1021 NW 3rd St Unit 306, Miami, Florida 33128

Description

INVESTMENT WITH 17.4% NET RETURN – $99,000 – ALL CASH ONLYrnrnUnique opportunity at River Lofts Condo, Miami 33128.rnrnIncome-producing investment offering an approximate 17.4% net annual return in Miami.rnrnGross Annual Income: $21,792rnAfter 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.rnrn1 Bedroom / 1 Bathroom condo located on the third floor at River Lofts Condo, Miami 33128.rnrnFor 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.rnrnThe unit features tile flooring, strong natural light, and a city-facing window. Kitchen equipped with electric range and refrigerator. Street parking available.rnrnStrategically located minutes from Brickell, Downtown Miami, Wynwood, and South Beach — in one of Miami’s fastest-growing and developing areas.rnrnThe seller needs to relocate out of the country and is motivated to sell.rnrnThis is a genuine opportunity to purchase at a competitive price.rnrnProperties under $100K in Miami delivering this level of return do not last on the market.rnrnSerious investors — submit your offer promptly.rnrnIdeal 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.