UPDATED:
Key Details
Property Type Condo
Sub Type Condominium
Listing Status Active
Purchase Type For Sale
Square Footage 465 sqft
Price per Sqft $307
Subdivision River Lofts Condo
MLS Listing ID A11814625
Bedrooms 1
Full Baths 1
HOA Fees $200/mo
HOA Y/N Yes
Min Days of Lease 1
Leases Per Year 12
Year Built 1930
Annual Tax Amount $2,270
Tax Year 2024
Property Sub-Type Condominium
Property Description
?? High CAP rate of 18%, with Airbnb and short-term rentals now approved
?? Currently rented for $1,816/month through Section 8, ensuring immediate cash flow
?? Low HOA fees – only $204.28/month
?? Newer roof – only 3 years old
?? Strategically located near Brickell, Downtown Miami, Wynwood, and South Beach
?? Situated in one of Miami's fastest-growing neighborhoods
Ideal for cash buyers looking for turnkey rental income with future appreciation potential.
Location
State FL
County Miami-dade
Community River Lofts Condo
Area 41
Interior
Interior Features Bedroom on Main Level, Third Floor Entry
Heating Electric
Cooling Ceiling Fan(s), Wall/Window Unit(s)
Flooring Tile
Appliance Built-In Oven, Electric Range
Exterior
Exterior Feature None
Amenities Available None
View Y/N No
View None
Garage No
Private Pool Yes
Building
Structure Type Block
Others
Pets Allowed No
HOA Fee Include Laundry,Water
Senior Community No
Restrictions Daily Rentals Allowed
Tax ID 01-41-02-082-0180
Security Features Other
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition Listed As-Is
Pets Allowed No
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11814625
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