Price: $99,900 | 465 s.f. | 1 Beds | 1 Baths
| Listing Price: | $99,900 |
| Price per Square Foot: | $214.84/s.f. |
| Beds: | 1 |
| Baths: | 1 |
| Interior Space: | 465 s.f. (43.2 m²) |
| Total Size: | 465 s.f. (43.2 m²) |
| Monthly Maintenance Fee: | $204 |
| Taxes (2025): | $2,127 |
| Reference: | A11976259 |
| See this property on BHSUSA.com | |
INVESTMENT WITH 17.4% NET RETURN – $99,000 – ALL CASH ONLY Unique opportunity at River Lofts Condo, Miami 33128. Income-producing investment offering an approximate 17.4% net annual return in Miami. Gross Annual Income: $21,792 After deducting HOA fees ($204/month) and property taxes ($2,127/year), the estimated net annual income is $17,217, representing approximately a 17.4% annual net return. 1 Bedroom / 1 Bathroom condo located on the third floor at River Lofts Condo, Miami 33128. For only $99,000, this 1/1 unit generates $1,816 per month through the Section 8 program with automatic renewal, providing stable and consistent government-backed income from day one. The unit features tile flooring, strong natural light, and a city-facing window. Kitchen equipped with electric range and refrigerator. Street parking available. Strategically located minutes from Brickell, Downtown Miami, Wynwood, and South Beach — in one of Miami’s fastest-growing and developing areas. The seller needs to relocate out of the country and is motivated to sell. This is a genuine opportunity to purchase at a competitive price. Properties under $100K in Miami delivering this level of return do not last on the market. Serious investors — submit your offer promptly. Ideal for investors seeking immediate cash flow and long-term stability. If you’re looking for a property that produces income from day one, this is your opportunity.
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