398 NE 5th St 4417, Miami, FL 33132 — MLS photo

Get More Info About This Property

398 NE 5th St 4417, Miami, FL 33132

Active · Condominium

$1,180,000

398 NE 5th St 4417, Miami, FL 33132

Beds
2
Baths
3
Living area
1,043 sq ft
$ / sq ft
$1,131/sq ft
Year built
2022
Lot size
—
HOA fee
—
Annual tax
—

About this property

44th Floor Income Residence - Panoramic Bay & City Lights. You don't buy 4417 to live in it full time. You buy it to own Downtown Miami's skyline. Floor 44, South exposure, floor-to-ceiling glass, 2 beds + den that sleeps 8, fully furnished, turnkey. One minute to Kaseya Center, Bayside, Bayfront Park, 10 minutes to MIA. This is a 49-story, 2022-built hotel-residence with resort pool, rooftop dining, daily classes - a hotel your accountant can love.

Property location

Get Directions

398 NE 5th St 4417, Miami, FL 33132

Loading property location…

Facts & features

Interior

Bedrooms
2
Bathrooms
3
Living area
1,043 sq ft

Exterior & Structure

Property type
Condominium
Year built
2022

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$0
County
Miami-Dade
MLS listing ID
A11847734
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

-$3,541

Cap rate
2.1%
Net yield
2.1%
Cash-on-cash return
-12.9%
Gross yield
5.2%
Mortgage payment
$5,594/mo
Down payment
$295,000
Loan amount
$885,000
Annual NOI
$24,638

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