Interior
- Bedrooms
- 1
- Bathrooms
- 1
- Living area
- 442 sq ft
Active · Condominium
$720,000
398 NE 5th St 2407, Miami, FL 33132
- Beds
- 1
- Baths
- 1
- Living area
- 442 sq ft
- $ / sq ft
- $1,629/sq ft
- Year built
- 2022
- Lot size
- —
- HOA fee
- $555
- Annual tax
- —
About this property
Beautiful Studio Hotel/Condo unit nestled in the heart of downtown Miami. Featuring a Fully-equipped kitchen and chic modern furnishings, including a flat-screen TV, this unit offers both style and convenience. Rest easy on the plush king-size bed or utilize the pull-out couch for additional guests. Wake up to stunning views of Miami Beach Through the expansive east-facing windows. Indulge in the lavish amenities of this condominium, including a wrap-around pool, a state-of-the-art gym spanning two stories, valet parking, and more. Its unbeatable location provides easy access to the Kaseya Center, Bayside Marketplace, major roadways, the Port of Miami, public parks, and transportation options.Ask about the condo-hotel program. Don’t miss this exceptional opportunity.
Property location
Get Directions398 NE 5th St 2407, Miami, FL 33132
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Facts & features
Exterior & Structure
- Property type
- Condominium
- Year built
- 2022
Parking
Not provided in the MLS listing.
HOA, Community & Financials
- Association fee
- $555
- County
- Miami-Dade
- MLS listing ID
- A11931694
- 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
-$3,030
- Cap rate
- 0.6%
- Net yield
- 0.6%
- Cash-on-cash return
- -18.0%
- Gross yield
- 4.6%
- Mortgage payment
- $3,413/mo
- Down payment
- $180,000
- Loan amount
- $540,000
- Annual NOI
- $4,601
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.