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 Miamis 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.
Property Features
Bedrooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Interior Features
- ThirdFloorEntry
- UpperLevelPrimary
- Flooring: Tile
Appliances
- ElectricRange
- ElectricWaterHeater
- Refrigerator
- Laundry Features: CommonArea
Heating and Cooling
- Cooling Features: Electric, WallWindowUnits
- Heating Features: Electric, WallFurnace
- Heating: Yes
Garage and Parking
- Parking Features: OnStreet
Homeowners Association
- Association: Yes
- Association Amenities: Laundry
- Association Fee: 163
- Association Fee Frequency: Monthly
- Association Fee Includes: CommonAreas, MaintenanceGrounds, MaintenanceStructure, Sewer, Trash, Water
- Calculated Total Monthly Association Fees: 163
- Pets Allowed: SizeLimit, Yes
Multi-Unit Info
- Number of Units In Community: 24
Other Property Info
- Annual Tax Amount: 2087
- Source Listing Status: Active
- County: Miami-Dade
- Tax Year: 2023
- Source Property Type: Residential
- Area: LITTLE HAVANA
- Property Subtype: condo
- Source Neighborhood: RIVER LOFTS CONDO
- Parcel Number: 01-41-02-082-0030
- Postal City: Miami
- Postal Code Plus 4: 1192
- Subdivision: RIVER LOFTS CONDO
- Property Subtype: Condominium
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 465
- Year Built: 1930
- Building Area Total: 465
- Construction Materials: Block
- Direction Faces: South
- Entry Level: 3
- Entry Location: 3
- Property Age: 94
- Property Attached: Yes
- Building Total Stories: 3
- Year Built Details: Resale