Property Details
| Sold Price | $123,000 |
|---|---|
| Last Asking Price | $126,000 |
| Price per SqFt | $265 |
| Maintenance fee | $163 Monthly |
| Property Taxes | $2,270 2023 |
| Interior Space | 465 SqFt |
| Beds/Baths | 1/1 |
| Year Built | 1930 |
| Closed Date | 2/13/2025 |
| MLS # | A11711913 |
Estimated Costs
An estimate of condo or HOA fees and property taxes
Fees and taxes based on MLS provided figures, and may not be accurate
From the listing
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
Listed by Echo International Realty, LLC.
Sales History for This Home · River Lofts Unit 306
Sales history is unavailable for this property
Listed by Echo International Realty, LLC.. Mark Zilbert of ONE Sotheby's International Realty is a cooperating (transaction) broker and helps buyers find properties in Miami and throughout South Florida.
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Location
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