tomo logo

$135,000

Beds
1
Baths
1.0
sq ft
465

1021 NW 3rd St Unit 307, Miami, FL 33128

1021 NW 3rd St Unit 307

Miami, FL 33128

  • 32 days on market
PRIME INVESTMENT OPPORTUNITY in West Brickell/Little Havana – RECENTLY APPROVED FOR SHORT-TERM RENTALS! This 1-bedroom, 1-bathroom unit at River Lofts is currently rented for $1,700 per month through Section 8, offering an exceptional 15% ROI with a low monthly condo fee of just $164. CALL FOR SISTER UNIT ALSO AVAILABLE IN THE BUILDING. Located minutes from Brickell, Downtown Miami, LoanDepot Park/Marlins Stadium, and major highways and public transport, this property is ideally positioned for growth and rental demand. Cash only, sold AS-IS. Seize this opportunity for immediate cash flow and long-term appreciation in one of Miami’s most rapidly developing areas!

Details

Property type

Condominium

Est. home value

$169,157

Lot size

Unknown

Price per sq ft

$291

Year built

1930

Annual property taxes

$1,868

Monthly HOA fee

$164

Price History

10/17/2024
SEF

SEF #A11678462

Listed
$135,000
-12.9%
08/16/2024
SEF

SEF #A11606795

Removed
$155,000
08/09/2024
SEF

SEF #A11606795

Price change
$155,000
-11.43%

Schools & Community

Neighborhood: 

Little Havana

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

Gayle Durham

Loan start date

October 2023

Original loan amount

$4,608,026

Est. remaining balance

Not provided

Interest rate

7.12%

Loan type

Stand Alone First

Seller

Ayl Realty 1021 Llc

Lender

Gayle Durham

Loan start date

October 2023

Original loan amount

$4,608,026

Est. remaining balance

Not provided

Interest rate

7.12%

Loan type

Stand Alone First

Seller

Ayl Realty 1021 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: 11/19/2024 at 3:50 PM

Listing updated: 10/21/2024 at 11:15 AM

Listed by: Albert Bell, Luxe Properties Phone #: (305) 809-7650

MLS: SEF #A11678462

SEF logo

Recently listed in Miami