$123,000
Sold

1021 NW 3rd St #306

Miami, FL 33128
465 sqft | 1 bed | 1 bath | #A11711913
Type:Purchase
Structure:Condo
Zone:Residential

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

Location

Mateo UsugaReal Estate Group