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398 NE 5th St Unit 1416, Miami, FL, 33132

$640,000

Home List Price

$7,600*

Closing Credit

1 Full Bath
455 SqFt
$1,407/SqFt
Condo
Schools Nearby

Location

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398 NE 5th St Unit 1416, Miami$640,000

Buyer Closing Credits

$7,600*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingCovered, Detached, Garage, One Space
Garage1 space
Year Built2023
HeatingCentral, Electric
CoolingCentral Air, Electric
ViewCity, Ocean, Water
MLS #A11549690
StatusActive

About 398 NE 5th St Unit 1416

Location! Beautiful and modern 2022 building approved for vacation rental! totally furnished included in the price, Lavis suites, stunning ocean view, amazing amenities, design for enjoyment, elegant lobby, security 24/7, valet parking, incredible rooftop pools, cocktail bar, luxury hotel-condo, multi-level fitness complex with panoramic views, in the heart of Brickell downtown, dinning and nightlife walking distance, waterfront views, art, entertainment, ready to live, to enjoy, and/or to rent... it is a gem with so much potential....

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 2023
  • Living Area: 455 SqFt

Listing Office:

  • Office Name: Miami Residential Group
  • Office Phone: (305) 647-2663
  • Listing Agent: Claudia Pinto

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Microwave, Other, Refrigerator, Washer
  • Flooring Type: Tile
  • Interior: Bar

Bedroom and Bathroom Information:

  • Full Bathrooms: 1

Exterior Features

Exterior Information:

  • View: City, Ocean, Water
  • Exterior: Other

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Covered, Detached, Garage, One Space

Virtual/3D Tour

  • Virtual Tour: 398 NE 5th St Unit 1416

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Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Electric

School Info

Assigned Schools Information:

  • Booker T. Washington Senior High School, Public Magnet Grades 9-12
  • Jose De Diego Middle School, Public District Grades 6-8
  • Frederick R. Douglass Elementary School, Public District Grades PK-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $640,000
  • Price Per SqFt: $1,407/SqFt

HOA Fees:

  • Amount: $472
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Miami, FL.

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Miami, FL

City

Med. Sold Price

$546.1K

Med. Price/SqFt

$382

Avg. Days On Market

56

# of Sold Homes

885

398 NE 5th St Unit 1416 vs Miami

51 DAYS ON ROCKET

-5 Days

$640,000

+$93.8K More

$1,407/SqFt

+$1K More

KEY TAKEAWAY

This property is $93.8K more than the Median Sold Price and $1K/SqFt more than other homes in Miami, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11549690

Listing Office:

  • Office Name: Miami Residential Group
  • Office Phone: (305) 647-2663
  • Listing Agent: Claudia Pinto

IDX © 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/4/2024, 11:20:32 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$3,734

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,985

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-5921143
2
/10

  • Frederick R. Douglass Elementary School

  • 314 NW 12th St

  • 0.86 miles

  • Public District Grades PK-5

Middle School

school-card-donut-5921144
1
/10

  • Jose De Diego Middle School

  • 3100 NW 5th Ave

  • 2.07 miles

  • Public District Grades 6-8

High School

school-card-donut-5921145
3
/10

  • Booker T. Washington Senior High School

  • 1200 NW 6th Ave

  • 1.10 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $21,792. Most Miami, FL residents have annual incomes less than $35k. Typical family type is single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 398 NE 5th St Unit 1416

What is the listing price of this property?

The listing price of 398 NE 5th St Unit 1416 property is $640,000.

What type of property is this?

The property 398 NE 5th St Unit 1416 is a condo located in Miami, Florida, 33132.

Is this property for sale now?

Active Listing: 398 NE 5th St Unit 1416 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 398 NE 5th St Unit 1416 are:
Frederick R. Douglass Elementary School: GreatSchools Rating 2/10
Jose De Diego Middle School: GreatSchools Rating 1/10
Booker T. Washington Senior High School: GreatSchools Rating 3/10

How many bedrooms and bathrooms does this property have?

The property at 398 NE 5th St Unit 1416 has 1 bathroom..

What is the square footage of this property?

The property 398 NE 5th St Unit 1416 is 455 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 398 NE 5th St Unit 1416 is 2023.

Rocket Homes›Florida›Miami-Dade County›Miami›33132›398 NE 5th St Unit 1416

This home is located at 398 NE 5th St Unit 1416 in Miami, FL and zip code 33132 in the Downtown neighborhood. This 455 square foot home was built in 2023. Features: 1 bathroom. It has been listed on Rocket Homes since March 13, 2024 and is currently priced at $640,000.

While more than 120 listings in Miami, FL in April 2024 were sold above asking price, there were more than 157 listings sold at asking price, and more than 608 were sold below. Between March 2024 and April 2024, Miami, FL real estate market has seen increase in the number of listings by 7.2%. The median list price of listings available in April 2024 was $546,178, while the average time on the real estate market was 56 days.

From Rocket Homes Real Estate and based on county public records data.

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