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$127,999

Beds
1
Baths
1.0
sq ft
465

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

1021 NW 3rd St Unit 306

Miami, FL 33128

    • Price drop $2,000↓
fantastic investment opportunity! aPT 1/1 Located on the 3rd floor With its prime location, high cap rate, and low HOA fees, 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 15% cap rate.Currently generating $1,800/month through Section 8, offering immediate cash flow. Situated in one of Miami’s fastest developing areas, ensuring long-term appreciation. 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. Seller will pay buyer's closing cost with full price offer

Details

Property type

Condominium

Est. home value

$146,443

Lot size

Unknown

Price per sq ft

$276

Year built

1930

Annual property taxes

$2,270

Monthly HOA fee

$163

Price History

01/13/2025
SEF

SEF #A11711913

Price change
$127,999
-1.54%
12/23/2024
SEF

SEF #A11711913

Price change
$129,999
+0.08%
12/22/2024
SEF

SEF #A11711913

Price change
$129,899
-0.08%

Schools & Community

Neighborhood: 

Little Havana

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Number of units in community: 

24

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Monica Acevedo Etal

Loan start date

October 2022

Original loan amount

$120,000

Est. remaining balance

Not provided

Interest rate

5.66%

Loan type

Commercial

Seller

Mocla Llc

Lender

Monica Acevedo Etal

Loan start date

October 2022

Original loan amount

$120,000

Est. remaining balance

Not provided

Interest rate

5.66%

Loan type

Commercial

Seller

Mocla Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 01/17/2025 at 2:15 AM

Listing updated: 01/14/2025 at 12:20 PM

Listed by: Gustavo Ramos, Echo International Realty, LLC. Phone #: (954) 649-3604

MLS: SEF #A11711913

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