398 NE 5th St 1510, Miami, FL 33132 — MLS photo

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398 NE 5th St 1510, Miami, FL 33132

Active · Condominium

$1,050,000

398 NE 5th St 1510, Miami, FL 33132

Beds
1
Baths
1
Living area
509 sq ft
$ / sq ft
$2,063/sq ft
Year built
2022
Lot size
—
HOA fee
$567 Monthly
Annual tax
$15,572

About this property

LUXURY 1 BED/1BATH BAY VIEW FURNISHED! GREAT INCOME FOR INVESTOR, RENT ALLOW AIRBNB!GREAT AMENITIES, SPA, GYM, VALET PARKING, BAR AT THE POOL,LAUNGE, BAT AT GROUND FLOOR. YOU FEEL LIKE YOU'RE STAYING IN A HOTEL, BUT WITH THE PRIVACY OF A RESIDENCE. Live in the heart of the World Center with ocean views. READY TO LIVE!

Property location

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398 NE 5th St 1510, Miami, FL 33132

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Facts & features

Interior

Bedrooms
1
Bathrooms
1
Living area
509 sq ft
Flooring
Marble, Other
Appliances
Dishwasher, Electric Range, Ice Maker, Microwave, Refrigerator
Cooling
Other
Heating
Other
Interior features
Built In Features, Other, Bar

Exterior & Structure

Property type
Condominium
Year built
2022
Stories
47
Architectural style
Other
Construction
Block
Exterior features
Other
Pool
Association
Waterfront
Bayfront, Ocean Front
View
Bay, Ocean

Parking

Garage spaces
1
Covered spaces
1
Parking features
One Space

HOA, Community & Financials

Association fee
$567 Monthly
Fee inclusions
Amenities, Cable Tv, Hot Water, Other
Amenities
Business Center, Elevators, Fitness Center, Other, Pool
Security
Other, Smoke Detectors
Pets allowed
Conditional, Yes
Annual tax
$15,572
Subdivision
MAP OF MIAMI DADE CO. FL.
County
Miami-Dade
Days on market
587
MLS listing ID
A11735119
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$4,031

Cap rate
1.1%
Net yield
1.1%
Cash-on-cash return
-16.5%
Gross yield
4.3%
Mortgage payment
$4,978/mo
Down payment
$262,500
Loan amount
$787,500
Annual NOI
$11,357

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.