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Key Details
Sold Price $120,000
Property Type Condo
Sub Type Condominium
Listing Status Sold
Purchase Type For Sale
Square Footage 465 sqft
Price per Sqft $258
Subdivision River Lofts Condo
MLS Listing ID A11780119
Style Other
Bedrooms 1
Full Baths 1
HOA Fees $204/mo
Min Days of Lease 1
Year Built 1930
Annual Tax Amount $2,270
Tax Year 2024
Property Sub-Type Condominium
Property Description
BEST PRICED renovated condo in West Brickell/Little Havana! – SHORT TERM rentals & AIRBNB JUST APPROVED! Offering an exceptional 15% Cap Rate with low HOA/maintenance of just $162. This third floor 1-bedroom, 1-bathroom unit in beautiful Art Deco building is currently rented on SECTION 8 through March 2026 for $1,600/mo. RENTALS IN BLDG RANGE FROM $1600-2000/MO. Located by the Miami River, River Lofts is within walking distance from Brickell /Downtown Miami. Close to Wynwood, South Beach 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.
Location
State FL
County Miami-dade
Community River Lofts Condo
Area 41
Interior
Heating Other
Cooling Other, Wall/Window Unit(s)
Flooring Tile
Exterior
Exterior Feature Other
Amenities Available None
View City, Other
Building
Structure Type Other
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Listed As-Is
Pets Allowed Conditional, Yes
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Bought with Capital Homes Inc