$123,000
SOLD FEB 13, 2025

1021 NW 3rd St Unit 306 Miami, FL 33128

Riverside Neighborhood
1 Bed
1 Bath
465 Sq Ft
$163/mo HOA Fee

Recently Sold

$265 Per Sq Ft

5% Below List Price

48 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window
  • 2-minute walk to Henderson Park
  • Tile Flooring

About This Home

As of February 2025

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

Last Agent to Sell the Property

gustavo ramos

Echo International Realty, LLC. License #3397720 Listed on: 12/18/2024

Co-Listed By

Albert Bell

Cervera Real Estate Inc. License #3473274

Last Buyer's Agent

Carolina Montoya

Xcellence Realty License #3348109

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,270

Year Built

  • Built in 1930

HOA Fees

  • $163 Monthly HOA Fees

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 465 Sq Ft Home
  • 3-Story Property
  • Tile Flooring
  • Electric Range

Bedrooms and Bathrooms

  • 1 Bedroom
  • Primary Bedroom Upstairs
  • 1 Full Bathroom

Parking

  • On-Street Parking
  • Open Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

Listing and Financial Details

  • Assessor Parcel Number 01-41-02-082-0180

Community Details

Overview

  • 24 Units
  • Low-Rise Condominium
  • River Lofts Condo
  • River Lofts Condo Subdivision

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Building Details

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,270

Year Built

Built in 1930

Lot Details

0

HOA Fees

$163 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1930
  • Property Sub Type: Condominium
  • Co List Office Mls Id: LMPR01
  • Co List Office Phone: 305-809-7650
  • Entry Level: 3
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: RIVER LOFTS CONDO
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Electric Range, Refrigerator
  • Interior Amenities: Third Floor Entry
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 465
  • Possible Use: Investment
  • Stories: 3
  • Bedroom Features: Primary Bedroom Upstairs

Exterior Features

  • View: None
  • Exterior Features: None
  • Construction Type: CBS Construction
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: RIVER LOFTS CONDO
  • Open Parking: Yes
  • Parking Features: On Street

Utilities

  • Cooling: Electric, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Electric, Window/Wall
  • Heating Yn: Yes
  • Security: Other

Condo/Co-op/Association

  • Association Fee: 163
  • Amenities: None
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 01-41-02-082-0180
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Maximum 20 Lbs

Multi Family

  • Maintenance Expense: 163
  • Number Of Units In Community: 24
  • Number Of Units Total: 24

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 2270

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2024
Closed on
Feb 12, 2025
Sold by
Mocla Llc
Bought by
Aave Group Llc
Seller's Agent
gustavo ramos
Echo International Realty, LLC.
Buyer's Agent
Carolina Montoya
Xcellence Realty
List Price
$129,999
Sold Price
$123,000
Premium/Discount to List
-$6,999
-5.38%
Views
69

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.12%

Purchase Details

Listed on
Sep 14, 2022
Closed on
Oct 20, 2022
Sold by
Dd1987 Llc
Bought by
Mocla Llc
Seller's Agent
Eric Amsallem
Beachfront Realty Inc
Buyer's Agent
Eric Amsallem
Beachfront Realty Inc
List Price
$129,900
Sold Price
$120,000
Premium/Discount to List
-$9,900
-7.62%
Views
19

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.07%
Original Mortgage
$120,000
Interest Rate
7.3%
Mortgage Type
Balloon

Purchase Details

Closed on
Jun 21, 2018
Sold by
Cooper Vernon C
Bought by
Carrington Mortgage Services Llc

Purchase Details

Listed on
Jul 6, 2017
Closed on
Dec 8, 2017
Sold by
Pmg Family Investments Llc
Bought by
Dd 1987 Llc
Seller's Agent
Barbara Armada-Moore
BA Investments Group, LLC.
Buyer's Agent
Eric Amsallem
Beachfront Realty Inc
List Price
$99,500
Sold Price
$96,000
Premium/Discount to List
-$3,500
-3.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.34%

Purchase Details

Closed on
Sep 5, 2014
Sold by
Ocampo Javier N and Ocampo Felipe
Bought by
Pmg Family Investments Llc

Purchase Details

Closed on
Dec 30, 2013
Sold by
Bank Of America Na
Bought by
Ocampo Felipe and Ocampo Javier N

Purchase Details

Closed on
Sep 8, 2010
Sold by
Garrido Ivanessa J
Bought by
Bac Home Loans Servicing Lp

Purchase Details

Closed on
Nov 13, 2007
Sold by
Victorian Conversion Llc
Bought by
Garrido Ivanessa Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,803
Interest Rate
6.36%
Mortgage Type
FHA
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $123,000 Title Team
Warranty Deed $120,000 --
Warranty Deed $120,000 None Listed On Document
Trustee Deed $71,100 None Available
Warranty Deed $96,000 Attorney
Warranty Deed $49,000 Attorney
Special Warranty Deed $36,000 First American Title Ofs
Trustee Deed $4,300 None Available
Special Warranty Deed $139,900 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $120,000 Balloon
Previous Owner $138,803 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2025 06/03/25 For Sale $143,000 +16.3% $308 / Sq Ft
02/13/2025 02/13/25 Sold $123,000 -2.4% $265 / Sq Ft
02/04/2025 02/04/25 Pending -- -- --
01/30/2025 01/30/25 Price Changed $126,000 -0.4% $271 / Sq Ft
01/23/2025 01/23/25 Price Changed $126,500 -0.4% $272 / Sq Ft
01/21/2025 01/21/25 Price Changed $127,000 -0.4% $273 / Sq Ft
01/17/2025 01/17/25 Price Changed $127,500 -0.4% $274 / Sq Ft
01/13/2025 01/13/25 Price Changed $127,999 -1.5% $275 / Sq Ft
12/23/2024 12/23/24 Price Changed $129,999 +0.1% $280 / Sq Ft
12/22/2024 12/22/24 Price Changed $129,899 -0.1% $279 / Sq Ft
12/18/2024 12/18/24 For Sale $129,999 0.0% $280 / Sq Ft
04/25/2023 04/25/23 Rented $1,600 +3.2% --
04/17/2023 04/17/23 Under Contract -- -- --
04/10/2023 04/10/23 For Rent $1,550 0.0% --
10/20/2022 10/20/22 Sold $120,000 -7.6% $258 / Sq Ft
09/14/2022 09/14/22 For Sale $129,900 0.0% $279 / Sq Ft
04/12/2021 04/12/21 Rented $1,050 0.0% --
03/29/2021 03/29/21 Under Contract -- -- --
03/19/2021 03/19/21 Price Changed $1,050 -4.5% $2 / Sq Ft
03/08/2021 03/08/21 Price Changed $1,100 -8.3% $2 / Sq Ft
02/18/2021 02/18/21 For Rent $1,200 +26.3% --
07/01/2020 07/01/20 Rented $950 0.0% --
06/15/2020 06/15/20 Under Contract -- -- --
06/09/2020 06/09/20 Price Changed $950 -5.0% $2 / Sq Ft
05/26/2020 05/26/20 Price Changed $1,000 -4.8% $2 / Sq Ft
05/14/2020 05/14/20 Price Changed $1,050 -4.5% $2 / Sq Ft
04/23/2020 04/23/20 For Rent $1,100 +23.6% --
04/05/2018 04/05/18 Rented $890 0.0% --
03/24/2018 03/24/18 Under Contract -- -- --
03/19/2018 03/19/18 Price Changed $890 -6.3% $2 / Sq Ft
03/06/2018 03/06/18 For Rent $950 0.0% --
12/11/2017 12/11/17 Sold $96,000 +1.2% $206 / Sq Ft
10/31/2017 10/31/17 Pending -- -- --
10/23/2017 10/23/17 Price Changed $94,900 -4.6% $204 / Sq Ft
07/27/2017 07/27/17 For Sale $99,500 +3.6% $214 / Sq Ft
07/14/2017 07/14/17 Off Market $96,000 -- --
07/08/2017 07/08/17 Price Changed $99,500 -5.2% $214 / Sq Ft
07/06/2017 07/06/17 For Sale $105,000 -- $226 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,117 $113,300 -- --
2023 $2,117 $103,000 $0 $0
2022 $1,699 $82,400 $0 $0
2021 $1,700 $80,000 $0 $0
2020 $1,756 $84,222 $0 $0
2019 $1,654 $84,222 $0 $0
2018 $1,411 $67,378 $0 $0
2017 $1,172 $49,410 $0 $0
2016 $980 $44,919 $0 $0
2015 $951 $42,780 $0 $0
2014 $647 $28,520 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11711913

MIAMI REALTORS® MLS

APN: 01-4102-082-0180