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, Currently generating $1,767/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. . Roof is 3 year old. Open House Saturday 2/08/2025 9am.
465 Sq Ft
Condo
$163 Monthly Maintenance/CC
$2,087 Annual Tax
Built in 1930
MLS/Listing ID A11737805
RIVER LOFTS CONDO
3 Stories
24 Units
Third Floor Entry
Common Area
Parking - On Street
Construction - CBS
Heating - Wall Units
Refrigerator
Electric Water Heater
Electric Range
Association - Laundry
Cooling - Wall/window unit(s)
Cooling - Electric
Fenced
Tile
Unfurnished
Heating - Electric
Listing Courtesy of ECHO INTERNATIONAL REALTY, LLC., GUSTAVO RAMOS - 305-731-1242
Source of Data: MIAMI ASSOCIATION OF REALTORS