398 NE 5th St 1915, Miami, FL 33132 — MLS photo

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398 NE 5th St 1915, Miami, FL 33132

Active · Condominium

$660,000

398 NE 5th St 1915, Miami, FL 33132

Beds
1
Baths
1
Living area
579 sq ft
$ / sq ft
$1,140/sq ft
Year built
2022
Lot size
—
HOA fee
$745 Monthly
Annual tax
$10,857

About this property

This Amazing Residence is centrally located in Downtown offering breathtaking views os Biscayne Bay . Its a perfect fit for an investor, because the flexibility on the rental to maximize returns through short terms , or simply enjoy a personal luxury residence in the city . Furnished apartment .The building features 5 starts amenities , including a state of the art , gym and expansive pool deck with a restaurant right in the same floor . just Enjoy!!!

Interior & exterior features

Appliances

  • Dryer
  • Dishwasher
  • Disposal
  • Refrigerator
  • Washer

Cooling

  • Central Air

Heating

  • Central

Views

  • Bay

Waterfront

  • Bayfront

Parking

  • One Space

Interior features

  • First Floor Entry

Exterior features

  • Other

Pool

  • Association

Flooring

  • Ceramic Tile

construction

  • Block

security

  • Key Card Entry

association_amenities

  • Clubhouse
  • Fitness Center
  • Pool
  • Elevators

association_fee_includes

  • Internet
  • Sewer
  • Security
  • Water

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

-$2,592

Cap rate
1.0%
Net yield
1.0%
Cash-on-cash return
-16.8%
Gross yield
5.2%
Mortgage payment
$3,129/mo
Down payment
$165,000
Loan amount
$495,000
Annual NOI
$6,439

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