
Courtesy of: Carolina Montoya, Xcellence Realty, carolinamont4@gmail.com
$99,900
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1 bed
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1.00 Bath (1 Full)
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Condominium
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$99,900
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.
Courtesy of: Carolina Montoya, Xcellence Realty, carolinamont4@gmail.com
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