dade
  • parcelnumber: 01-41-02-082-0180
  • cooling: Electric
  • constructionmaterials: Block
  • flooring: Laminate
  • heating: Electric (Heating)
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 3
  • parkingtotal: 0
  • parkingfeatures: On Street
  • view: Other
  • waterfrontyn: False
  • interiorfeatures: Bedroom On Main Level, First Floor Entry
  • exteriorfeatures: None
  • architecturalstyle: Other
  • rooms: Bathroom 1, Bedroom 1
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Xcellence Realty, Inc", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[{"ExpenseCategory":"Home Owner Assessments Fee", "ExpenseFrequency":"Monthly", "ExpenseValue":204}], "GeocodeOptions":null, "LeadRoutingEmail":"carolinamont4@gmail.com", "ListBrokerageCity":"Miami", "ListBrokerageCountry":"US", "ListBrokerageEmail":"broker@xcellencerealty.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/MAORFL/c5ababc3215fd94a01216050f8b3003c/20160919191748835.png", "ListBrokerageName":"Xcellence Realty, Inc", "ListBrokeragePhone":"(305) 595-7355", "ListBrokeragePostalCode":"33176", "ListBrokerageStateOrProvince":"FL", "ListBrokerageUnitNumber":"D-202", "ListBrokerageUnparsedAddress":"10481 N Kendall Dr", "ListBrokerageWebsiteUrl":"http://www.XcellenceRealty.com", "ListOfficeAddress1":"7700 N Kendall Drive", "ListOfficeAddress2":"Suite 711", "ListOfficeBrokerMlsId":"0698663", "ListOfficeCity":"Miami", "ListOfficeCountry":"US", "ListOfficeEmail":"messagecenter@xcellencerealty.com", "ListOfficePostalCode":"33156", "ListOfficeStateOrProvince":"FL", "ListPriceCurrencyType":"USD", "ListingTitle":"Condominium, None - Miami, FL", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/1021-NW-3rd-St-Apt-306_Miami_FL_33128_M64237-79915?f=listhub&s=MAORFL&m=A11976259&c=rexren", "MLSModificationTimestamp":"2026-03-06T13:30:37Z", "Neighborhoods":[], "PostalCode":null, "RawPropertySubType":"Condominium", "RawPropertyType":"Residential", "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":2127, "TaxDescription":null, "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 3/11/2026 3:15:45 PM GMT
Source Updated Date: 3/12/2026 6:54:24 PM GMT

Courtesy of: Carolina Montoya, Xcellence Realty, carolinamont4@gmail.com

Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.