398 NE 5th St #PH4701, Miami, FL 33132

$1,595,000
  • bed3 Beds
  • baths3 Baths
  • hold1,150 SQFT
  • hold $1386 /SQFT
  • % Change  
  • Living Area M² 107 m²
  • $ / M² $14,929
  • Maintenance Fee $1,300
  • Days on Market 73 day(s)
  • Waterfront? Yes
  • Garage Spaces Yes
  • Pets Allowed? Yes
  • Furnished? Yes
  • Year Built 2022
  • MLS #
    A11756284
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Property Description

Short-term rental property in the heart of Downtown Miami. Daily rentals are allowed, making this a turn-key option for generating rental income in Miami’s most sought-after neighborhood. Discover this fully furnished 3-bedroom, 3-bathroom penthouse designed for elevated living in the heart of Miami. With floor-to-ceiling windows, this residence offers breathtaking views of Biscayne Bay and Downtown Miami, creating the perfect blend of sophistication and vibrant city energy. This modern retreat features tall ceilings, smart keyless entry, an Ecobee smart thermostat, and sleek contemporary finishes throughout. Residents enjoy access to resort-style amenities, including a pool deck & fitness center all while being steps away from world-class entertainment. LLC being sold.

Amenities

  • Clubhouse
  • Elevators
  • Fitness Center
  • Barbecue
  • Picnic Area
  • Pool
  • Spa Hot Tub
  • Trash
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Interior Features

  • Bedroom On Main Level
  • Closet Cabinetry
  • Living Dining Room
  • Bar

Exterior Features

  • Balcony

Property Tax Information

  • Tax Amount: $25,839

  • Tax Year: 2024

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Purchase Price
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monthly payment breakdown

total monthly payment

$9,695.20

  • Principal & Interest The principal is the amount that you borrow from a lender. The interest is the cost of borrowing that money. $ 8,395.20
  • Property Taxes This tax is a percentage of a home’s assessed value and varies by area. Homeowners pay this tax annually, semi-annually, or as part of a monthly mortgage payment.
  • HOA Fees Fees paid by homeowners within a shared complex to pay for building repairs and operation costs. HOA fees are typically paid monthly or quarterly.
  • Homeowners Insurance Homeowners insurance covers losses and damages to your home, property, personal belongings, and other assets in your home. The policy also provides liability coverage against accidents in the home or on the property. When applying for a mortgage, the applicant is usually required to provide proof of insurance on the property before the financial institution will approve the loan.
  • Private Mortgage Insurance (PMI) Borrowers with a down payment of less than 20% may be required to purchase mortgage insurance. Mortgage insurance protects the mortgage lender against loss if a borrower defaults on their loan. Typically, mortgage insurance rates range from 0.2%–2% of the loan amount per year. Your actual rate may vary.
  • Total monthly payment = $ 9,695.20
  • walk-score-icon

    walk score®

    96
  • transit-score-icon

    transit score®

    99
  • bike-score-icon

    bike score®

    77

This area is a Somewhat Walkable, some errands can be accomplished on foot - Transit many nearby public transportation options - There is some bike infrastructure

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For more information about this property:

Lucas Lechuga, PA

Luxe Living Reality
contact-phone
305 - 428 - 3860
contact-mail
info@miamicondoinvestments.com
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Downtown Miami 398 NE 5th St #PH4701 has 3 Beds , 3 Bathrooms , and 1150 square feet. The asking price for this property is $1595000, or $1386 per square feet.

© The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the multiple listing service (MLS) in which this real estate firm (Broker) participates. The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Properties listed by Brokers other than this Broker are marked with either the listing Broker's logo or name or the MLS name or a logo provided by the MLS. Detailed information about such properties includes the name of the listing Brokers. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. The Florida Association of Realtors and its cooperating MLSs do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Listing courtesy of : Interinvestments Realty, Inc., 305-220-1101