Property Description
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
Overview
Property Type
Condo
Location
1021 NW 3rd St # 306, Miami, FL 33128
MLS ID
A11711913
Listing Last Updated
Property Features & Amenities
Interior
Total Bedrooms
1
Full Bathrooms
1
Flooring
Tile
Appliances
Electric Range, Refrigerator
Other Interior Features
Third Floor Entry
Exterior
Stories
3
Parking
On Street
Heat Type
Electric, Window/Wall
Air Conditioning
Electric, Wall/Window Unit(s)
Amenities
None
Security Features
Other
Other Exterior Features
None
Details
Total Area
465 Sq.Ft.
View Description
None
Financial
Price
$123,000
Real Estate Tax
$2,270/yr
HOA
$163/mo
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